LLM teams up with Terra Search at historic mine
LLM and Dr Simon Beams team up to explore historic Highway Reward mine
Company has extensive and detailed exploration and mining data from acquisition
The parties will use AI tech to determine new copper-gold drill targets
Special Report: Loyal Metals has joined forces with highly regarded Terra Search geologist Dr Simon Beams to unlock the potential of its Highway Reward copper-gold mine in north Queensland.
Amongst the world's highest-grade copper mines, the project operated from 1987 to 2005 with historical production of 3.65Mt at 5.7% copper and 260kt at 4.5 g/t gold.
Throughout the mine's 20-year dormancy, Terra Search has preserved a comprehensive and robust archive of both exploration and mining data — an invaluable foundation for revitalisation.
And Dr Beams himself has over 38 years of hands-on experience at the mine and with the broader Mount Windsor Volcanic Belt – invaluable expertise at the company works to realise the full potential of the world-class copper-gold system.
Loyal Metals (ASX:LLM)says this collaboration could unlock the remnant potential of the mine using advanced AI-powered mining software to create 3D geological models and identify promising exploration targets for drilling.
Transforming legacy assets through innovation
The company has $4.4m in funding to deploy modern exploration techniques at the project, which it believes could unearth the next generation of discoveries.
'Highway Reward is more than a historic mine - it's a proven, high-grade copper-gold system with significant untapped potential,' MD Adam Ritchie said.
'Engaging Dr. Simon Beams enables us to fast track the next phase of discoveries, combining unmatched local expertise, modern exploration tools, and a clear vision for revitalisation.
'With a comprehensive digital data set and $4.4 million in funding, Loyal Metals is well positioned to unlock significant value through targeted exploration.'
Dr Beams says the project has immense untapped potential. It also holds a special place for him, having been there for the first discovery drill hole.
'Having guided this project through its early exploration, I've seen firsthand the richness of its geology,' he said.
'Now, we're bridging decades of hands-on knowledge with cutting-edge tools—AI, advanced geophysics, and 3D modeling—to fast-track new discoveries.
'This isn't just about revisiting old data; it's about rewriting the playbook with modern precision.
'We're not just revisiting a mine; we're setting a new standard for how legacy assets can be transformed through innovation.'
This article was developed in collaboration with Loyal Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Originally published as Loyal Metals teams up with Dr Simon Beams to unlock Highway Reward copper-gold potential
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