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Cooper Metals (ASX:CPM) announces encouraging assays for Gooroo Project - Kalkine Media

February 07, 2023 01:21 PM AEDT | By Manisha
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Highlights

  • Cooper Metals has received encouraging results of the 100m infill soil sampling conducted at the Gooroo Project in Western Australia.
  • Five highly anomalous areas have been identified at the Gooroo Project.
  • Anomaly 3 has a peak gold value of 24.7ppb in mafic greenstones, proximal to interpreted faults that may have been important plumbing mechanisms in the region for gold mineralisation.
  • The company has begun field work to ground truth the four priority gold anomalies before the auger drilling planned later this year.

 

ASX-listed mineral exploration company, Cooper Metals Limited (ASX:CPM) has received encouraging results of the 100m infill soil sampling conducted at the Gooroo Project in Western Australia. According to the company, gold (Au) assays up to 24.7ppb Au have been returned from the infill sampling. The samples with greater than 4ppb Au have been considered anomalous.

Five broad gold anomalies present in potentially favourable structural trap sites, including the nose of the Gullewa syncline and major regional faults traversing the greenstone belt, which is considered to be significant for gold deposits formation elsewhere in the belt.


Data source: Company update; Image source: © 2023 Krish Capital Pty. Ltd.

Management Commentary

Data source: Company update; Image source: CPM, © 2023 Krish Capital Pty. Ltd.

More to come…

 


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