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- Greenfield gold and copper explorer, Cooper Metals, is set to list on the ASX on November 19, under the ticker code CPM
- The company has three copper-gold sites in Queensland and Western Australia
- Cooper Metals has an 85 per cent interest in its flagship project is Mount Isa East, which covers about 1300km2 and lies about 30km south-east of Mount Isa
- Cooper Metals also has 100 per cent ownership of the Yamarna Project near Laverton and the Gooroo Gold Project in the Murchison Province, in Western Australia
- Cooper Metals raised $4.8M through 20c shares in the IPO process
Greenfield gold and copper explorer Cooper Metals is set to list on the ASX on November 19, under the ticker code CPM.
The company has three copper-gold projects across Queensland and Western Australia.
Cooper Metals has an 85 per cent interest in its flagship site, called Mount Isa East, which covers about 1300 square kilometres and lies about 30km south-east of Mount Isa. The company has identified historic workings there and will be targeting iron oxide copper and gold and shear-hosted copper-gold mineralisation.
Cooper Metals also has 100 per cent ownership of the Yamarna Project near Laverton, and, the Gooroo Gold Project near Yalgoo, in Western Australia.
The company claims the Yamarna project is along strike from Gold Roads (GOR) 6.16Moz Gruyere gold deposit. The Gooroo project is 26km north of Silver Lakes (SLR) Deflector copper/gold deposit.
Cooper Metals raised $4.8 million through the IPO process, which Managing Director Ian Warland said sets the company up for a two-year exploration program.
“We’ve got three great projects that we’ve put together over the last 12 months,” Mr Warland said.
“We think this is a really exciting time to get copper-gold projects out into the market because demand for copper – especially, continues to increase.
“We’ve got a very experienced team in place with the Board and myself, and I mainly leverage contractors on a campaign basis, on an as-needs basis from my network, so we’re confident we’ve got the people on board to do the work.”
