Image Source: CYM Website
- Cyprium Metals has received assay results from a further 16 RC holes for an advance of 4,186m at Nifty West.
- The drilling programme targeted lightly drilled areas up-plunge of the former underground mine in the keel area of the Nifty Syncline below the western end of the Nifty open pit.
- The resource update is expected to grow the existing inventory of 732,000 tonnes of contained copper reported for Nifty in the November 2021 Mineral Resource estimate.
Cyprium Metals Limited (ASX: CYM) has reported another set of exciting results, with assays received from a further 16 RC holes for an advance of 4,186m at Nifty West. These holes were completed at the drilling programme, targeting lightly drilled areas up-plunge of the former underground mine in the keel area of the Nifty Syncline below the western end of the Nifty open pit.
The Company announced results for 5 holes completed on new section line 101,720E in addition to other drilled on existing section lines 101,520E, 101,560E, 101,600E, 101,640E and 101,680E.
Source: CYM Update, dated 28 February 2022
All five holes (21NRWP048 to 52) drilled along this previously untested section line have returned significant widths of low to medium grade copper mineralisation consistent with the historic holes.
Copper mineralisation in Hole 21NRWP047 extends over 69m downhole, including: 57m at 1.01% Cu from 224m, including:
Copper mineralisation in hole 21NRWP048 extends over 115m downhole, including:
Copper mineralisation in hole 21NRWP049 extends over 82m downhole, including:
Copper mineralisation in hole 21NRWP051 extends over 88m downhole, including:
copper mineralisation in hole 21NRWP052 extends over 93m downhole, including:
A wide zone of low-grade copper mineralisation was intersected from a single infill hole drilled on Section 101,640E between holes 21NRWP020 and 21NRWP0412. Significant intersections from 21NRWP053 include
The hole deviated towards hole 21NRWP041 and is planned to be redrilled.
Holes: 21NRWP054 to 57
All four infill holes were completed on Section 101,600E, returning significant widths of low-grade copper mineralisation. These holes confirming the continuity of the mineralisation in the previously reported holes.
A step-out hole, 21NRWP058 was drilled to the south and intersected significant copper mineralisation extending into the southern limb area of the Nifty syncline. Significant results from the hole include 5m at 0.78% Cu from 164m, including 2m at 1.26% Cu from 165m, and 16m at 0.59% Cu from 181m, including 1m at 1.12% Cu from 187m and 1m at 1.24% Cu from 191m.
It was drilled to infill the previously reported holes 21NRWP019 and 21NRWP0342. Hole 21NRWP059 returned 14m at 0.96% Cu from 200m, including 6m at 1.78% Cu from 204m within a wide zone of anomalous copper mineralisation
The hole was drilled to the south of the higher-grade intersections previously reported. It was abandoned and redrilled by hole 21NRWP061, returning several zones of anomalous to low-grade copper mineralisation
The Company highlighted that assay results for a further 11 holes drilled in the West pit area are pending. Upon completing the program, CYM has scheduled a resource update, which is expected to grow the existing inventory of 732,000 tonnes of contained copper reported for Nifty in the November 2021 Mineral Resource estimate.
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