Cooper Metals (ASX: CPM) commences diamond drilling at Mt Isa prospect, King Solomon

Highlights

• Diamond drilling program has begun at the King Solomon 1 prospect near the Mt Isa East project.
• The campaign would test the significant shallow copper and gold mineralisation at the prospect.
• The company expects structural and geochemical information from three plunging shoots identified in historical RC drilling.
• The program is expected to take approximately three weeks.

Copper and gold explorer Cooper Metals Limited (ASX: CPM) has commenced diamond drilling at King Solomon 1 near the Mt Isa East Cu-Au project. The campaign aims at evaluating the substantial shallow copper and gold mineralisation intersected at the prospect.

The drilling campaign would cover four holes for nearly 700m. These four holes are the first diamond holes into King Solomon 1 prospect.

Mineralisation at King Solomon 1 prospect

Previous RC (reverse circulation) drilling at King Solomon 1 prospect reported Cu-Au mineralisation over 650 metres of strike length. Also, three south-easterly plunging shoots were located, which remain open at depth.

In late 2022, the company conducted IP surveys at the prospect, indicating a chargeability anomaly at depth, especially in the south-eastern part of the prospect.

Details of the drilling campaign

The drilling campaign would cover four holes for nearly 700m. These four holes are the first diamond holes into King Solomon 1 prospect.

The diamond holes are designed to identify Cu-Au mineralisation near three RC drill holes –

Data source: Company update

One of the drill holes would also assess for the extension to the parallel western zone, located near the centre of the IP anomaly.

The campaign is expected to provide structural and geochemical data from the three plunging shoots identified during the RC drilling. The information would assist in improving the geological model. Also, it is expected to increase confidence in designing deeper drill holes to examine the prospect’s depth potential.

A downhole electromagnetic survey (DHEM) is also planned across the drill holes to aid interpretation.

The company stated that the drilling is estimated to be completed in approximately three weeks, followed by DHEM surveys and assays.

The campaign is a part of the RC drilling program planned to test the priority Cu-Au targets across the company’s extensive tenement portfolio.