- Cooper Metals (CPM) begins reverse circulation (RC) drilling at the King Solomon prospect within the Mt Isa East copper-gold project in Queensland
- Roughly 2000 metres of drilling will be undertaken to test under historical workings and test the highest amplitude FLEM responses along the 1.2-kilometre mineralised trend
- Drilling will initially focus on the King Solomon 1 and 2 prospects and, subject to regulatory approval, the rig will move to the King Solomon 3 and Python prospects
- Cooper is expected to begin a versatile domain electromagnetic (VTEM) survey next week, marking the first detailed airborne EM survey over the area
- Shares in Cooper are up 19.4 per cent on the market and are trading at 37 cents
Cooper Metals (CPM) has begun reverse circulation (RC) drilling at the King Solomon prospect within the Mt Isa East copper-gold project in Queensland.
Roughly 2000 metres of RC drilling will be undertaken to test under historical workings and test the highest amplitude FLEM responses along the 1.2-kilometre mineralised trend.
Drilling will initially focus on the King Solomon 1 and 2 prospects and, subject to regulatory approval, the rig will move to the King Solomon 3 and Python prospects.
Cooper is expected to begin a versatile domain electromagnetic (VTEM) survey next week, marking the first detailed airborne EM survey over the area.
“It’s great to have started our maiden drilling program at the Mt Isa East copper-gold project. The targets at King Solomon and Python look very promising with extensive historical workings, broad geochemical signature and FLEM responses to drill test as part of this program,” Managing Director Ian Warland said.
“The VTEM survey screening of a large part of Cooper’s tenure will commence next week, we look forward to updating the market as results come to hand.”
Shares in Cooper were up 19.4 per cent on the market and were trading at 37 cents at 1:38 pm AEST.