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Cyprium Metals Ltd.

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Summary

Project:

Cue

Deposit:Hollandaire
Location:Australia
Commodities:Copper-Gold-Silver
Date:3/16/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-3-2020: Cyprium Metals Ltd. announces an Exploration/Drilling Update report for its Hollandaire deposit at the Cue project. Drilling results incl. 20m @ 0.30% Cu, 0.08ppm Au, 2.0ppm Ag from 110m. Cyprium Metals Limited (“CYM” or “the Company”) advises
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Peter van Luyt (Internal)
ABSTRACT:Cyprium Metals Limited (“CYM” or “the Company”) advises that a Reverse Circulation (“RC”) drilling programme at the Hollandaire prospect was completed during February 2020, as detailed in Figure 2, Table 1 and Appendix 1. The drilling has identified further mineralisation at depth and on the western margins of both the east and west structures, including the following intersections These results were returned outside of the currently identified mineralisation and demonstrate the potential for further mineralisation at Hollandaire. Follow up drilling is planned for March 2020 as detailed in Figure 3. Pursuant to an agreement between a wholly owned subsidiary of CYM and Musgrave Minerals Limited (ASX: MGV), an option has been granted by Musgrave Minerals Limited to earn-in and joint venture for an 80% interest in the non-gold rights over the tenements at the Cue Copper Project (CYM ASX Release 25 March 2019). This ASX announcement was approved and authorised by the Board.

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