Announcement Date: 2022-03-14
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Cyprium Metals Ltd.
Project name: Nifty
Location: Australia
Commodities: Copper
Highlight: Drilling results incl. 31m @ 1.61% Cu from 234m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Cyprium Metals Limited (ASX: CYM) (“Cyprium” or the “Company”) is pleased to announce the receipt of assay results from the final 11 RC holes (for 3,356m) at Nifty West. The drilling programme targeted lightly drilled areas up-plunge of the former underground mine in the keel area of the Nifty syncline below the western end of the Nifty open pit (refer to Figure 1). Hole locations from the current program are shown in Figure 3 with the significant intersections summarised in Table 2. The results reported in this announcement are from single holes drilled on existing section lines 101,320E and 101,720E, with the other 9 holes completed on new section lines 101,360E and 101,440E (refer to Figure 2). Hole 21NRWP064 was drilled to the immediate south of the traverse of holes previously reported on 28 February 2022. 1 The hole successfully confirmed the continuity of the thick zone of copper mineralisation returning 20m at 0.70% Cu from 210m, 31m at 1.61% Cu from 234m, including 14m at 2.72% Cu from 235m, and 13m at 0.55% Cu from 268m, which remains open to the south (refer to Figure 4).
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