For the period ending 31 December 2021

Cyprium Metals Limited (ASX: CYM) (“Cyprium” or the “Company”) is pleased to provide the following overview of the Company’s activities for the December 2021 quarter.


Highlights

Nifty drilling – Nifty copper mineralisation ~100m thick

  • Mineral Resource infill and extensional drilling programmes continues to provide ore intercepts to expand the resource, including:
    • 87m @ 0.92% Cu from 193m downhole in 21NRWP043
    • 94m @ 0.58% Cu from 168m downhole in 21NRWP021
    • 86m @ 0.57% Cu from 170m downhole in 21NRWP018
    • 92m @ 0.55% Cu from 171m downhole in 21NRWP016
    • 115m @ 0.51% Cu from 156m downhole in 21NRWP044
    • 97m @ 0.47% Cu from 145m downhole in 20NRWP020

Nifty Copper Project

  • Nifty Heap Leach Restart development activities during the Quarter included:
    • Updated Nifty Mineral Resource estimate of 45.9Mt @ 1.6% Cu for 732,200t total contained copper metal
    • Drilling programmes continues to provide ore intercepts to expand the resource
    • First Government Approval document lodged
    • SX/EW and related infrastructure refurbishment has commenced
    • Front End Engineering and Design continuing with scheduling of long lead items
    • Metallurgical column test work continues to optimise processing parameters

Maroochydore drilling – Maroochydore copper oxide mineralisation ~100m thick

  • Maroochydore Mineral Resource infill and extensional drilling programme completed
  • Oxide mineralisation currently extends over a strike length of 3,000m, has a width up to 800m and thicknesses up to 100m from less than 50m of surface

Murchison drilling – Murchison copper mineralisation ~200m thick

  • Assays received from final two diamond drill holes at Nanadie Well
  • Extensive copper-gold sulphide mineralisation intersected extending over 168m and 274m downhole from ~30m respectively below the outlined shallow Cu-Au oxide mineralisation
  • Previous diamond drill assay results included:
    • 144m @ 0.71% Cu & 0.21g/t Au from 25m downhole in NWD2004
    • 180m @ 0.64% Cu & 0.17g/t Au from 10m downhole in NWD2003
    • 232m @ 0.38% Cu & 0.07g/t Au from 109m downhole in NWD2001

Click here for the full ASX Release

This article includes content from Cyprium Metals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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