Exploration update on Brumby Ridge Cu-Au Prospect

Cooper Metals Limited (ASX: $CPM) has provided an exploration update on the Brumby Ridge Cu-Au Prospect within the Mt Isa East Cu-Au Project. The company's IP survey has confirmed an at least 300m long chargeability response at Brumby Ridge, indicating strong depth potential. Currently, Cooper Metals is conducting around 1,200m of diamond drilling and up to 2,000m of RC drilling at Brumby Ridge to assess the size and grade potential of the mineralisation.

Executive Commentary on IP Survey Results

The IP survey has now been completed at Brumby Ridge and it is highly encouraging to extend the strong chargeability response along strike for around 300m and at depth. The IP chargeability response starts around 50m below surface and at least on two of the lines continues at depth beyond 200m model. Diamond drilling has recently commenced, and we look forward to updating the market when results come to hand.

Summary of Brumby Ridge Exploration Update

Cooper Metals (ASX: $CPM) has confirmed a significant 300m chargeability response at the Brumby Ridge Cu-Au Prospect, indicating strong depth potential. The ongoing IP survey has revealed promising results, with the chargeability response starting around 50m below the surface and continuing at depth, potentially beyond 200m. The company is currently conducting diamond drilling to ascertain the size and grade potential of the mineralisation. The mineralisation at Brumby Ridge is associated with extensive magnetite, hematite, and albite alteration typical of iron oxide copper-gold (IOCG) systems in the area. Cooper Metals aims to build shareholder wealth through the discovery of mineral deposits and has three projects in proven mineralised terrains with access to infrastructure, including the Mt Isa East Cu-Au Project, Gooroo Cu and or Au Project, and other prospects. The company's competent person, lan Warland, has provided the geological interpretation and exploration results based on his expertise and experience. The Board of Cooper Metals Limited has approved this announcement and authorised its release on the ASX.