Cyprium Metals Ltd (ASX:CYM) Upgrades Maroochydore Copper-Cobalt Resource
Resource Update
Cyprium Metals Ltd (ASX:CYM) has upgraded its mineral resource estimate for the Maroochydore Copper-Cobalt Project. The updated estimate demonstrates a large copper sulphide system with 1.6Mt contained copper and 84,000 tonnes contained cobalt at a 0.25% Cu cut-off grade.
Executive Comments
Executive Chair Matt Fifield stated, “Maroochydore is a very large, near-surface sulphide resource with a higher-grade zone that has high potential to be a medium-term expansion project for Cyprium. An important moment for Cyprium, and a potential meaningful source of Australian copper and cobalt.”
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