Annual Report (2025)

It has been a big year for the company. While the change of our company name from Copper Search to Altitude Minerals is a visible indicator of the shift, for me, the most important transformation has been in our strategy and mindset. 

We have evolved from being a single-project, single-commodity explorer into a broader, multi-commodity company with a focus on finding the best drill targets. Whether targeting copper, gold, silver or critical minerals, the key factor is that they are large-scale targets that can be quickly and cheaply progressed to drill-ready and drill tested.

I believe this transition has been positive for the company. It has sharpened our focus on what sets Altitude apart: our people and our process. Since listing on the ASX in 2021, we have assembled a team of experienced operators and world-class commodity experts who bring decades of discovery success across copper, gold, silver, uranium, and mineral sands. However, we haven’t relied solely on this track record – we have also worked to refine a rigorous project filtering process that leverages our in-house expertise and the latest machine learning techniques. This process has enabled us to efficiently review more than 50 potential projects this year alone and select only those that meet our high standards and we believe have the most potential to deliver value for you – our shareholders.

More importantly, we have secured in recent months new exploration opportunities in SA, NSW, Nevada (USA) and Alaska (USA).

While much has changed, we have stuck to the founding principle that guided our acquisition of the Peake Project in the Gawler Craton — that the best place to find new deposits is in proven districts with a track record of profitable mines. Our new projects each share that key attribute. Together, they are setting the foundation for a bright future for Altitude Minerals.

On behalf of the Board, I would like to thank our Managing Director, Duncan Chessell, and the entire Altitude Minerals team for their hard work and commitment over the past year. I also extend our gratitude to the Traditional Owners and local communities with whom we partner — collaboration and respect remain central to how we operate.

We look forward to the year ahead with confidence and excitement as Altitude Minerals continues to build momentum toward discovery.

Chris Sutherland

Chairman
Copper Search