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Proactive Investors

Cyprium Metals Ltd (ASX:CYM, OTC:CYPMF) executive chair Matt Fifield talked with Proactive’s Tylah Tully about a resource update at the Maroochydore Project and its divestment of the Meekatharra Project to Solstice Minerals Ltd (ASX: SLS).  

Fifield highlighted that Maroochydore, which is 80 kilometres from the company's Nifty Copper Complex in WA’s Paterson Province, now contains a substantial 371 million tonnes at 0.43% copper, with a cobalt credit.  

He explained that Cyprium had reassessed the deposit with a sulphide-focused approach, leading to a clearer picture of its economic potential.  

At a higher cut-off grade, the project holds approximately 100 million tonnes at just under 0.7% copper, representing a strong potential mine opportunity.  

The company is now considering ways to integrate Maroochydore with Nifty's infrastructure, including ore sorting, leaching and other processing concepts.  

While further work is required, Fifield expressed confidence in the project's long-term value.  

Additionally, Cyprium Metals announced the divestment of the Meekatharra Project to Solstice Minerals Ltd, a deal involving cash and shares.  

The move aligns with its strategy to focus on core assets in the Paterson region, enhancing shareholder value.  

Looking ahead, Fifield pointed to ongoing technical work, a strategic alliance with McMahon, and financial updates as key areas to watch in 2025.

Click here to view the Proactive Investors website

Proactive - Cyprium Metals sees big copper potential at Maroochydore