Cooper Metals Commences Follow-Up RC Drilling at Raven and Brumby Ridge

THE DRILL SERGEANT: Cooper Metals (ASX: CPM) has fast-tracked its next round of RC drilling on the Raven prospect within the company’s Mt Isa East copper-gold project.

The decision follows encouraging results from a scout drilling campaign carried out in October that intersected:

10 metres at 1.27 per cent copper and 0.17 grams per tonne gold from 77m and 3m at 1.46 per cent copper and 0.15g/t gold from 100m, both within a wider intercept of 44m at 0.48 per cent copper and 0.055g/t gold from 59m.

While there has only been a limited amount of drilling at Raven, the company considers it has potential to expand, based on its modelling of a VTEM anomaly of approximately 400m long and steeply dipping.

“As indicated last week, the company is fast tracking follow up RC drilling at Raven, where we intersected significant copper-gold mineralisation near surface in October,” Cooper Metals managing director Ian Warland said in the company’s ASX announcement.

“The drilling aims to extend the known mineralisation at depth and along strike, and we will also take the opportunity to complete some additional drill holes at the Brumby Ridge prospect.

“We look forward to updating the market in the coming weeks.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE