CYM 4.76% 4.4¢ cyprium metals limited

I love the emphasis on getting the second and third mine...

  1. 315 Posts.
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    I love the emphasis on getting the second and third mine operational.
    As per my post highlighting CYM's lesser "unknown deposits", it's encouraging to see them directly mentioned below.

    https://hotcopper.com.au/data/attachments/4391/4391073-0dd7e2d3a43553ea57d672b97e1d3fc9.jpg

    Emphasis on the economic mineralisation in other metals in addition to copper and gold.

    Personally I believe Mt Eelya has the potential to be developed into a high-grade Zinc mine given the historic results. The copper and gold produced as a result of mining this site is nothing more than a bonus.

    Furthermore, Stark is a very promising high grade Copper-Sulphide-Nickel site.

    At this stage, given the additional capital that Bazza's raising and the continuous progression on Maroochydore and Murchison prospects.. A second and third mine is guaranteed to eventuate following success at Nifty.

    But now, I believe a fourth or even fifth mine is on the cards long term. It's going to be interesting to see where the "elevated grades of Copper, Nickel, Cobalt, Gold, Silver, Zinc, Lead, Platinum and Palladium" takes us at Nanadie Well. Only a handful of those were previously identified.

    Last edited by Da12kl0rd: 31/05/22
 
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