Cooper (ASX:CPM) take high level look at Barbara

Cooper (ASX:CPM) take high level look at Barbara

May 8, 2023 0 By Rueben Hale

Cooper Metals is taking a high-level exploration approach at its promising Barbara deposit with a week-long helicopter VTEM survey over its Mt Isa East Cu-Au Project in northwest Queensland.

The 725 line-kilometre survey area, co-funded by the Queensland government, will provide a detailed analysis of the Barbara deposit, which is thought to have a VTEM signature demonstrating the method’s usefulness in identifying sulphide-rich copper mineralisation.

Cooper Managing Director Ian Warland sees the survey as providing critical data which will rapidly advance exploration over the new tenement holding three priority areas for copper-gold exploration.

He added that the survey would include two historical VTEM anomalies that may indicate bedrock conductors with copper-gold potential.

CPM.AX
COOPERMET FPO [CPM]
ASX
down arrow$0.065
$0.002
2.99%

“Cooper is excited to commence the VTEM survey over EPM28087, located just to the east of the Barbara deposit, which is thought to have a VTEM signature, demonstrating the usefulness of this method in identifying sulphide-rich copper mineralisation.

“The survey is very detailed at 300m line spacing and will take around one week to complete, with data processing and interpretation a further five weeks.

“I look forward to updating the market with our exploration progress over the coming weeks.”

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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