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- Cyprium Metals has submitted its initial Program to the WA Department of Mines for its Cue Copper Project – approval expected in early July 2019
- Drilling will be conducted at the Hollandaire and Hollandaire West VMS deposits to extend the current resource
- Metallurgical drilling will also be conducted – both programs are expected to commence this month
Cyprium Metals has approved the metallurgical drilling at the Cue Copper Project.
This is the first of a series of programs designed to extend the resource at the Hollandaire and Hollandaire West deposits within the Cue project.
The Cue Copper Project is located in the Murchison region of Western Australia which hosts many Volcanic Massive Sulphide (VMS) deposits. The Hollandaire VMS copper deposit hosts a JORC (2004) compliant total Mineral Resource base of 2.0Mt @ 1.9% Cu for 38,800t of contained copper, 2.7Mt @ 5.8g/t Ag for approximately 495,000oz contained silver, and 0.52Mt @ 1.35g/t Au for 22,500oz contained gold.
The company considers there’s potential to extend this resource and to identify further mineralisation.
Cyprium Metals has submitted a Program of Work (PoW) to the WA Department of Mines, Industry Regulation and Safety for the drilling of high priority targets. Drilling will be conducted at the Hollandaire deposits to determine the extent of the open mineralisation.
The Phase 1 resource extension program is expected to cover 4000 metres of reverse circulation (RC) drilling. Once Phase 1 is completed, drilling programs will continue for a further 8000 metres of RC drilling. Next phases will be targeted at deeper extensions of the current resource.
When the drill programs are complete, the company will evaluate the results and release a JORC Code 2012 Compliant Resource.
Approval for the PoW is expected shortly. The company will commence the Phase 1 resource extension drilling this month along with metallurgical drilling.
