- Cooper Metals (CPM) begins a follow up geochemistry program at the Gooroo copper gold project in Western Australia
- The company has been encouraged by results from the nearby Brandy Hill South project, which recently identified “significant” copper mineralisation
- The program is aiming to infill three main areas of a previously identified broad gold anomalism as well as to test areas to the southeast of it which remains open
- After completing the soil sampling, the company aims to conduct drill testing to find the source of the anomalism
- Shares are trading 17.1 per cent higher today at 48 cents each
Cooper Metals (CPM) has begun a follow up geochemistry program at the Gooroo copper gold project in Western Australia.
The company has been encouraged by results from the nearby Brandy Hill South project, which recently identified “significant” copper mineralisation.
The program is aiming to infill three main areas of a previously identified broad gold anomalism as well as to test areas to the southeast of it which remains open.
After completing the soil sampling, the company aims to conduct drill testing to find the source of the anomalism.
Managing Director Ian Warland said the company continues to see positive indicators of success at the project.
“The initial regional soil sampling program at Gooroo defined new coherent gold anomalism over under-explored greenstones, confirming the high prospectivity of the Gooroo Project,” he said.
“Significantly, recent exploration success in the Gullewa Greenstone Belt by Recharge Metals (REC) is highly encouraging, further demonstrating the fertility of the Belt.”
“Cooper’s infill geochemistry program will help define target areas for future drill testing and the company will continue to update the market as results come to hand.”
Shares were trading 17.1 per cent higher today at 48 cents each at market close.