Cyprium Metals Limited (ASX:CYM)
Cyprium Metals Limited (ASX:CYM) is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital natural resources, strong shareholder returns and sustainable value for stakeholders. The company pursuea this aim, in genuine partnerships with employees, customers, shareholders, local communities and other stakeholders, which is based on integrity, co-operation, transparency and mutual value creation.
The company has a highly credentialed executive management team in place, to target projects that have a copper mineral resource, with sulphide mineralisation and high sulphide content, together with excellent potential to increase the size of the mineral resource. The development of the projects will be optimised using low-cost sulphide heap leach, which is ideal for stranded projects, problematic mineralogy, lack of scale and/or challenging locations. Innovative processing solutions will be used with the aim of producing a final metal product on site to maximise value.
The Cue Copper Project is the initial Mineral Resource introduced into the strategy of the company. It includes a JORC compliant copper mineral resource at Hollandaire with numerous high priority drill targets and the mineralogy shows potential for sulphide heap leach.