Highlights o Complementing efforts at the BHA Project’s East...

Highlights
o Complementing efforts at the BHA Project’s East Zone, the Board has approved plans
to assess optimising the Big One Deposit (within the NWQ Copper Project in the Mt
Isa copper-belt) via implementing the following:
 Commissioning an independent engineering contractor to conduct a pit
optimisation study on the viability of commencing copper mining operations,
utilising prospective third-party processors and effective path to market
 Re-formulating optimal plans for a third drilling campaign and companion
geophysical surveys to extend known mineralisation beyond the line of lode
o To recap, the Big One Deposit has an inferred Mineral Resource Estimate (MRE) at
2.1Mt @ 1.1% Cu for 21,886t 2 copper metal – with best intercepts comprising:
40m @ 1.64% Cu from surface incl: 11m @ 4.40% Cu from 24m, 5m @ 7.34% Cu from 28m & 1m
@ 16.65% Cu from 29m (303RC) 3
44m @ 1.19% Cu from surface incl: 14m @ 3.55% Cu from 27m, 3m @ 10.88% Cu from 37m & 1m
@ 12.6% Cu from 37m ( 301RC) 3
34m @ 1.51% Cu from surface incl: 21m @ 2.25% Cu from surface, 12m @ 3.44% Cu from 3m, 6m
@ 4.79% Cu from 3m and 1m @ 9.4% Cu from 9m (B0017) 3
o Post upcoming site visits to several targets – including Arya, Valparaisa, Boomerang
and Josephine – the Board will rank the exploration potential then present the
opportunity to prospective development partners in the Mt Isa region:
 Note, several global mining groups have operations proximal to CCZ’s ground
including Rio Tinto, Glencore and Anglo American
o Meanwhile, initial metallurgy test-work results for rare earth elements from the BHA
Project’s East Zone are due back shortly