True North Copper says it has sold its Bundarra project, describing the divestment as a move to sharpen focus and redeploy capital. Multiple outlets report that the company banks proceeds that include cash and equity, and in one account a royalty is also involved. True North Copper says it will use the funds to concentrate on its copper assets in northwest Queensland, particularly the Mt Oxide and Cloncurry projects. The reports state that drilling is ongoing at the Mt Oxide and Cloncurry sites, which forms part of the rationale for the funding shift after disposing of what it characterises as a non-core asset. The coverage is consistent that Bundarra is being exited and that the proceeds are intended to support the company’s next stage of work at its Queensland projects rather than maintaining exposure to the divested operation. No source in the provided material identifies additional buyers’ details, transaction value, or timing beyond the sale itself.