- Cyprium Metals (CYM) is analysing the potential at its Nanadie Well – a Copper-Gold Project in WA
- Near-surface supergene mineralisation has been identified at the project and remains open along strike to the north and south
- Further, this mineralisation spans a length of 750 metres
- Cyprium is now planning to further define the Nanadie Well mineralisation for inclusion into the Murchison Copper-Gold scoping study
- Drill programs are also being planned to determine the best extraction method for copper, gold, and silver minerals
- Cyprium is up 8.57 per cent on the market and shares are trading for 19 cents each
Cyprium Metals (CYM) is analysing the potential at its Nanadie Well – a Copper-Gold Project in WA.
Nanadie lies 650 kilometres northeast of Perth and around 75 kilometres east-northeast of Cyprium’s existing Cue Copper-Gold Project.
Near-surface supergene mineralisation has been identified at the project and remains open along strike to the north and south.
This mineralisation is unable to be mapped due to the shallow depth cover between one metre at 25 metres.
However, preliminary investigations have shown there is potential supergene mineralisation over the full known 750 kilometre strike length.
This supergene mineralisation has intersections for copper, gold and silver.
Best intersections include six metres at 4.79 per cent copper, 0.36g/t gold, and 1.83g/t silver from one metre, and eight metres at 2.53 per cent copper, 0.69g/t gold, and 3.88g/t silver from 33 metres.
“We are pleased to announce the preliminary results of the geological interpretation that we have undertaken at the Nanadie Well Copper-Gold Project,” Executive Director Barry Cahill said.
“Cyprium will be investigating this shallow mineralisation further with drilling as part of its upcoming programs of geophysics and drilling into both the supergene and sulphide mineralisation,” he said.
Cyprium is now planning to further define the Nanadie Well mineralisation for inclusion into the Murchison Copper-Gold scoping study.
Drill programs are also being planned to determine the best extraction method for copper, gold, and silver minerals.
Cyprium is up 8.57 per cent on the market and shares are trading for 19 cents each at 12:58 pm AEST.