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Cyprium Metals Limited ( (AU:CYM) ) has issued an update.
Cyprium Metals Ltd has updated its mineral resource estimate for the Maroochydore Copper-Cobalt Project, revealing a substantial copper sulphide system with 1.6 million tonnes of contained copper. The resource upgrade includes a higher-grade zone, which Cyprium plans to further study for potential integration with its Nifty mill and concentrator. This development represents a significant opportunity for Cyprium to expand its resource base and contribute to Australia’s copper and cobalt supply.
More about Cyprium Metals Limited
Cyprium Metals Ltd is a copper developer focused on recommencing production at the Nifty Copper Complex in the Paterson region of Western Australia. The company is also engaged in the development of its Maroochydore Copper-Cobalt Project, which is located near the Nifty complex.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €25.74M
See more insights into CYM stock on TipRanks’ Stock Analysis page.