Cyprium Metals Ltd. is pleased to report assay results from the April/May 2022 Reverse Circulation drilling campaign which was completed at the Cue Copper Project as outlined in Figure 1*. HIGHLIGHTS - RC drilling of targets at Cyprium's Cue Project has returned anomalous results at 5 of 7 targets tested - RC drilling is targeted at discovering syngenetic-structural base metal deposits - RC drilling on E20/630, under the [...]
Cyprium Metals Ltd. is pleased to provide the following overview of the Company's activities. Nifty Copper Restart Project - Cyprium has now increased the mineral resource endowment at Nifty Copper Project by over 40% and the west and east of the mineralisation remains open - The updated mineral resource estimates will be included in Phase 1 of the Nifty Restart Project optimisation, which will add further copper tonnes [...]
Cyprium Metals is an ASX listed mining company focused on delivering an expedited development timeframe on its flagship Nifty Copper Mine, with first copper production expected in H1 2024. Nifty Copper Mine is 100% owned by Cyprium and expected to deliver 146,100 tonnes of copper plate during Phase 1 based on November 2021 MRE. Copper is expected to be one of the most important metals in the green transition due to its [...]
Cyprium Metals Ltd. is pleased to report assay results from the April/May 2022 reverse circulation drilling campaign which was completed at the Nanadie Well Project as outlined in Figure 1*. HIGHLIGHTS - RC drilling at the Nanadie Well Project has identified broad anomalous zones copper-nickel-PGE mineralisation 1.6 kilometres north of the Nanadie Well resource - RC drilling on the 10 kilometre long layered [...]
Cyprium Metals Ltd. formed in June 2019 with the strategy of developing copper projects in Australia. The first transaction in 2019 was an earn-in and JV of the Hollandaire Copper Project, a shallow high grade copper sulphide resource. This was followed in 2020 by the purchase of the nearby shallow Nanadie Well Copper Gold Project, which combined with Hollandaire forms the Murchison Copper Gold Project. Cyprium then [...]
Cyprium Metals Ltd. provides an update on the status of the refurbishment of the Nifty Copper Project whilst the Company is progressing the finance process for the restart of the operation. HIGHLIGHTS - Cyprium has now increased the mineral resource endowment at Nifty Copper Project by over 40% and the west and east of the mineralisation remains open - The updated mineral resource estimates will be included in Phase 1 of [...]
Cyprium Metals Ltd. has continued to progress the refurbishment of the project whilst the Company is conducting a finance process for the restart the operation. HIGHLIGHTS - Majority of the operational readiness and environmental clean-up activities have now been completed - To reduce operational expenditure whilst maintaining the Nifty site in good order, workforce has been temporarily downsized until the finance process [...]
Cyprium Metals Ltd. has continued to progress the refurbishment of the project whilst the Company is conducting a finance process for the restart the operation. Nifty Restart Progress Project finance remains the key focus for Cyprium. The pre-development work continued in parallel with the finance process, as it was intended to ensure that the Nifty site was ready at the go-line for when financing was completed, prior to [...]
Cyprium Metals Ltd. is a copper development company with a portfolio of advanced stage exploration and development projects located in Western Australia. Cyprium's current portfolio of assets includes >1.6Mt of contained copper. We conduct our activities with integrity, striving to balance the economic, environmental and social considerations to create value for the mutual benefit of all stakeholders. Cyprium's preferred [...]
Cyprium Metals Ltd. is pleased to provide the following overview of the Company's activities for the June 2022 quarter. Nifty Copper Project - Mineral Resource Estimate increased to 940,200t contained Cu - Government Submissions lodged and approvals being completed - Finance process well advanced for construction then production Cu plate H2 2023 Maroochydore Copper-Cobalt Project - All of the 2021 RC drilling assay [...]
Cyprium Metals Ltd. is pleased to announce the Company's maiden Mineral Resource Estimate for the Nanadie Well deposit to a JORC 2012 standard, as detailed in Table 1* below. HIGHLIGHTS o Nanadie Well polymetallic orebody, preliminary Mineral Resource Estimate contains: - Copper 162,000 tonnes - Gold 130,000 ounces - Silver 1,364,000 ounces - Cobalt 2,200 tonnes - Nickel 11,900 tonnes - Zinc 6,500 tonnes o Nanadie Well [...]
Cyprium Metals Ltd. is pleased to announce a capital raising via a placement and a pro rata non-renounceable rights issue to raise up to approximately $26 million before costs. HIGHLIGHTS - Firm commitments received for a Placement to raise $16M at 11.5 cents per share - Additional pro rata non-renounceable entitlement offer to raise up to $10M o 1 new share for every 8 held on the record date at 11.5 cents per share o [...]