Cooper Metals detects high gold values at Gooroo Project

Proactive - Interviews for investors

Cooper Metals Ltd (ASX: CPM) managing director Ian Warland sits down with Jonathan Jackson in the Proactive studio to discuss results from additional geochemical sampling at the Gooroo Project in Western Australia. The project targets orogenic gold and copper-gold mineralisation in the Gullewa Greenstone Belt, known for significant gold deposits like the Deflector mine. Recent sampling in May 2024 revealed enhanced gold anomalies, with notable results including a rock chip sample from the new Foxglove anomaly assaying up to 48.3 g/t. Soil sampling identified six gold soil anomalies in key structural trap sites, such as the Gullewa syncline and regional faults, crucial for gold deposit formation. The Foxglove anomaly showed a maximum soil gold value of 118ppb, while other areas like Smokebush and Darwinia also displayed higher gold values with maximums of 16.2ppb and 42.8ppb, respectively. Cooper Metals plans further infill sampling to better define these anomalies and determine mineralisation controls ahead of drill testing, pending regulatory approvals. Warland expressed optimism about the results, highlighting the significant findings at Foxglove and the company's efforts to advance the project. #ProactiveInvestors #CooperMetals #ASX #GoorooProject, #GoldExploration, #GeochemicalSampling, #WesternAustralia, #MiningUpdates, #GoldAnomalies, #FoxgloveAnomaly, #SoilSampling, #RockChipSamples, #GoldDeposits, #YilgarnCraton, #GullewaGreenstoneBelt, #DeflectorMine, #Mineralisation, #ExplorationResults, #IanWarland, #MiningNews, #AuCuExploration, #RegulatoryApprovals #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews