A detailed review was completed to re-rank all exploration targets across Gawler Craton tenements using geological information from drilling to date and newly acquired geophysical data.
Highlights and recommendations of the Project review
- Focus on the flagship Peake Project in the NE Gawler Craton, prospective for large- scale copper (IOCG) deposits
- A detailed project review has identified over 20 shallow potential IOCG targets less than 500m deep and a further six deeper targets at the Company’s Peake Project
- Drilling at the Billa Kalina Project and review of the North Titan Projects have
downgraded prospectivity and will be relinquished - The Gawler Craton is host to world-class IOCG deposits and includes Carrapateena
and the world-renowned BHP Olympic Dam Mine - Targeted infill geophysics (IP, gravity and AMT) surveys will inform the final target
ranking and refine drill collar locations - Extensive 6-month drilling program to commence in 2023
- A revised exploration strategy completed by the newly formed exploration team, using
a mineral systems approach and incorporates multiple big data sets, innovative peer- reviewed emerging techniques, and well-established conventional exploration methods
CORPORATE
Cash position of $8.2 million at quarter end 30 September 2022
The Gawler Craton is a world-class mining district in South Australia and is endowed with over 100 million tonnes of copper and 110 million ounces of gold. Copper Search’s Peake Project covers over 5,560 sq km giving the company a strong ground position in the district.
MORE INVESTOR UPDATES
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.
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
Annual Report (2024)
Copper Search Limited (ASX: CUS) is pleased to present its Annual Report (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.
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.
Drilling Update: Douglas Creek IOCG Prospect, Peake Project
Copper Search Ltd (ASX: CUS) is pleased to announce the completion of the second hole of the Winter 2024 Program and the commencement of an additional hole at the Douglas Creek IOCG
Prospect.