SUMMARY
EXPLORATION
In the March Quarter, Copper Search (ASX: CUS) concentrated its exploration efforts on completing a large-scale IP geophysical survey at the Paradise Dam Prospect and combining that data with all the new drilling information collected during the 2023 drilling season, taking another step toward discovering a new copper deposit at the Peake Project in the Gawler Craton, South Australia.
The exploration team primarily focused on using the new data sets collected to improve drill target identification in preparation for the 2024 drilling season. The fruits of this process were evident in February when the Company announced the identification of a new drill target on a significant north-west structure at the Paradise Dam Prospect, validated by the IP geophysical survey and diamond core drilling.
During the quarter, the Company also presented the final assays from the follow-up RC and diamond core drilling in Q4, 2023, at the Paradise Dam Prospect and Richard Dam Prospect (Target AC02) – ASX Announcement 11 February 2024.
Heritage clearances and drill permitting were also completed to allow further drilling at the Peake Project in 2024.
The cash position on 31 March 2024 was $2.6 million.
MORE INVESTOR UPDATES
Investor Presentation: Heavy Mineral Sands Focus
Copper Search Ltd (ASX: CUS) is pleased to announce newly identified heavy mineral sands potential at the Company’s Peake Project in South Australia.
Conditions Precedent Satisfied on the Theseus Copper Gold Project
Copper Search has secured a strategic 944km2 ground position in the Macquarie Arc – Lachlan Fold Belt, NSW
Entitlement Offer Prospectus
Copper Search Ltd (ASX: CUS) is pleased to offer all Eligible Shareholders the opportunity to participate in an Entitlement Offer.
Successful Placement Completed & Rights Issue To Open
Copper Search Ltd (ASX: CUS) is pleased to advise that it has successfully completed a capital raise to fund exploration and project generation for Heavy Mineral Sands (HMS) in South Australia (SA) and working capital.
Heavy Mineral Sands Targets Identified At The Peake Project
Copper Search Ltd (ASX: CUS) is pleased to announce newly identified heavy mineral sands potential at the Company’s Peake Project in South Australia.
New Theseus Gold Copper Project Secured in Lachlan Fold Belt, NSW
Copper Search has secured a strategic 944km2 ground position in the Macquarie Arc – Lachlan Fold Belt, NSW