CYM.ASX: Extensive Copper Mineralisation Within Nifty Waste Dump

Extensive Copper Mineralisation Within Nifty Waste Dump

Stock	Cyprium Metals Ltd (CYM.ASX)
Release Time	9 Jul 2026, 8:51 a.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Cyprium Metals Identifies Extensive Copper Mineralisation in Nifty Waste Dump

Key Points

Extensive copper mineralisation identified in the Nifty waste dump
Several high-grade intersections reported
Potential for further exploration and resource estimation

Full Summary

Cyprium Metals Ltd. has announced the results of a drilling program targeting visible copper mineralisation within the Nifty waste dump. The drilling program identified extensive copper mineralisation, with significant intersections including 9m @ 1.00% Cu and 7m @ 1.11% Cu. The main mineralised zone is defined over 750m x 250m, with potential for further extensions. Metallurgical test work will be conducted to understand the mineralisation and leaching performance. The waste dump material presents a potential low-cost source of feed for the refurbished heap leach and SXEW plant.

Outlook

The company plans to conduct further drilling and metallurgical test work to define and infill the extent of the mineralised zones. An external technical consultant will be engaged to deliver a maiden Mineral Resource Estimate.