Mining Stock Daily Pallas Resources Exploration Update from Kazakhstan, Including a New Copper Discovery at Satpayev
Mar 18, 2026
Simon Cooper, CEO of Pallas Resources, leads exploration in Kazakhstan and manages major JV partnerships. He discusses a new near-surface supergene copper discovery at Satpayev with standout drilling results. Plans for 2026 drilling to test deeper sulfide targets and the scale of JV-funded programs are also covered.
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Near Surface Supergene Copper At Satpayev
- Palace's Satpayev hole returned 29.5m at 3.04% Cu in a near-surface supergene blanket.
- The license sits adjacent to Jaskazgan, a world-class sediment-hosted copper district, implying credible continuity of mineralization.
Low Cost Testing Delivered Strong Early Results
- Satpayev drilling to date cost only a few hundred thousand dollars, demonstrating low-cost testing in Kazakhstan.
- Simon notes strong cost advantage in-country and that current results came from a modest ~$200k program.
Test Beneath The Supergene With Diamond Holes
- Drill deeper diamond holes to test for underlying sulfide or transition zones beneath the supergene blanket.
- Palace plans 3–4 diamond holes to directly assess whether high-grade supergene material 'bled' from a primary sulfide source.