MESSAGE FROM THE CHAIRMAN
I’m pleased to report that this year, following a long and rigorous process of examining all the available data, conducting large scale geophysical surveys, and creating sophisticated geological models of the Peake and Dennison domain, the Copper Search team is now in the middle of a major drilling program.
The goal is simple – discover the next large-scale Copper deposit in the Peake and Denison Domain of the globally renowned Gawler Craton region of South Australia.
This new geological understanding has opened up a significant opportunity.
The Copper Search team has identified numerous high-quality IOCG (iron-oxide-coppergold) targets with this new geological lens. Our team has ranked and confirmed each of these targets, with special emphasis on assessing their economic scale potential. Encouragingly when the best targets have been put to the ultimate test – the drill bit – the early results from this new exploration strategy have been encouraging. The first drill hole of the current program, at Target AC23, intersected multiple narrow intervals of typical IOCG mineralisation.
As we transition to a carbon-neutral economy, I believe that our goal of making a new and significant discovery that will help meet the world’s seemingly insatiable demand for copper – an essential component in the production of electric vehicles, wind turbines, and other electronics – will not only yield benefits for Copper Search shareholders but also for our world as a whole.
I would like to thank my fellow directors, our CEO, Duncan Chessell and our entire team for the significant work program delivered over the past year and look forward to success in our current drilling campaign.
Chris Sutherland
Chairman, Copper Search Ltd
MORE INVESTOR UPDATES
Quarterly Activities Report (December 2024)
Copper Search Limited (ASX: CUS) is pleased to present its Quarterly Activities Report for the period ending 31 December 2024.
Drilling Results Douglas Creek IOCG Prospect 2024
Copper Search announces assay results from the second drill hole at the Douglas Creek IOCG Prospect and discusses prospectivity and next steps
Quarterly Activities Report (September 2024)
Copper Search Limited (ASX: CUS) is pleased to present its Quarterly Activities Report for the period ending 30 September 2024.
Initial Drilling Results Douglas Creek IOCG Prospect
Copper Search announces the assay results of the first diamond core drill hole (24PK14) to test the Douglas Creek IOCG Prospect.
Annual Report (2024)
Copper Search Limited (ASX: CUS) is pleased to present its Annual Report (2024).
Drilling Completed at Douglas Creek IOCG Prospect, Peake Project
Copper Search Ltd (ASX: CUS) (Copper Search or the Company) is pleased to announce the completion of its third drill hole of the Winter 2024 Peake Drilling Program.