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Cyprium Metals (ASX:CYM) updates market on Nanadie progress
  • Cyprium Metals (CYM) has updated the market regarding ongoing drilling at the Nanadie Well Copper-Gold Project in Western Australia
  • Drilling will aid in defining the mineral resource to a JORC 2012 standard, as well as test the depth extensions of the mineralisation
  • The initial five holes have consistently intersected dispersed sulphide mineralisation from shallow depths ranging between 45 metres to 290 metres
  • Cyprium will continue to update the market as drilling progresses and results are received
  • Shares in Cyprium are down 9.26 per cent and are currently trading at 24.5 cents

Cyprium Metals (CYM) has updated the market regarding ongoing drilling at the Nanadie Well Copper-Gold Project in Western Australia.

The Nanadie Well Copper-Gold Project lies 650 kilometres north of Perth and 75 kilometres east-northeast of its Cue Copper-Gold Project.

Drilling will aid in defining the mineral resource to a JORC 2012 standard and test the depth extensions of the mineralisation which remains open at depth and along strike.

The initial five holes have been consistently intersecting dispersed sulphide mineralisation from shallow depths ranging between 45 metres to 290 metres.

"We are pleased to provide another update of our phase one diamond drilling program at the Nanadie Well Copper-Gold Project. The latest drill hole of the drilling program has continued to consistently intersect thick zones of sulphide mineralisation along strike and at shallow depths," Executive Director Barry Cahill said.

"We have been impressed from what we have seen in the diamond drill holes completed to date and we look forward to providing detail of the assay results as they become available," he added.

Shares in Cyprium are down 9.26 per cent and are trading at 24.5 cents at 1:29 pm AEDT.


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