Cyprium Metals Limited (ASX: CYM) (“Cyprium” or the “Company”) is pleased to announce further assay results from 28 RC holes (for 7,504m) of the Nifty West drilling program. The drilling programme targeted a lightly drilled area, 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).


HIGHLIGHTS

  • Assay results have been received from a further 28 RC holes drilled at Nifty West, targeting lightly tested areas of copper mineralisation below the former Nifty open pit.
  • Confirms continuation of significant copper mineralisation in the keel zone to the west at 80- 100m thick, enhancing a potential large-scale open pit development.

Significant results include:

  • 87m @0.92%1 Cu downhole zone of copper mineralisation in 21NRWP043, including:
    • 63m at 1.10% Cu from 201m including:
      • 4m at 1.85% Cu from 207m & 3m at 1.54% Cu from 215m & 2m at 1.76% Cu from 223m & 3m at 1.44% Cu from 226m & 8m at 2.02% Cu from 233m & 6m at 1.68% Cu from 256m, and
    • 11m at 0.77% Cu from 269m including:
      • 1m at 1.10% Cu from 272m & 1m at 1.49% Cu from 274m
  • 86m @0.57% Cu downhole zone of copper mineralisation in hole 21NRWP018, including:
    • 8m at 0.49% Cu from 170m including:
      • 1m at 1.09% Cu from 176m, and
    • 9m at 0.81% Cu from 181m including:
      • 2m at 1.23% Cu from 182m & 2m at 1.05% Cu from 187m, and
    • 18m at 0.96% Cu from 196m including:
      • 1m at 2.03% Cu from 197m & 3m at 1.85% Cu from 202m & 1m at 1.36% Cu from 207m & 2m at 1.29% Cu from 209m, and
    • 10m at 0.76% Cu from 215m including:
      • 1m at 1.00% Cu from 217m & 1m at 1.41% Cu from 223m, and
    • 3m at 1.09% Cu from 226m including:
      • 1m at 1.62% Cu from 226m, and
    • 12m at 0.52% Cu from 244m including:
      • 1m at 2.21% Cu from 245m
  • 97m @0.47% Cu downhole zone of copper mineralisation in hole 21NRWP020, including:
    • 7m at 0.58% Cu from 153m including:
      • 1m at 1.02% Cu from 156m, and
    • 5m at 0.60% Cu from 169m including:
      • 1m at 1.12% Cu from 170m, and
    • 6m at 0.91% Cu from 179m including:
      • 3m at 1.30% Cu from 180m, and
    • 5m at 0.54% Cu from 187m including:
      • 1m at 1.02% Cu from 190m, and
      • 15m at 0.70% Cu from 201m including:
        • 2m at 1.49% Cu from 207m & 1m at 1.19% Cu from 215m, and
      • 4m at 0.75% Cu from 222m including:
        • 1m at 1.78% Cu from 223m, and
      • 7m at 1.90% Cu from 235m including:
        • 3m at 4.09% Cu from 236m
  • 94m @0.58% Cu downhole zone of copper mineralisation in hole 21NRWP021, including:
    • 7m at 0.65% Cu from 180m including:
      • 1m at 1.98% Cu from 185m, and
    • 18m at 0.98% Cu from 194m including:
      • 1m at 1.62% Cu from 195m & 4m at 1.23% Cu from 199m & 2m at 2.52% Cu from 207m, and
    • 9m at 1.07% Cu from 213m including:
      • 4m at 1.68% Cu from 215m, and
    • 2m at 1.12% Cu from 224m including, and
    • 5m at 1.69% Cu from 228m including:
      • 3m at 2.64% Cu from 228m
  • 100m @0.41% Cu downhole zone of copper mineralisation in hole 21NRWP042, including:
    • 14m at 1.13% Cu from 224m including:
      • 5m at 2.22% Cu from 228m, and
    • 9m at 0.57% Cu from 246m including:
      • 1m at 1.57% Cu from 251m, and
    • 10m at 0.69% Cu from 268m including:
      • 1m at 1.48% Cu from 270m & 2m at 1.41% Cu from 272m, and
      • 4m at 1.32% Cu from 286m
  • 115m @0.51% Cu downhole zone of copper mineralisation in hole 21NRWP044, including:
    • 5m at 0.53% Cu from 188m, and
    • 9m at 0.83% Cu from 196m including:
      • 3m at 1.64% Cu from 201m, and
    • 9m at 1.56% Cu from 208m including:
      • 3m at 2.25% Cu from 208m, and
    • 17m at 1.22% Cu from 225m including:
      • 5m at 2.80% Cu from 233m, and
    • 4m at 0.85% Cu from 244m including:
      • 2m at 1.35% Cu from 245m, and
    • 4m at 0.75% Cu from 260m including:
      • 1m at 1.34% Cu from 260m & 1m at 1.17% Cu from 262m
  • Assay results pending from a further 25 RC holes completed at Nifty West.

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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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