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Cyprium Metals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Hollandaire, Eelya South | |
| Location: | Australia | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 3/25/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-3-2020: Cyprium Metals Ltd. announces an Exploration/Drilling Update report for its Hollandaire, Eelya South deposit at the Cue project. Drilling results incl. 3m @ 3.78% Cu, 6.68ppm Au, 81ppm Ag from 59m. Cyprium Metals Limited (“CYM” or “the Company” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter van Luyt (Internal) | |
| ABSTRACT: | Cyprium Metals Limited (“CYM” or “the Company”) is pleased to advise of the results of further Reverse Circulation (“RC”) drilling that was completed to the end of February 2020 at the Eelya South prospect (refer to Table 1), which returned an intersection 3.0m @ 3.78% Cu in drill hole 20ESRC014, that also included 6.68 g/t Au and 81.0 g/t Ag from 59m (refer to Figures 1 and 2). This high-grade copper/gold southern Eelya South intersection in drill hole 20ESRC014 was drilled to test a structure, previously identified at Eelya South in the 1990’s which returned an intersection of 2.0m @ 10.12% Cu, 3.19 g/t Au and 92.0 g/t Ag from 40m in drillhole ERC19 (refer to Figure 2). These high-grade copper/gold drilling intersections are located less than 1 kilometre to the south of the surface sampling programme that was previously announced on 4 November 2019. The follow up RC drilling as outlined in Figure 2 at the prospective Eelya South tenement area is underway and will be completed by the end of March 2020. Executive Director Barry Cahill commented “We are very pleased with the drilling programme at Eelya South, in particular with the 3 metres at 3.78% copper intersection result whilst testing drilling targets in an area that previously been subject to very limited drilling activities. | |
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