Cooper Metals (ASX:CPM) reports ‘outstanding’ assay results from samples taken in a recent reverse circulation (RC) drilling program have extended the King Solomon prospect at the Mt Isa East Copper-Gold Project in Queensland.
The company says 19 RC holes were completed for 2,816m across the King Solomon 1, 2, and 3 prospects as well as the Python and Camp gossan, with 15 holes for 2,314m completed at King Solomon.
Cooper reports the November drill program is the third completed at King Solomon in 2022, and included 11 drillholes for 1,824m of RC drilling at the King Solomon 1 prospect.
Results gathered from drilling here include 22MERC048A with 14m @ 1.1% Cu and 0.04g/t Au from 44m, including 1m @ 4.6% Cu and 0.23g/t Au.
Commenting on the assay results, Cooper Metals Managing Director Ian Warland says: “At King Solomon 1, recent drilling has extended the Cu-Au mineralisation to around 170m below historical workings in hole 22MERC048A.
“Importantly, the induced polarisation (IP) survey completed late last year indicates the mineralisation is likely to extend deeper”
Importantly, the induced polarisation (IP) survey completed late last year indicates the mineralisation is likely to extend deeper, especially at the southern end of the prospect where the response is strongest.
Another important development is the significant shallow mineralisation intersected at the northern end of King Solomon 2 which is open at depth and along strike to the south. King Solomon continues to grow in size and potential for more growth is very promising.
Cooper reports these latest assays build on the results released in December and have helped to define the edges of 3 ‘higher’ grade plunging shoots. It states further drilling is required to ascertain the depth potential of copper-gold mineralisation.
Furthermore, a recently completed IP survey announced in December indicates that the southern chargeability response extends at depth, plunging to the south-southeast which the company says may indicate ‘strong’ potential for Cu-Au mineralisation in the King Solomon area down to at least 250m below surface.
Cooper Metals is an Australian-based mineral exploration company focused on the discovery of copper and gold. The company’s project portfolio includes the Mt Isa East Project in Queensland, as well as the Yamarna Gold and Gooroo Gold projects in Western Australia.
Images: Cooper Metals Ltd
