InvestSMART

Cooper Metals Limited (ASX:CPM)

ALERT: Price-sensitive ASX Announcement for CPM
Current share price for CPM : $0.088 0.023 (35.38%)+
Announcement
Release
11 Aug 2026 8:16AM
Price at Release
$0.065
Full Release
download
Summary
Cooper Metals Limited has announced encouraging results from rock chip and trench sampling at their Ardmore North prospect in the Mt Isa East Project area. Two rock chip samples collected from a drill pad contained significant mineralization, with one sample revealing 5.36% copper (Cu) and 5.16 grams per tonne (g/t) gold (Au), and another showing 1.66% Cu and 0.30 g/t Au. Additional reconnaissance work returned results of 0.82% Cu and 2.25 g/t Au from a hematite-magnetite gossan. Trench sampling across a 96-meter line yielded a peak of 0.42% Cu and 0.13 g/t Au. These results, recorded ahead of a maiden drilling program, help delineate copper-gold anomalism across the target zone, strengthening the geological understanding of the area. The company continues its exploration efforts in the region, which is prospective for IOCG and ISCG deposits.
Key Points
  • Rock chip sampling revealed up to 5.36% Cu and 5.16 g/t Au.
  • Trench sampling returned a peak of 0.42% Cu and 0.13 g/t Au over 2m.
  • Reconnaissance samples included 0.82% Cu and 2.25 g/t Au.
  • The Ardmore North prospect is part of the Mt Isa East Project.
  • Results precede a maiden RC drilling program.
  • The Mt Isa East Project is prospective for IOCG and ISCG deposits.
  • Cooper Metals owns approximately 1,200 km² of tenure in the district.
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.