Cooper Metals confirms depth potential at Brumby Ridge ahead of drilling
February 21, 2024 at 12:46 pm
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Cooper Metals Ltd (ASX:CPM) CEO Ian Warland joins Proactive’s Jonathan Jackson to discuss how a pole-dipole (PDP) induced polarisation (IP) survey has confirmed the strong depth potential of the chargeability anomaly at its Brumby Ridge Prospect within the Mt Isa East Copper-Gold Project. Warland talks through the IP survey, what the upcoming drilling program at Brumby Ridge will look like and the recent, very well supported, $3.5 million capital raise that fully funds the drilling. Finally, Warland gives us an overview of the work to come across Mt Isa.
Warland said: “We are ready to recommence drilling soon at Brumby Ridge. It’s highly encouraging to see the strong chargeability response from the first line of IP indicating the mineralisation is wide, steeply dipping and extends at depth. This corroborates what we have learnt from our earlier drilling and surface results."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Cooper Metals Limited is an Australia-based mineral exploration company. The Company is focused on the discovery of copper and gold. The Companyâs flagship Mount Isa East Project comprises five tenements covering a combined area of approximately 1,300 square kilometers (Km2) in the Mount Isa district of north-west Queensland. The Project is centered approximately 30 km southeast of the town of Mount Isa and 900 kilometers (km) west of the port facilities at Townsville. The Gooroo Gold Project area is located within the Archaean Gullewa Greenstone belt in the Murchison Province of the Archaean Yilgarn Craton. The Silver Lakes Deflector Cu-Au deposit is located approximately 26 km north of the Gooroo Project. The project comprises one granted exploration license, E59/2512, covering an area of approximately 150 km2 in the Yalgoo Shire of the South Murchison District of Western Australia. The Project is centered approximately 400 km north of Perth, Western Australia.