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Cooper Metals (ASX: $CPM) completes follow up RC drilling at Mt Isa East

Overview of Cooper Metals' RC drilling completion at Mt Isa East


Cooper Metals Limited (ASX: $CPM) has successfully completed follow-up RC drilling on four regional Cu-Au prospects at the Mt Isa East Project, namely Raven, Mafic Sweats North, Mafic Sweats South, and Yarraman. The drilling involved a total of 12 RC drill holes covering approximately 1,800m, with a focus on obtaining 523 one metre samples for laboratory analysis. This follow-up drilling aimed to test for extensions to Cu-Au mineralization previously intersected in 2023, particularly at Mafic Sweats South, and to investigate chargeability and geochemistry anomalies at Yarraman Cu-Au Prospect.

Executive Commentary on RC Drilling Completion


RC drilling was completed on all four prospects, totaling 12 RC holes covering around 1,800m. Over 500 one metre samples have been selected for laboratory assay based on the presence of anomalous copper in portable XRF and visual logging by a Company geologist. The Managing Director, Ian Warland, expressed satisfaction with the progress of the drilling and anticipates updating the market with the assay results once the data has been received and analyzed.

Summary of RC Drilling Completion and Future Plans


Cooper Metals has concluded RC drilling on four Cu-Au prospects at the Mt Isa East Project, with a significant focus on the Mafic Sweats South Prospect. The completion of this drilling phase marks a crucial step in the ongoing exploration efforts, aiming to interpret assays and plan follow-up exploration. Additionally, the company is continuing its investigation into the prospectivity of the Brumby Ridge. The Managing Director's positive outlook on the drilling progress indicates the company's commitment to advancing its exploration activities and delivering further updates to the market as the assay results are received and analyzed.

COOPER METALS LIMITED
CPM | ASX | Materials
0.065-0.002(-2.99%)
At close 05/07 (AEDT)
Market cap
$5.2M
Volume
135,660
DY Yield
0
PE Ratio
0
52 Week Range
0.058 - 0.5
1YR Return
N / A

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