Cooper (ASX:CPM) spin up for copper-gold at Mt Isa EastOctober 5, 2023 0 By Tom Duggan
Cooper Metals has begun an RC drilling sweep over five key copper-gold prospects at its Mt Isa East project within Queensland’s famed North West Minerals Province.
The campaign will hit the Mafic Sweats South, Brumby Ridge, Long Slot, Raven, Yarraman and Long Slot targets, where new rock chip assays from historical workings have just returned up over 30 per cent copper, exceeding Cooper’s expectations and confirming anomalous soil geochemistry.
Both Raven and Mafic Sweats South hold coincident VTEM and geochemical anomalies to test, and the greater campaign has spun up for fourteen holes and 1600 metres of drilling as an initial scout test of anomalies and high-grade grabs across the prospects.
Cooper Managing Director Ian Warland said that the collection of targets all sit in a convenient cluster within five to ten kilometres of each other, allowing for a single campaign to complete initial testing at each.
“All prospects show strong copper anomalism in favourable lithologies and structural settings. Raven and Mafic Sweats South prospects also have coincident VTEM anomalies associated with the Cu-Au anomalism. The drilling should take two to three weeks and we look forward to updating the market as results come to hand,” Mr Warland said.
Mt Isa East
The Cooper flagship covers 1600 square kilometres of territory with numerous historical workings across a Mt Isa Inlier proven as highly prospective for multiple styles of copper-gold deposits.
Diamond drilling assays are soon due from the King Solomon Prospect, and Cooper has built up an extensive pipeline of targets in a region standing as one of the world’s most significant producers of base and precious metals.
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