NEW HIGH GRADE COPPER ZONE INTERCEPTED AT LADY ANNIE EAST AND UPDATE ON FLYING HORSE DEEPS PROSPECT • A new high grade sulphide copper zone discovered from drilling immediately beneath the proposed copper oxide pit floor at Lady Annie East has returned spectacular copper grades. • Results are: • 55 metres at 3.30 % Cu from 134 metres including; o 27 metres at 5.93 % Cu from 143 metres and o 8 metres at 10.62 % Cu from 155 metres • Follow up drilling at Lady Annie East will commence immediately to better understand controls to mineralisation • Significant new sulphide copper intercepts from Flying Horse Deeps drilling include: • 48 metres at 1.31% Cu from 124 metres • 60 metres at 1.0% Cu from 122 metres • 24 metres at 2.57% Cu from 221 metres • 13 metres at 3.21% Cu from 203 metres, including; o 6 metres at 6.42% Cu from 204 metres • Mineralisation extends over 600 metres of strike, up to 400 metres wide and to depths of 300 metres • Resource studies to define a shallow, moderate sized copper sulphide resource is continuing.
CUO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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