Cooper Metals is a new Australian-based mineral exploration company focussed on the discovery of copper and gold. Cooper Metals has three highly prospective Projects in Queensland and Western Australia. The Company’s modest capital structure makes the Company’s share price strongly leveraged to exploration success.
Cooper Metal’s flag ship Mt Isa East Cu-Au Project covers over 1300 sq.km of tenure with numerous historical Cu-Au workings and prospects already identified for immediate follow up exploration. The Mt Isa Inlier is highly prospective for iron oxide copper gold (IOCG) and shear hosted Cu +/- Au deposits.
Mt Isa East is complimented by two early stage Projects in WA within proven well mineralised districts. The Yamarna Gold Project located along strike from Gold Roads 6.16 Moz world class Gruyere Gold Deposit (ASX: GOR) has an extensive length of untested Dorothy Hills Shear Zone that was important in the formation of Gruyere < 10 km to the southeast.
Lastly the Gooroo Cu and Au Project covers newly identified greenstone belt ~20 km from Silver Lakes Deflector mine. The 26 km expanse of covered greenstone belt has had almost no exploration and was only added to government geology maps in 2020 after reinterpretation of geophysical data.
An initial high-grade hole and early excitement is now confirmed a discovery by a bonanza grade intercept into Brumby Ridge.
The best strike at Mt Isa East to date looks to be backed up by the follow-up campaign and more enviable returns.
The follow up is fast tracked after the return of significant copper gold at the surface of one of many Mt Isa East prospects.
More significant strikes into untested territory provide proof Cooper's target generation is bringing in discoveries at Mt Isa East.
Results reveal a new interpretation and the potential to significantly extend mineralisation of a key copper-gold prospect.
Initial assessment suggests a follow up will be in order at a cluster of prospects showing strong anomalism in favourable settings.