Uncover the Secret to Cyprium Metals’ Success with the Nifty Copper Project!

Cyprus Metals Limited (ASX:CYM) has unveiled exciting assay results from the Nifty East infill extensional drilling in Perth, Australia. The recent program, consisting of 21 RC holes for 5,725m, targeted areas with promising widths of oxide/transitional mineralization extending east and sulphide mineralization underneath the former Nifty open pit.

HIGHLIGHTS

• Results from Nifty East Extensional Infill drilling program confirm potential for additional shallow mineralization for a planned heap leach restart and expansion of the existing +0.9 Mt contained copper Mineral Resource.
• Significant widths of copper mineralization intersected, showcasing the project’s growth potential.

Executive Director Barry Cahill expressed optimism, stating, "The drilling at Nifty East solidifies our understanding of the copper mineralization extending from the current Nifty open pit, indicating excellent potential to expand the existing resource further to the east." These results will enhance the resource model along with the previously released West drilling, demonstrating ample potential for mineral resource expansion.

Discussion of Results

1. Section 102,800E Hole 21NRSP021: Confirmed oxide and sulphide mineralization, extending the known mineralization zone.
2. Section 102,840E Hole 21NRSP030: Expanded oxide mineralization near the surface and identified deeper sulphide extensions.
3. Section 102,880E: Illustrates infill transitional and sulphide mineralization, supporting further resource expansion.
4. Section 102,920E: Identified extensions to oxide mineralization east of the pit and confirmed supergene copper mineralization.
5. Section 102,960E: Confirmed oxide and transitional mineralization, with new sulphide extensions identified.

The drilling has unveiled promising results, indicating the potential for resource growth and mine development at the Nifty East site. The identified mineralization zones present a significant opportunity for Cyprus Metals Ltd. to deliver valuable natural resources, sustainable value, and robust shareholder returns by effectively managing its Australian copper projects.

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In conclusion, the assay results from the Nifty East drilling program highlight the substantial mineralization potential and growth opportunities for Cyprus Metals Ltd. As the company aims to become a mid-tier mining business, these findings pave the way for strategic expansion and enhanced value creation in the mining sector.