Cooper Metals Limited (ASX: CPM) has completed a successful maiden RC drilling programme at the King Solomon prospect and the commencement of Versatile Time Domain Electromagnetic Survey (VTEM) at the Mt Isa East Copper Gold Project in north-western Queensland, Australia.
Highlights
- RC drilling has intersected sulphides at the King Solomon copper-gold prospect with the portable XRF confirming the presence of copper in the sulphides
- Cooper drilled 21 RC drill holes for 1,665m at King Solomon over the last two weeks with visible sulphides including pyrite and chalcopyrite confirmed in most of the drill holes. Four hundred and fifty (450m), one metre RC samples have been submitted from sixteen drill holes to the laboratory for analysis
- Drilling at King Solomon tested under historical workings and the fixed loop electromagnetic (FLEM) response along the 1.2km mineralised trend. The drilling has confirmed the presence of a zone of steeply dipping sulphides varying in concentration from trace, to disseminated and up to semi-massive, generally coincident with the line of historical workings
- Drilling at Python prospect will commence once regulatory approvals are received along with follow-up drilling at King Solomon
- A large airborne versatile domain electromagnetic (VTEM) survey is now underway, covering around 240sqkm and 1,460 line kilometres. The survey is designed to identify any bedrock conductors that may be a result of sulphide mineralisation
“The maiden RC drilling programme at King Solomon is complete and we are very encouraged with the confirmation of sulphides at the prospect,” Managing Director, Ian Warland, said.
“Several of the holes intersected variable widths of visible pyrite and chalcopyrite along the King Solomon trend. The sulphide content encountered in the drilling varies from low grade disseminated to semi-massive with the highest visual sulphides at King Solomon 1 in drill hole 22MERC0016.
“The samples are already submitted to the laboratory and we will update the market as soon as results come to hand. We plan to be out drilling again at King Solomon after a data review and as soon as regulatory drilling approvals are received for the Python prospect.”
For further information please visit: https://www.coopermetals.com.au/
