Cooper Metals (ASX:CPM) cap off drilling over a key copper-gold clusterOctober 17, 2023 Off By Tom Duggan
Cooper Metals has completed its RC scout campaign across five key clustered copper-gold prospects at its Mt Isa East Project in northwest Queensland.
The Mafic Sweats South, Brumby Ridge, Long Slot, Raven, and Yarraman prospects all sit within 10 kilometres of each other and show strong copper anomalism in favourable lithologies and structural settings.
Cooper completed 14 holes for 1550 metres over the prospects, and two batches of samples have been sent to the Mt Isa lab on rush for first results expected to come in next month.
“RC scout drilling was successfully completed over the five prospects. The first batch of samples from Mafic Sweats and Raven were submitted to the laboratory last week on rush and the remainder of the samples were submitted yesterday,” Managing Director Ian Warland said.
“In all, 638 samples including quality control samples were submitted to the laboratory for assay analysis. Drilling data is currently being compiled and interpreted with follow-up drilling likely at some of the prospects, upon receipt of assay information.
“We expect assay results in November and will provide updates to the market as soon as possible.”
Results are not yet on hand, but initial field assessment strongly suggested a follow up will be coming at a number of the prospects.
Diamond drilling assays from the King Solomon prospect are also in the queue as Cooper plan a full interpretation of results and its next copper campaigns into a North West Minerals Province long-proven as one of the world’s most significant producers of base and precious metals.
Please note the following valuable information before using this website.
Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.