HIGHEST GOLD ASSAY TO DATE IN ROCK CHIPS FOUND AT ATTINA CU-AU PROSPECT

Significant Gold and Copper Grades Identified in Recent Sampling

Cooper Metals Limited (ASX: CPM) has reported the highest gold grade to date from rock chip sampling at the Attina Cu-Au Prospect, part of the Mt Isa East Project. Sample MER386 returned 52.8 g/t Au with 12.35% Cu from over 500 samples collected in the last three years.

Attina, located just 5.5 km NE of Carnaby’s (ASX: CNB) Mt Hope Deposit, features a discontinuous line of gossanous quartz veins ranging from 1m to 15m wide, traced up to 700m. A peak pXRF soil anomaly identified 0.4% Cu near rock chip sample MER163, which contains 7.47% Cu and 0.31 g/t Au.

The core of the anomalous Cu area, stretching 300m, exhibits quartz veining and gossanous mineralisation exceeding 500ppm Cu. This anomaly is hosted within Corella metasediments and Overlander Granite, interpreted as a potential low lithospheric pressure zone, advantageous for Cu-Au mineralisation.

Additionally, pXRF soil sampling at the Solo Cu-Au Prospect identified two copper-in-soil anomalies, each extending around 300m. The eastern anomaly lies on a sheared contact between the Corella Formation and Overlander Granite.

Cooper Metals Managing Director, Ian Warland, commented:

These two new Prospects are showing highly encouraging Cu-Au anomalism in soils and rock chips located in favourable structural positions. The areas were followed up as part of an external prospectivity review of the Ardmore tenement in 2023, which helped identify eleven targets from a desktop review of detailed aeromagnetic data, geological mapping and satellite imagery. Attina looks especially interesting, due to the high gold grades and the interpretation of a complex trap site formed potentially in a zone of low pressure, which resulted in increased shearing around the contact between a rigid granite body within the Corella Formation. We are continuing to improve the geochemical coverage and mapping to assess these areas for future drill testing and look forward to updating the market with our progress.

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