Update on Mt Mulcahy Copper Prospect

Scorpion Minerals Limited (ASX: $SCN) is advancing its exploration strategy at the Mt Mulcahy Copper Prospect in Western Australia. The company aims to pursue high-grade copper targets following the confirmation of significant copper grades in historic exploration. The Mt Mulcahy Prospect is located within the broader Pharos Project, covering an area of 1,295 km² and situated approximately 60km northwest of Cue in the Murchison Mineral Field, Western Australia.

Executive Commentary

Scorpion's CEO Michael Fotios expressed enthusiasm about advancing exploration activity at the Mt Mulcahy Prospect, highlighting its significant Cu-Zn-Ag-Au-Co resource in VMS stratigraphy similar to the world-class Golden Grove asset held by 29 Metals. He emphasized the existing resource within the South Limb Pod zone, providing a solid foundation for further exploration. Fotios also mentioned the company's plans to provide regular updates on progress from both lithium and copper exploration strategies in the coming weeks.

Exploration Update and Outlook

Scorpion Minerals Limited (ASX: $SCN) is set to pursue high-grade copper targets at the Mt Mulcahy Prospect following the confirmation of significant copper grades in historic exploration. The company's CEO, Michael Fotios, highlighted the existing resource within the South Limb Pod zone, providing a solid foundation for further exploration. The Mt Mulcahy Prospect is located within the broader Pharos Project, covering an area of 1,295 km² and situated approximately 60km northwest of Cue in the Murchison Mineral Field, Western Australia. Scorpion plans to undertake various exploration programs over the coming months, including DHEM survey, ground EM surveys, geological mapping, rock chip sampling, and diamond or RC drill testing of existing targets at depth. The company aims to provide regular updates on progress and looks forward to advancing its exploration activities amidst a strengthening copper market.