Ian Worland is a straight shooter with these comments in todays ann.
Acquisition Rationale
EPM28087 is located just ten kilometers to the northeast of CPM’s existing tenure. Significantly,
EPM28087 covers part of the Mary Kathleen Domain, a highly prospective structural Domain for Cu-
Au deposits. As an example, the Barbara Cu-Au deposit is located just 1.8km west of EPM28087
and Carnaby Resources (ASX: CNB) recent discoveries at Nil Desperandum and Lady Fanny are
also located in the Mary Kathleen Domain just to the south of Cooper’s existing tenure.
The acquisition of EPM28087 is consistent with the Company’s strategy to explore and discover Cu-
Au deposits in the highly prospective Mt Isa Inlier and further enhances the value of the Mt Isa East
project as a ‘bolt-on’ tenement to the district-scale exploration program currently underway. Cooper
firmly believe the tenement geology has all the right attributes to host Cu-Au mineralisation. The
tenure is close to existing infrastructure, with potential for third party processing options. A review
of regional geology by CPM geologists has identified a network of regional shear zones developed
in favorable structural settings and lithologies for Cu-Au deposits. Cooper’s strategy is to
systematically explore these areas utilizing modern geophysics and geochemistry to rank prospects
ahead of drill testing.
Next Steps
• Cooper will continue to conduct desktop evaluation and review of EPM28087, to identify potential
Cu-Au targets in readiness for grant of the tenement.
• Cooper has commenced exploration on the Mt Isa East Project in late 2021 and is planning
ground geophysics at the King Solomon and Python Prospects to commence in early 2022.
So why grab mor land? Well im guessing he sees this as money well spent and can see the aquisition value. Not guaranteed in life, but Ian really believes in the geology of this area and hes seeing similarities to CNB and has referenced it. We have more land than the other 2, who are valued many x our current value. Cnb looks like being a major copper player with favourable geology, i dare to dream a bit like Ian, but what is good to know is that Ians dreams are backed up by his knowledge and that has been recognised by numerous awards. This again gives my dreams a lot more hope as my research is limited by my knowledge. The value atm is in CPM, its a gamble but could be life changing. To think we could be a major player in the hot part of town. Load up while you can and dont sell them too cheap, read cnb and hmx then you may realise that anything under $1 just may be cheap. Ive been wrong many times, but ive been right a few more. Bring the wheelbarrow.
Mule
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Last
4.9¢ |
Change
0.001(2.08%) |
Mkt cap ! $3.839M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.6¢ | $1.41K | 29.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 72001 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 85000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 72001 | 0.045 |
1 | 350000 | 0.044 |
3 | 712095 | 0.042 |
1 | 50268 | 0.041 |
1 | 62500 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 85000 | 1 |
0.057 | 35893 | 1 |
0.058 | 135001 | 1 |
0.059 | 92607 | 1 |
0.060 | 495999 | 2 |
Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
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