Cooper Metals

Exciting Developments at Cooper Metals (ASX:CPM) Mt Isa East Cu-Au Project Highlights: ✅ New Prospect: The Grasswren Cu-Au Prospect, located on a significant fault splay off the regional Fountain Range Fault, shows a coincident copper soil anomaly and Versatile Time Domain Electromagnetic (VTEM) conductor, extending 400m long and 100m wide. ✅ Promising Results: Rock chip sampling at the Solo Cu-Au Prospect returned grades up to 3.56% Cu and 0.03g/t Au, confirming the strong prospectivity of the area. ✅ Upcoming Surveys: A detailed gravity survey funded by the Queensland Government will soon commence, covering over 150 square kilometers to further aid exploration targeting. “The new Grasswren Cu-Au prospect with its coincident VTEM conductor and strong copper in soil anomaly is looking very promising. Cooper’s strategy is continuing to build a pipeline of Cu-Au targets for future drill testing at Mt Isa East, while assessing and acquiring new exploration opportunities to build shareholder wealth.” Ian Warland, Managing Director, Cooper Metals. #Copper #Gold #MiningNews #MineralResources #AustraliaMining Tim Armstrong

Cooper Metals June Quarter 2024 Highlights:  MT ISA EAST CU-AU PROJECT, QLD  • Recent rock chip sampling at Attina Cu-Au Prospect returned Cooper’s highest gold grade to date with sample MER386 reporting 52.8g/t Au with 12.35% Cu. • Assay results were received for diamond and RC drill holes completed at Brumby Ridge Cu-Au Prospect in the previous quarter. RC drill hole 24MERC003 intersected 58m @ 0.53% Cu and 0.02 g/t Au from 89m, including 3m @ 4.14% Cu and 0.08 g/t Au from 90m. • RC drilling completed including 12 holes for approximately 1,785m on four regional Cu-Au prospects at the Mt Isa East Project including Raven, Mafic Sweats North, Mafic Sweats South and Yarraman. • New drilling significantly extended Cu-Au mineralisation at Mafic Sweats South to approximately 285m along strike and up to 200m deep. • A combined downhole length of approximately 79m of low-grade Cu-Au mineralisation was intersected in drillhole 24MERC017 over several zones at Yarraman Prospect, with grades up to 1m @ 1.0% Cu and 0.37 g/t Au.   • Cooper was successfully awarded a CEI grant from the Qld government of $116,523 for an extensive gravity survey to aid exploration targeting in the Mt Isa tenure. GOOROO PROJECT, WA  • Assay results from Cooper’s May 2024 soil and rock chip sampling program at Gooroo Project in WA enhanced gold anomalies, with assay results up to 48.3g/t Au from a rock chip sample at the new Foxglove anomaly. CORPORATE  • At the end of the Quarter the Company had $2.9 million cash reserves. “June Quarter has delivered some great targets at Mt Isa East, especially at Attina where the copper-gold geochemistry is looking very promising. Cooper has an extensive portfolio that we are systematically working through to select the best targets going forward for drill testing. Progress continues at Gooroo as well, with staggering gold grades returned from recent rock chipping. We continue to keep the momentum going in the September Quarter with exploration focussed in Mt Isa.”  Managing Director Ian Warland #Copper #Gold #MtIsa #Gooroo #CooperMetals

Copper the most bullish base metal for H2, market players say Featured in ZAWYA originally by Reuters News Agency by Siyi Liu and Mai Nguyen "Copper is the base metal with the most bullish potential in the second half of the year, due to continued tight raw material supply, improving Chinese demand and funds interest, industry participants and analysts said this week". "At a seminar hosted by the LME on Thursday, 51% of the audience picked copper as the metal with the most upside potential for the second half, followed by aluminium and nickel at 16% each". "Supporting the bullish copper story is continued tightness in the raw materials market and expectations that copper smelters will cut output". "Wang Yanchen, an analyst at SMM, said the copper concentrate and ore market could run a deficit of about half a million tons in 2025, widening from an expected 200,000 ton-deficit this year". https://lnkd.in/dXwnQev3

Via Grafa Cooper Metals unveils assay results from its May 2024 soil and rock chip sampling program at the Gooroo Project in Western Australia, highlighting gold anomalies. Ian Warland Tim Armstrong #CPM #Copper #Gold

Via Finance News Network Cooper Metals featuring on the Finance News Network in the Stocks of the Hour Ian Warland Tim Armstrong #CPM #Copper #Gold

Via StockHound Cooper Metals Unearths High-Grade Gold at Gooroo Project From the Managing Director, Ian Warland “Our latest geochemical sampling results at Gooroo are really starting to build some excitement especially around the Foxglove anomaly where an iron rich mafic rock assayed 48.3 g/t Au (GOR037). Foxglove (Anomaly 1) also has a very high peak soil gold value of 118ppb, coincident with a sample high grade rock chip of 48.3g/t Au." Tim Armstrong #CPM #Copper #Gold

Via Proactive Managing Director Ian Warland sits down with Jonathan Jackson to discuss results from additional geochemical sampling at the Gooroo Project in Western Australia. Tim Armstrong #CPM #Copper #Gold

Latest rock chips up to 48.3g/t Au at Gooroo Project in WA Highlights:  • Assay results from Cooper’s May 2024 soil and rock chip sampling program at Gooroo Project in WA enhances gold anomalies, with assay results up to 48.3g/t Au from a rock chip sample at the new Foxglove anomaly.   • Six gold soil anomalies occur in potentially favourable structural trap sites such as the nose of the Gullewa syncline and significant regional faults traversing the greenstone belt, known to be important for the formation of gold deposits elsewhere in the belt.   • Soil sampling returned higher gold values when compared to previous soil sampling programs, with a maximum of 118ppb Au returned from Foxglove.   • Infill soil sampling also resulted in higher Au values at the Smokebush (maximum 16.2ppb Au) and Darwinia anomalies (maximum 42.8ppb Au) enhancing their prospectivity.   • Further infill sampling is planned to better define the anomalies and controls on mineralisation ahead of drill testing, once all regulatory approvals have been received. “Our latest geochemical sampling results at Gooroo are really starting to build some excitement especially around the Foxglove anomaly where an iron rich mafic rock assayed 48.3 g/t Au (GOR037). Foxglove (Anomaly 1) also has a very high peak soil gold value of 118ppb, coincident with a sample high grade rock chip of 48.3g/t Au. This area is proximal to interpreted faults that may have been important plumbing mechanisms in the region for gold mineralisation. After focussing on acquiring further key geochemical and geological datasets, Cooper is now working hard to obtain the necessary regulatory approvals for drill testing in the future. We look forward to updating the market with our progress in the near future.” Managing Director Ian Warland #CooperMetals #CPM #Gold

Via Grafa Cooper Metals (ASX:CPM) hits record gold assay at Attina prospect Ian Warland Tim Armstrong #CPM #Copper #Energy

Via MarketOpen Australia Cooper cracks gold rock record on Mt Isa copper quest “Attina looks especially interesting, due to the high gold grades and the interpretation of a complex trap site formed potentially in a zone of low pressure, which resulted in increased shearing around the contact between a rigid granite body within the Corella Formation” Managing Director Ian Warland Tim Armstrong #CPM #Copper #Gold