Cyprium Metals Limited (ASX: CYM) has hit its highest-grade intersection to date in a metallurgical diamond drilling programme at Hollandaire and Hollandaire West at the Cue Copper Project in Western Australia.
The company has received the results returned from three holes drilled to date Hollandaire and Hollandaire West with solid results in all holes.
The first hole in the programme was drilled into the Hollandaire West mineralisation and returned disseminated copper sulphide mineralisation, mainly containing chalcocite.
The second and third holes in the programme targeted representative sections of the Hollandaire mineralisation and returned massive sulphide mineralisation, containing massive pyrite and copper sulphide mineralisation, as predominantly chalcocite with minor chalcopyrite and bornite. Executive Director Barry Cahill said the intersection returned is the highest-grade intersection encountered in the mineralised zone to date.
Metallurgical test work on these intersections have commenced with results expected over the coming months.
“We are extremely pleased with the stunning high- grade drill results from our metallurgical drill programme at Hollandaire,” Mr Cahill said.
“The intercepts are all less than 100 metres vertical depth which are a reminder of the quality of the mineralised envelope at this project. We now await further assay results at Hollandaire West along with results from metallurgical test-work.
“Our geological team continues to increase its understanding of the controls of this high-grade copper mineralisation at the Cue Copper Project. The team are currently finalising the Phase 2 drilling at Hollandaire, as well as completing regional soil sampling to refine our regional drill targets.”
The metallurgical diamond drilling programme involved drilling three holes into the historical mineralised envelope of Hollandaire and Hollandaire West to provide representative samples for test work to be undertaken.
The company has recently gathered further samples from RC drilling chips to be sent for assay, that are located adjacent to the mineralised intercepts. Results are expected by November 2019.