• Viewed 10,240 times by 3014 users (Last 30 days)
  • print Created with Sketch. Print
CYM 0.00% 27.0¢

CYPRIUM METALS LIMITED - Corporate Spotlight

Cyprium Metals Limited is poised to grow to a mid-tier mining business and manage a... Cyprium Metals Limited is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital natural resources, strong shareholder returns and sustainable value for our stakeholders. We pursue this aim, in genuine partnerships with employees, customers, shareholders, local communities and other stakeholders, which is based on integrity, co-operation, transparency and mutual value creation.More

Corporate Spotlight

Cyprium Metals Limited is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital natural resources, strong shareholder returns and sustainable value for our stakeholders.
View the full Corporate Spotlight arrow Created with Sketch.

Barry Cahil discuss funding and SPP - October

VIDEO & MEDIA

arrow-down-2 Created with Sketch.


BARRY CAHIL DISCUSSES CYM $5.0M PLACEMENT OVERSUBSCRIBED AND LAUNCH OF SPP - The Market Herald Dealroom, October 2020


CYM analyses potential of Nanadie Well

arrow-down-2 Created with Sketch.

Cyprium Metals (ASX:CYM) analyses potential of Nanadie Well

Mining

ASX:CYM    MCAP $10.83M 
Cyprium Metals (ASX:CYM) analyses potential of Nanadie Well


  • 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.


Read the full article on The Market Herald: https://themarketherald.com.au/cyprium-metals-asxcym-analyses-potential-of-nanadie-well-2020-10-01/

CYM acquires 100pc of Nanadie Project

arrow-down-2 Created with Sketch.

Cyprium Metals (ASX:CYM) acquires 100pc of Nanadie Project

Materials

ASX:CYM    MCAP $10.09M 
CYM enters trading halt after drilling at Cue Copper Project


  • Cyprium Metals (CYM) has officially acquired 100 per cent of the Nanadie Well Copper Project from Horizon Minerals (HRZ)
  • Nanadie is located around 75 kilometres east of the Hollaindaire deposits, which forms part of the Cue Copper Project
  • The Cue Project, located in WA, is Cyprium's joint venture project with Musgrave Minerals (MGV)
  • Nanadie contains one mining lease, while the company has applied for two exploration tenements to the east and west
  • It also contains the Stark tenement and other high priority drill-ready targets
  • Shares in Cyprium are up 5.56 per cent at 19 cents each

Exploration company Cyprium Metals (CYM) has officially acquired 100 per cent of the Nanadie Well Copper Project from Horizon Minerals (HRZ).


Horizon first agreed to sell the WA project to Cyprium for $1.5 million in cash and shares back in July this year.


Nanadie

Nanadie is located around 75 kilometres east of the company's Hollaindaire deposits, which are a part of the wider jointly owned Cue Copper Project.


Cyprium has an 80 per cent interest in a joint venture for the non-gold rights with Musgrave Minerals (MGV) at the Cue Project, which is located in the Murchinson region of WA.


In the meantime, as part of the company's deal with Horizon, it acquired tenements E51/1040 and M51/887 — the Nanadie Well deposit.


Cyprium said the deposit has a high grade, shallow supergene copper-gold zone and already has a mining licence granted for the area.

Additionally, the Nanadie project also contains the Stark Cu-Ni-PGE prospect, along with a number of high-priority drill-ready targets.

"We are pleased to complete the 100 per cent acquisition of the Nanadie Well Project, which includes a substantial 2004 JORC compliant copper mineral resource that has multiple shallow and broad intersections which are open along strike and at depth," Cyprium Executive Director Barry Cahill said.


Scoping study

Looking ahead, the company has applied for exploration tenements E51/1986 and E51/1987, which are located to the west and east of Nanadie.


It's also started planning exploration work at the site, with all results from Nanadie to be included in the company's Cue Copper Project scoping study.


"The Nanadie Well deposit and Stark mineralisation are both very prospective, and we will initially focus on geological interpretation activities from which we will then plan our resource definition and extensional drilling programmes," Barry added.


Shares in CYP are up 5.56 per cent at 19 cents each at 11:21 am AEST.


Read the full article on The Market Herald here: https://themarketherald.com.au/cyprium-metals-asxcym-acquires-100pc-of-nanadie-project-2020-09-15/

Half Yearly Report and Accounts

arrow-down-2 Created with Sketch.


Half Yearly Report and Accounts




Download the full report below:










HOLLANDAIRE EXTENSIONAL DRILLING RESULTS

arrow-down-2 Created with Sketch.


HOLLANDAIRE EXTENSIONAL DRILLING RESULTS

ASX Release 6th May 2020





HIGHLIGHTS
Hollandaire Drilling results include:

  •   1.0m @ 1.08% Cu from 53m in drill hole 20HORC014

  •   4.0m @ 1.20% Cu from 144m in drill hole 20HORC021

  •   2.0m @ 1.49% Cu from 153m in drill hole 20HORC022

  •   2.0m @ 1.78% Cu from 180m in drill hole 20HORC022

  2.0m @ 1.49% Cu from 180m in drill hole 20HORC023


Eelya South Drilling results include:

  •  1.0m @ 1.10% Cu from 35m in drill hole 20ESRC028

Cyprium Metals Limited is pleased to advise of the results of the Reverse Circulation (“RC”) drilling that was completed during March 2020 at the Hollandaire (Table 1, Figure 1, Appendix 1) and Eelya South prospects (Table 2, Figure 2, Appendix 2).


The RC drilling programme at Hollandaire was conducted around the margins of the existing deposit to test extensions of the mineralisation. The results show continuation of the mineralisation and the intersections are being taken into consideration in the planning for testing of further depth extensions through geophysical and drilling programmes.


An RC drilling programme was conducted to the north of the copper rich intersections from drillholes ER19 and 20ESRC014 at the Eelya South prospect which were hosted in a sulphide rich zone (CYM ASX Release 25 March 2020). There was a continuation of the sulphide rich zone in this RC drilling programme however significant copper grades were not intersected. Field work at the Eelya South prospect has resumed following the RC drilling results to evaluate the potential for further copper rich sulphides in the prospect area.


Executive Director Barry Cahill commented “The extensions to the mineralised zone at the Hollandaire prospect are very pleasing to see and this is being taken into consideration in the ongoing Scoping Study, which includes a review of the most appropriate cut-off grade for the deposits.


Further geological investigation is required at the Eelya South prospect as the sulphide zone is persisting but without the same tenor of copper mineralisation as previously encountered.

The Scoping Study work is continuing in conjunction with our external consultants and we look forward to announcing the results in due course.”


page2image1648876912

Figure 1 / Hollandaire RC drill hole collar locations March 2020


page2image1648898496

Figure 2 / Eelya South RC drill hole collar locations March 2020


Read The Full Announcement Here

EELYA SOUTH DRILLING RESULTS

arrow-down-2 Created with Sketch.


EELYA SOUTH DRILLING RESULTS AND CONTINUING PROGRAMMES

ASX Announcement 25th March 2020


HIGHLIGHTS

Eelya South Drilling Highlights:

 3.0m @ 3.78% Cu, 6.68 g/t Au & 81.0 g/t Ag in drill hole 20ESRC014 with from 59m

 2.0m @ 10.12% Cu, 3.19 g/t Au & 92.0 g/t Ag in drill hole ERC19 with from 40m


Cyprium Metals Limited (“CYM” or “the Company”) is pleased to advise of the results of further Reverse Circulation (“RC”) drilling that was completed to the end of February 2020 at the Eelya South prospect (refer to Table 1), which returned an intersection 3.0m @ 3.78% Cu in drill hole 20ESRC014, that also included 6.68 g/t Au and 81.0 g/t Ag from 59m (refer to Figures 1 and 2).


This high-grade copper/gold southern Eelya South intersection in drill hole 20ESRC014 was drilled to test a structure, previously identified at Eelya South in the 1990’s which returned an intersection of 2.0m @ 10.12% Cu, 3.19 g/t Au and 92.0 g/t Ag from 40m in drillhole ERC19 (refer to Figure 2). These high-grade copper/gold drilling intersections are located less than 1 kilometre to the south of the surface sampling programme that was previously announced on 4 November 2019. The follow up RC drilling as outlined in Figure 2 at the prospective Eelya South tenement area is underway and will be completed by the end of March 2020.


Executive Director Barry Cahill commented “We are very pleased with the drilling programme at Eelya South, in particular with the 3 metres at 3.78% copper intersection result whilst testing drilling targets in an area that previously been subject to very limited drilling activities.


These shallow high-grade copper intersection results from the very prospective Eelya South prospect are within 6 kilometres of the Hollandaire copper deposits meaning the deposits are well within economic trucking distances of each other. We are continuing our drilling activities which are focused on expanding the mineralised copper footprint at the Cue Copper Project to bring us closer to the critical mass required to advance this project to a developmental stage. 


We look forward to updating the market with the results of the current drilling programmes once the results have been received.”


READ THE FULL ANNOUNCEMENT HERE




READ THE FULL ANNOUNCEMENT HERE


(20min delay)
Last
27.0¢
Change
0.000(0.00%)
Mkt cap ! $148.1M
Open High Low Value Volume
26.0¢ 27.0¢ 25.0¢ $927.0K 3.571M

Buyers (Bids)

No. Vol. Price($)
6 40390 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 239006 4
View Market Depth
Last trade - 16.10pm 18/06/2021 (20 minute delay) ?
(live)
Last
26.5¢
  Change
0.000 ( 1.92 %)
Open High Low Volume
26.0¢ 27.0¢ 24.5¢ 1270368
Last updated 15.58pm 18/06/2021 (live) ?
CYM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.