Cyprium Metals Limited Announces Final Gold Results from Recent Nanadie Well RC Drilling Campaign
May 24, 2021 at 06:50 pm EDT
Cyprium Metals Limited provided the final gold results from the 66 holes of the Reverse Circulation ("RC") drilling programme that was conducted in January 2021 at the Nanadie Well Copper-Gold Project. Near-surface oxide and supergene mineralisation has been identified at the Nanadie Well Copper-Gold Project, which is open along strike to the north and south and across strike to the west. The oxide/supergene mineralisation does not outcrop and is covered by 1 to 25 metres of transported material. Preliminary investigations of the Nanadie Well deposit data indicates potential for oxide/supergene mineralisation over the currently identified strike of 750 metres. The Company's 2,773 metre Nanadie Well Phase 1 RC drilling programme was completed in January 2021 and tested the oxide and supergene mineralisation at the deposit. The results from the Phase 1 and subsequent drill programmes will be used in the preparation of a JORC 2012 compliant mineral resource estimate for Nanadie Well during 2021 for inclusion in the Murchison Copper-Gold scoping study. Highlights: Extensive shallow and broad oxide copper-gold mineralization; Nanadie Well Phase 1 RC drilling final gold results from the RC drilling completed in January 2021 include: 44m @ 0.9% Cu & 0.2g/t Au from 4m in NWRC21031, including: 2m @ 8.9% Cu & 1.5g/t Au from 9m, 1m @ 4.4% Cu & 0.5g/t Au from 20m; 14m @ 2.4% Cu & 0.7g/t Au from 28m in NWRC21056, including: 8m @ 3.8% Cu & 1.1g/t Au from 28m, including: 2m @ 6.1% Cu & 1.1g/t Au from 30m; 16m @ 1.5% Cu & 0.4g/t Au from 16m in NWRC21041, including: 6m @ 3.3% Cu & 1.2g/t from 24m, including: 2m @ 5.0% Cu & 0.8g/t from 24m; 14m @ 0.9% Cu & 0.2g/t Au from 2m in NWRC21045, including: 3m @ 2.4% Cu & 0.3g/t from 3m; 19m @ 0.8% Cu & 0.8g/t Au from 19m in NWRC21038, including: 3m @ 2.2% Cu & 0.5g/t from 25m; 5m @ 0.7% Cu & 3.8g/t Au from 22m in NWRC21037, including: 1m @ 2.2% Cu & 18.5g/t Au from 26m; 9m @ 0.8% Cu & 0.3g/t Au from 20m in NWRC21057, including: 2m @ 2.2% Cu & 0.8g/t from 21m.