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Cyprium Metals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Hollandaire, Eelya South | |
| Location: | Australia | |
| Commodities: | Copper-Silver-Gold | |
| Date: | 5/5/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-5-2020: Cyprium Metals Ltd. announces an Exploration/Drilling Update report for its Hollandaire, Eelya South deposit at the Cue project. Drilling results incl. 5m @ 0.3% Cu, 0.77ppm Au, 36.1ppm Ag from 19m. 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 the Reverse Circulation (“RC”) drilling that was completed during March 2020 at the Hollandaire (Table 1, Figure 1, Appendix 1) and Eelya South prospects (Table 2, Figure 2, Appendix 2). The RC drilling programme at Hollandaire was conducted around the margins of the existing deposit to test extensions of the mineralisation. The results show continuation of the mineralisation and the intersections are being taken into consideration in the planning for testing of further depth extensions through geophysical and drilling programmes. An RC drilling programme was conducted to the north of the copper rich intersections from drillholes ER19 and 20ESRC014 at the Eelya South prospect which were hosted in a sulphide rich zone (CYM ASX Release 25 March 2020). There was a continuation of the sulphide rich zone in this RC drilling programme however significant copper grades were not intersected. Field work at the Eelya South prospect has resumed following the RC drilling results to evaluate the potential for further copper rich sulphides in the prospect area. | |
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