HIGHLIGHTS:
- Additional optimistic visible mineralisation estimates from 200m spaced infill drilling corroborate the extension of a higher-grade zone of chalcocite mineralisation extending laterally from NCP55 which incorporates 10.0m @ 1.32% Cu & 27.7g/t Ag (see ASX announcement 3 February 20251);
- Infill gap NCP69 features a 6.5m intersection of chalcocite mineralisation logged from 197.9 to 204.4m together with an estimated 5 to eight% chalcocite over 1m with visible estimates of abundance confirmed with pXRF measurements2; and
- Based mostly on the encouraging preliminary outcomes, the present drill programme has been additional prolonged to incorporate step-back and lateral step-out holes to delineate the vertical and lateral extent of higher-grade copper-silver mineralisation inside the Cosmos Goal.
Noting the zone of upper grades, the continuing drill programme is designed to check the potential for each In-Situ Copper Restoration (ISCR) and traditional underground mining on the Cosmos Goal.
Commenting on the preliminary outcomes from the Cosmos Goal Drill Programme, Adam Wooldridge, Cobre’s Chief Government Officer, stated:
“Whereas these outcomes are visible and preliminary, we’re nonetheless more than happy to see additional encouraging intersections at Cosmos offering justification for extending the drill programme into 2026. It is a nice consequence for the Firm as we increase the drill program into subsequent 12 months and stay up for reporting the outcomes because the core chopping and program processes with the following drill gap at the moment underway.”
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