THE DRILL SERGEANT: Cooper Metals (ASX: CPM) kept the news flowing by reporting assay results from the Brumby Ridge and Raven copper-gold prospects at the company’s Mt Isa East copper-gold project.

Cooper Metals latest results follow earlier hits from initial RC drill hole 23MERC024 that intercepted 50 metres at 1.32 per cent copper from 80m, including 2m at 6.1 per cent copper and 0.23 grams per tonne gold at the Brumby Ridge prospect, which was the best assayed drill intercept achieved at the Mt Isa East project to date.

Shooting a portable XRF at follow up drilling at Brumby Ridge, which commenced last week, has revealed a strong intercepted hosted in strongly altered iron oxide copper-gold brecciated mafic volcanics.

Drilling at the Raven prospect intersected mineralisation, including:

23MERC019
15 metres at 1 per cent copper and 0.1 grams per tonne gold from 35m within a wider intercept of 28m at 0.63 per cent copper and 0.061g/t gold from 34m.

This results also built on previous results.

“To say we are pleased with the results of the initial scout drilling on five copper-gold prospects is an understatement,” Cooper Metals managing director Ian Warland said in the company’s ASX announcement.

“The Brumby Ridge drill intercept is the single strongest mineralised intercept drilled by Cooper Metals in the last two years.

“Raven continues to expand with another great intercept into a home-grown conceptual target.

“These two prospects are now the company’s main focus and are being followed up as we speak, as Cooper continues to test its pipeline of quality copper-gold prospects in the region.

“This cluster of prospects, including Mafic Sweats South, are only around 30 kilometres to the southeast of Mt Isa, close to infrastructure and worthy of further priority investigation and exploration by Cooper.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

THE DRILL SERGEANT: Cooper Metals (ASX: CPM) reported the latest assay results for the Mafic Sweats South and Raven copper-gold prospects at the company’s Mt Isa East copper-gold project.

Cooper Metals drilled the first of three holes into Raven, testing a coincident VTEM and geochemical anomaly, which 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 intersections occurred within a wider intercept of 44m at 0.48 per cent copper and 0.055g/t gold.

The two other drill holes at Raven also intersected visual sulphides, for which assays are pending and expected later this month.

The drilling program encountered large low grade copper mineralisation at the Mafic Sweats South prospect that is open in all directions.

23MERC014
65m at 0.34 per cent copper from surface and ended in mineralisation.

Cooper Metals indicated RC drilling will be fast tracked at Raven in November.

“Intersecting significant copper-gold mineralisation near surface at Raven is exciting for the company and proof that our new targets generated with the use of geophysics and rapid geochemistry applied in this area is generating new discoveries,” Cooper Metals managing director Ian Warland said in the company’s ASX announcement.

“It’s early days for Raven and Mafic Sweats South, however drill planning is already underway to complete follow-up drilling at Raven later this month before the end of the field season.

“We believe a combination of coincident VTEM, the significant copper geochemical footprint and the recent drill results at Raven, make this a compelling target, which warrants fast tracked exploration drilling.

“Mafic Sweats South drilling returned a large copper oxide intersection open in all directions and has untested sulphide potential at depth.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE