World News – AU – Cyprium Metals (ASX: CYM) Completes Geophysical Programs on WA Projects – The Market Herald

Cyprium Metals (CYM) has completed geophysical programs on the Murchison Copper Gold Projects in Western Australia.

Work has been undertaken on the Cue Copper Gold Project and the Nanadie Well Copper Gold Project to determine potential depth and expand existing resources.

The Nanadie Well copper-gold project is located 650 kilometers northeast of Perth and 75 kilometers east-northeast of Cyprus’ Cue copper-gold project.

In the last quarter of 2020, air magnets were completed in the project with data that can be used to identify future drilling targets.

These targets will be tested year-round once phase one diamond drilling is completed.

In 2019 and 2020, data and results from the Hollandaire deposit were analyzed to identify the optimal methods for future mineralization.

A survey was conducted to identify weak conductors and bodies related to copper-zinc mineralization.

A gravity survey was also conducted at Eelya South to outline the bedrock ladder associated with the mineralization.

Cyprium is awaiting results and possible anomalies to be tested later this year.

Previous electromagnetic (EM) surveys at Eelya South provide limited information due to strong ground polarization effects in the area.

« We are pleased to have completed most of our proposed geophysical programs by the end of 2020, » said Executive Director Barry Cahill.

« Cyprium is now awaiting processing of geophysical data to facilitate the expansion of the mineralization inventory on our Murchison Copper-Gold projects, » he added.

Cyprium has increased by 2. 44 percent of the market and shares are traded at 1:30 p.m. AEDT at 21 cents.

ASX: CYM, copper, project, ASX