Cooper Metals confirms significant copper discovery
Melbourne, Victoria | November 30, 2023 12:30 PM Eastern Standard Time
Cooper Metals Ltd (ASX:CPM) MD Ian Warland discusses with Proactive significant assay results that confirm a new copper discovery at the company’s Brumby Ridge Prospect within the Mt Isa East Copper-Gold Project in northwest Queensland. The latest assays confirm bonanza copper grades with one hole returning 71 metres at 2.8% copper and 0.05 g/t gold. He says the mineralisation at Brumby Ridge Prospect is open in all directions and appears to increase in copper and gold grade with depth.
Warland said: “71 metres at 2.8% copper, with a higher-grade intersection of 24 metres at 5.4% copper could be the start of a significant discovery at Brumby Ridge for Cooper Metals. Of the five drill holes to date, three have hit significant mineralisation and finished in mineralisation.
"This whole prospect area is well located, just down the road from Mt Isa township and will continue to be our main focus going in to 2024.”
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