Cooper (ASX:CPM) awarded for Queensland copper

Cooper Metals has received backing from the Queensland Government for hundreds of kilometres long specialised electromagnetic survey to map the electrical structure of the shallow subsurface of  Mt Isa East copper-gold acquisition in Queensland’s Outback.

Cooper has received $137,500 through Queensland’s highly competitive Collaborative Exploration Initiative program to complete the 725-kilometre Versatile Time-Domain Electromagnetic survey of its entire tenement.

Cooper Managing Director Ian Warland said the comprehensive survey in a world-class copper district is ideal for spotting sulphide-rich copper mineralisation in the area.

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“A review of the Queensland Government’s 2016, 2km spaced regional VTEM data identified two VTEM anomalies in prospective Corella Formation rocks, which is one of the compelling reasons to fly a detailed survey of the area,” Cooper Managing Director Ian Warland said.

“Another compelling reason is the nearby Barbara deposit is thought to have a VTEM signature, demonstrating the usefulness of this method in identifying sulphide rich copper mineralisation.”

The 4.7mt @ 1.6% Cu and 0.15g/t Au Barbara Deposit sits just 1.8 kilometres from Cooper’s new tenement, which lies within a highly prospective copper-gold Mary Kathleen Domain where the company has already highlighted three priority areas for copper-gold exploration and will now launch a detailed 300m line-spaced survey in early May to advance exploration rapidly.

The more excellent Mt Isa East project covers a combined 1300 square kilometres of territory in a highly productive district where Cooper has just defined a prominent mineralised trend at the Ardmore tenement, with two open shear zones showing grades up to 26.2 per cent copper and multiple gold rates over 1g/t.

Cooper is now advancing exploration on several fronts, including further groundwork and geophysics to rank its targets for drilling.

Project location plan

COOPERMET FPO [CPM]

Sector: Basic Materials

Industry: Other Industrial Metals & Mining

Employees:

Cooper Metals Limited focuses on discovery and exploration of copper and gold deposits in Queensland and Western Australia, Australia. The company's flagship project includes the Mt Isa East project that covers an area of approximately 1,600 square kilometers located in the Mount Isa district of north-west Queensland. Cooper Metals Limited was incorporated in 2021 and is based in Perth, Australia.

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