Musgrave Minerals Ltd’s (ASX:MGV) earn-in partner Cyprium Metals Ltd (ASX:CYM) has completed the initial phase 1 and 2 reverse circulation (RC) drilling programs at the Eelya South prospect within the Cue Copper Project in WA.
Musgrave has granted Cyprium an option to earn-in and joint venture for an 80% interest in the non-gold rights over the tenements at the Cue Copper Project.
Notably, all drill holes intersected the targeted structure with altered and mineralised material observed at the supergene horizon, from a depth of about 30 metres depth below the ground surface.
Eelya South RC Drilling Rock Chips: ESRC001 38-39m
Cyprium executive director Barry Cahill said: “We are very pleased to have completed the initial Reverse Circulation drilling programme at the Eelya South prospect over a strike length of approximately 500 meters and consistently intersecting the structure at a very shallow depth.”
The initial phases of RC drilling at the Eelya South prospect include an additional 220 metre drill hole, 19HORC013, that will be utilised for a downhole geophysical survey to test for potential mineralisation extensions.
Installing PVC casing in 19ESRC013 for downhole geophysical surveys
The Eelya South RC drilling program is being conducted in multiple phases to allow for the mineralisation results from the assays to be included in the planning for the subsequent drilling programs.
The assay results from Eelya South phases 1 and 2 are expected at the beginning of January 2020. Meanwhile, a 900-metre RC drill program at the Rapier prospect has commenced.
Eelya South RC Drilling Rock Chips: ESRC001 39-40m