Sydney, Aug. 1, 2022 /Medianet/ —
Highlights:
- Drilling has commenced at King Solomon testing along strike and down dip of mineralisation intersected in the June maiden drilling program, where down hole intersections included:
- 17m @ 2.2% Cu from 84m including 8m @ 4.3% Cu from 84m (22MERC016)
- 18m @ 1.8% Cu and 0.11g/t Au from 57m, including 5m @ 5.4% Cu and 0.31g/t Au (22MERC003)1
- Drilling will also test new induced polarisation (IP) anomalies, from the July IP surveys which identified significant additional Au-Cu targets, down dip, adjacent to and along strike from known Cu-Au mineralisation at King Solomon 1, 2 and 3, suggesting a much larger mineralised system than previously indicated2
- Around twenty holes for 2000m of RC drilling is planned over the next few weeks with assays reported as soon as they are available
Cooper Metals Limited (ASX: CPM) (“CPM” or “the Company”) is pleased to announce the commencement of RC drilling at the King Solomon prospect at the Mt Isa East Copper Gold Project in northwestern Queensland (Figure 1).
Cooper Metals Managing Director Ian Warland, commented:
“After a successful maiden drilling program at King Solomon in June and a highly encouraging IP survey in July, it’s time to get the truth detector out again to test the new Cu-Au targets. At the end of this drill program, we hope to have a much better understanding of the size and grade potential of the mineralisation . I look forward to updating the market on results later in the year.”
Contact details:
Jane Morgan