CPM 7.14% 7.8¢ cooper metals limited

Carnaby recently increased their land holdings by more than...

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    Carnaby recently increased their land holdings by more than double. CPM still holds the much larger overall tenement package though. CNB pegged the ground along the magna lynn basalt to the south of the Nil Desperandum discovery, which is the same geology as the discovery. CPM hold a fair amount to the north. In any case size of land holdings isnt most important, it's location along structures/mineralised corridors that matters. CNB have found a major deposit (and increased holdings along the same structure) it's up to CPM now to do the same. They certainly have some good prospects but it's not always easy. It took CNB a few drill programs to get major success and this was after a number of others who had drilled the prospect previously.




    https://hotcopper.com.au/data/attachments/4056/4056721-1e280593cbb21776a7a2ad651e9bd87e.jpg
 
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