Exploration company Cyprium Metals’ joint venture copper-gold mineral resource project in the Murchison region increased its copper resource by 33pc to 51,500mt, said a company release.

 

The company aims to combine the updated resources with the recently acquired Nanadie Well Copper-Gold Project into the ongoing Murchison Copper-Gold scoping study. The resource update is a significant progress in the Murchison Copper-Gold scoping study.

 

Cyprium has a joint venture with Musgrave Minerals (MGV) at the Cue Copper-Gold Project in the Murchison region of Western Australia. Cyprium has an 80pc joint venture interest in the project’s copper, gold and silver mineralisation, however, MGV has a 100pc interest where a deposits mineralisation is primarily gold and is not associated with a copper-gold deposit.

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