Cyprium Metals (ASX: CYM) receives RC drilling results at Nifty East

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Cyprium Metals (ASX: CYM) receives RC drilling results at Nifty East

 Cyprium Metals (ASX: CYM) receives RC drilling results at Nifty East
Image source: CYM Update

Highlights

  • Cyprium Metals Limited (ASX: CYM) unveiled remarkable assay results from the Nifty East infill extensional drilling.
  • The Company intends to restart operations using a heap leach SX-EW and establish a long-term producing copper mine.
  • The drilling program was targeted to test the areas from the previous program which identified encouraging widths of oxide/transitional mineralisation.

The exploration endeavors of Australian explorer, Cyprium Metals Limited (ASX: CYM) continue to catch a break with remarkable drilling results at the Nifty copper mine, located in the north-eastern Pilbara region of Western Australia.

In a major market update, the ASX-listed copper player unveiled the assay results from the Nifty East infill extensional drilling, consisting of a total of 21 RC drill holes for 5,725m. The drill program was targeted to test the areas from the previous program which identified encouraging widths of oxide/transitional mineralisation.

Must Read: Cyprium Metals’ (ASX:CYM) Nifty Copper MRE increases significantly

Nifty Copper Project showing the location of eastern extension drilling

Source: Company Announcement (21 June 2022)

Cyprium intends to restart operations using a heap leach SX-EW and establish a long-term producing copper mine.

So far, results demonstrate the potential to define additional shallow mineralisation for the planned heap leach restart and grow the existing +0.9 Mt contained copper Mineral Resource.

Good Read: Cyprium Metals (ASX:CYM) reports a productive March 2022 quarter

Remarkable drilling results:

The significant intersections from the current drilling program are as follows:

Significant widths of copper mineralisation intersected

Data Source: Company Announcement (21 June 2022)

  • Oxide mineralisation that was previously intercepted in holes 21NRSP006 and 21NRSP011 was also confirmed by hole 21NRSP021. Furthermore, the hole also extended sulphide mineralisation at depth within the carbonate-shale host rocks.
  • The oxide mineralisation, previously intersected in historical drill hole NCP0317 and hole 21NRSP001 has also been confirmed by hole 21NRSP030.
  • Infill transitional and sulphide mineralisation was intercepted in hole 21NRSP039 and hole 21NRSP023, which intercepts upper sulphide mineralisation.

Nifty East drill hole section 102,880E

Source: Company Announcement (21 June 2022)

  • Hole 21NRSP0033 and Hole 21NRSP034 have confirmed oxide and transitional mineralisation previously unidentified.
  • The sub-parallel zone of supergene mineralisation was intercepted by hole 21NRSP024.
  • Intercepts of shallow oxide and deeper transitional mineralisation have also been confirmed by hole 21NRSP035.
  • The southern sub-parallel zone of supergene copper mineralisation was also intersected by hole 21NRSP026.
  • Hole 21NRSP0025 intersected higher sulphide mineralisation in the stratigraphic sequence.

In Section 102,920E, further extensions to the oxide mineralisation towards the east of the Nifty pit have also been identified by the drilling. The mineralisation is mostly in proximity to the northern limb of the Nifty Syncline.

Must Read: Cyprium Metals’ (ASX:CYM) Nifty Copper Project Restart Study highlights robust fundamentals 

Additionally, in Section 102,960E, the drilling has confirmed oxide and transitional mineralisation previously identified in historical holes. Furthermore, new extensions to sulphide mineralisation to the east and at depth have also been identified.

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