Cooper Metals Ltd (ASX:CPM) has confirmed the presence of five gold targets at the Gooroo Project in Western Australia through a combination of soil and rock chip sampling.
The new data has enhanced the prospectivity of the targets, especially gold anomaly 1, which produced a result of 2.56 g/t gold from a sample of silicified basalt float.
The five anomalies occur over potentially favourable structural trap sites, where the local geology has encouraged gold to collect in discrete areas – this kind of geology is known to be important for the formation of gold deposits elsewhere in the Gullewa Greenstone Belt.
Five highly anomalous gold targets
“In 2023 Cooper completed detailed aeromagnetic survey, geological mapping and geochemical sampling at Gooroo,” Cooper Metals managing director Ian Warland said.
“Recent infill soil sampling has confirmed five highly anomalous gold targets. Anomaly 1 has a peak gold value of 33.2 parts per billion coincident with a sample of silicified basalt float which reported 2.56 g/t gold near mafic and felsic contacts with andesitic porphyry.
“This area is proximal to interpreted faults that may have been important plumbing mechanisms in the region for gold mineralisation.
“After focusing on acquiring key geochemical, geophysical and geological datasets Cooper is now well placed to conduct maiden drilling program at Gooroo in 2024 and is working hard to obtain the necessary regulatory approvals.
“We look forward to updating the market with our progress in the near future.”
Upcoming work
Cooper Metals is planning a field trip to further ground truth the priority gold anomalies ahead of planned aircore drilling later in the year.
The aircore drilling is planned in areas of cover where basement rocks are not exposed. Drilling will commence after the necessary regulatory approvals are received.
Pending results, RC drilling of deeper targets will be undertaken.