Drilling Delay Risks Loom as Cooper Metals Finalises Access for Ardmore North Campaign

Heritage Clearance Unlocks Drilling Potential

Cooper Metals Limited (ASX – CPM) has reached a key milestone by completing the required cultural heritage clearance for its Ardmore North prospect, located within the Mount Isa East copper-gold project in Queensland. This clearance is a critical step enabling the company to proceed with its planned reverse circulation drilling program, anticipated to commence in late 2025 or early 2026.

The Ardmore North area has emerged as a priority drill target following an independent geological consultant’s prospectivity review. This assessment, combined with extensive soil and rock chip sampling, has confirmed a coherent copper-gold anomaly extending over a 1.5-kilometre strike length. The anomaly aligns with a major northeast-trending fault structure, a geological setting often associated with significant mineralisation.

Strong Sampling Results Bolster Confidence

Sampling results from Ardmore North are particularly encouraging. Rock chip assays have returned high-grade values, including copper concentrations up to 14.45% and gold grades reaching 4.49 grams per tonne. These findings not only validate the prospectivity of the area but also build confidence in the potential for economically viable mineral deposits.

Cooper Metals’ Non-Executive Director, Tim Armstrong, highlighted the company’s strategic focus on copper and gold, noting that Ardmore North has risen to the top of their list as a walk-up drill target. The company is actively working to secure drilling contractors and finalise access agreements with local pastoral stations to facilitate the upcoming program.

Mount Isa East Project – A Large-Scale Exploration Opportunity

The Mount Isa East project spans approximately 1,600 square kilometres of tenure and hosts multiple copper-gold targets identified through three years of systematic exploration. Ardmore North is situated in the southern part of this extensive project area, adjacent to other notable deposits held by nearby explorers.

Cooper Metals has leveraged a combination of geological mapping, geophysical surveys, and geochemical sampling to refine its target portfolio. The company’s methodical approach, including adherence to JORC reporting standards and engagement of competent geological personnel, underscores its commitment to disciplined exploration.

Looking Ahead – Drilling and Market Implications

The imminent drilling campaign at Ardmore North represents a pivotal phase for Cooper Metals. The results will be closely watched by investors and industry observers, as they will provide critical data on the scale and grade continuity of mineralisation. Success here could significantly enhance the company’s resource base and valuation.

While the drilling timeline is contingent on finalising contractor arrangements and access, the company’s proactive progress in heritage clearance and sampling sets a positive tone. Cooper Metals’ broader exploration strategy continues to focus on unlocking value across its portfolio of copper and gold prospects in proven mineralised terrains.