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Cooper Metals Limited (ASX:CPM)

ALERT: Price-sensitive ASX Announcement for CPM
Current share price for CPM : $0.058 0.005 (9.43%)+
Announcement
Release
27 Oct 2025 8:28AM
Price at Release
$0.053
Full Release
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Summary
Cooper Metals Limited (ASX: CPM) has announced that a cultural heritage clearance has been completed for their priority copper-gold (Cu-Au) drill target at Ardmore North, situated within the Mt Isa East Cu-Au Project in Queensland, Australia. Ardmore North is identified as a high-priority target based on a geological prospectivity review. The site lies along the Mt Hope corridor near the Fountain Range Fault, showing significant surface anomalies confirmed through soil and rock chip sampling. High-grade rock chips with copper values up to 14.45% and gold values up to 4.49 g/t have been reported. The company is moving forward with plans to conduct a 1,000m reverse circulation (RC) drilling program and is in the process of securing a drill contractor. The project area covers approximately 1,600 square kilometers, with numerous targets identified based on extensive exploration efforts over recent years.
Key Points
  • Cultural heritage clearance completed for Ardmore North drill target.
  • Ardmore North identified as priority Cu-Au target by independent review.
  • Located along Mt Hope corridor near Fountain Range Fault.
  • 1.5km long surface Cu-Au anomaly confirmed by sampling.
  • High-grade rock chips up to 14.45% Cu and 4.49 g/t Au.
  • Planned 1,000m RC drilling program in 2025.
  • Project area covers approximately 1,600 sq.km with multiple targets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.