Cooper Metals Limited announce the completion of the RC drilling program at King Solomon and Python Cu-Au prospects and the commencement of an induced polarization survey (IP) at the Mt Isa East Copper Gold Project in
northwestern Queensland. A total of nineteen reverse circulation holes for 2,816m was completed on a range of targets at King Solomon 1, King Solomon 2, Python and the Camp gossan. Fifteen drill holes for 1,740m of RC drilling were completed at King Solomon 1 prospect, drilling under historical workings and testing three plunging shoots identified in the August RC drilling program. A slightly different approach was taken in this program with most drillholes drilled from the western side towards the northeast. This was designed to explore the footwall zone west of the main mineralised shear zone where drilling in August intersected narrow high-grade gold including 1m @ 0.7% Cu & 1.95g/t Au from 32m (22MERC046). The drilling has intersected visual sulphides in several holes the most significant visual intersection was in the northern portion of King Solomon 1, where hole 22MERC055 intersected three zones of visual sulphides including a new western zone adjacent to the main mineralised shear zone. The extent of the western zone is unknown. No assay results are available yet. Visual estimates of sulphide mineralisation ranged from trace (<1%), to disseminated (0-10%) and up to semi-massive in one sample (>10%). Sulphide mineralisation is dominantly hosted in sheared siltstones of the Corella Formation and associated with quartz-carbonate alteration. The visible sulphide mineralisation thickness pinches and swells along the King Solomon trend and at this stage the continuity and grade of copper and gold mineralisation is still being assessed. Six hundred and twenty, one metre RC drilling samples (including QA/QC samples) taken from nineteen drill holes, were submitted to Australian Laboratory Services in Mount Isa in two separate batches. The samples will be analysed for a suite of elements including copper and gold. One metre samples were selected by a geologist for laboratory analysis based on the observed geology in the drill chips and guided by a portable XRF machine, where copper was measured at >1000ppm. Samples immediately above and below the mineralised horizon were also selected for analysis.