Highlights
- Reverse circulation (RC) drilling on four regional Cu-Au prospects at the Mt Isa East project has started.
- The program will follow up on 14 holes covering 2,300m.
- The drilling program will take up to three weeks.
Cooper Metals Limited (ASX: CPM) has embarked on a new drilling program at the Mt Isa East Project, focusing on four regional copper-gold prospects: Raven, Mafic Sweats North, Mafic Sweats South, and Yarraman. The RC drilling across these prospects will cover 14 holes for approximately 2,300m.
To know the latest update about the company’s Brumby Ridge project, click here.
This drilling campaign follows up on the promising results reported from previous drilling activities conducted in 2023 at Raven, Mafic Sweats South, and Yarraman. Additionally, it includes a maiden drilling program at Mafic Sweats North, aimed at investigating geophysical and geochemical targets.
The RC drilling operation is anticipated to take up to three weeks to complete. Assay samples collected during the drilling process will be given priority processing at the Mt Isa laboratory.
CPM shares jump
CPM shares jumped 4.76% to trade at AU$0.11 apiece at the time of writing on 12 April 2024.