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Cooper Metals Limited ( (AU:CPM) ) has provided an update.
Cooper Metals Limited has successfully acquired the North Queensland Gold Project, EPM 28918, through a competitive tender process. This project is strategically located near significant gold resources, including Savannah Goldfields and the historic Kidston Gold Mine. The company has completed initial desktop reviews revealing multiple anomalies for further exploration. Fieldwork is planned to extend geochemical coverage, and two additional licenses are pending approval. These acquisitions align with Cooper Metals’ copper and gold strategy, offering zero cost until 2028, and are expected to enhance the company’s project portfolio in proven mineralized districts.
More about Cooper Metals Limited
Cooper Metals Limited is a company operating in the mining industry, focusing on the exploration and development of copper and gold projects. The company is strategically expanding its portfolio in mineral-rich districts, particularly in North Queensland, Australia.
Average Trading Volume: 168,718
Technical Sentiment Signal: Sell
Current Market Cap: A$2.74M
See more insights into CPM stock on TipRanks’ Stock Analysis page.