Copper Search (ASX: $CUS) announces drill program for Peake Project

Copper Search Limited (ASX: $CUS) has confirmed a focused six-week diamond drill core program set to commence on June 1st at the Paradise Dam and Douglas Creek Prospects. The program aims to test both prospects for large-scale copper deposits at the Peake Project in South Australia. The company is well-funded with $2.6 million cash at the bank as of the 30th of March 2024, and the two-hole drill program is budgeted to cost $0.8 million.

Executive Commentary on Drill Program

Copper Search Limited (ASX: $CUS) is pleased to announce the drill ready status of the Douglas Creek and Paradise Dam Prospects and the commitment to drill test these two prospects commencing in June. The company has prioritized these two large-scale copper prospects from an initial 40 geophysical anomalies through extensive geophysical surveys and drilling campaigns over the last two years for drill testing in Winter 2024. The program is expected to take approximately six weeks to complete at an all-in cost of $0.8 million. The company intends to report laboratory assays rather than visual results, hole by hole as appropriate.

Summary of Drill Program and Outlook

Copper Search Limited (ASX: $CUS) has confirmed the commencement of a six-week diamond drill core program at the Paradise Dam and Douglas Creek Prospects to test for large-scale copper deposits at the Peake Project in South Australia. The company's well-funded position and secured permits and contractors indicate a strong commitment to the exploration and potential discovery of significant mineral deposits. With a clear focus on the Winter 2024 drill program, Copper Search aims to provide laboratory assays for accurate reporting of results. The company's ambitions and goals are aligned with the exploration and assessment of the gold potential on the Mt Denison claim, demonstrating a comprehensive corporate strategy and commitment to maximizing the project's potential.