Cyprium Metals Limited reported the results of the first round of assays that have been received from the 2021 Reverse Circulation drilling campaign at the Maroochydore Copper - Cobalt Project. The 50 RC drillhole programme included 46 resource definition and extension holes (5,990m) and 4 water bores (228m) for a total of 6,218 metres. To date, the results from 19 holes have been received by the company.

These RC drill holes targeted oxide, supergene and transitional mineralisation at the project with several holes extending into fresh basement rock. Sulphide mineralisation was intersected from 108m down hole in 21MDRC018. The oxide mineralisation currently extends over a strike length of 3,000m, has a width of up to 500m and thicknesses up to 100m, as modelled in the existing JORC 2012 mineral resource estimate.

Once all the RC assay results are received, they will be included in a revised mineral resource estimate of the Maroochydore copper - cobalt deposit. Hole collar and Survey. All significant interval assays.