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- Cosmo Metals (CMO) strikes wide sulphide intersections at its flagship Mt Venn project in Western Australia
- The company undertook a seven-hole, 1550-metre reverse circulation drilling program at the project, targeting extensions to the copper mineralisation first uncovered in 2021
- The new program intersected wide zones of sulphide mineralisation in each hole, including a continuous zone of over 16 metres of massive and semi-massive sulphides
- Cosmo says it will now mobilise a ground geophysical crew to Yamarna in mid-September for a two-week moving loop electromagnetic (MLEM) survey
- Cosmo Metals last traded at 14 cents on September 2
Cosmo Metals (CMO) has struck wide sulphide intersections at its flagship Mt Venn project in the Yamarna district of Western Australia.
The company undertook a seven-hole reverse circulation (RC) drilling program for 1550 metres at the project with the aim of supporting its copper resource studies and targeting extensions to shallow, thick copper mineralisation first uncovered in 2021.
The new program intersected wide zones of sulphide mineralisation in each hole and a compilation of visual intercepts, displaying mineralisation dominated by pyrrhotite.
Of the seven holes, one intersected a continuous zone of over 16 metres of massive and semi-massive sulphides.
Cosmo’s Managing Director, James Merrillees, said this latest round of drilling at Mt Venn was a great result for Cosmo’s technical team.
“To have intersected sulphides in all seven holes drilled is an outstanding result and continues to underpin our geological model at Mt Venn,” James Merrillees said.
“While we’re busy conducting further geophysical surveys over the Yamarna projects for future dill targeting, we’re got an active RC drilling schedule ahead with another 2000 metres program at Mt Venn, Eastern Mafic and Winchester due to commence in October.“
Cosmo will now mobilise a ground geophysical crew to Yamarna in mid-September for a two-week moving loop electromagnetic (MLEM) survey. This will follow up on new targets generated from the company’s review of historical exploration at Mt Venn and Eastern Mafic.
Cosmo Metals last traded at 14 cents on September 2.
