Copper Search (ASX: CUS) chief executive officer Duncan Chessell joins Small Caps to discuss the company's upcoming drill program which will test to prime prospects at the Peake project.

Using a significant library of data and in-depth studies, Copper Search will focus on the large-scale Paradise Dam and Douglas Creek copper prospects which have been prioritised from an initial 40 geophysical anomalies.

Paradise Dam is estimated to have 3km of strike and was identified from structural analysis and an induced polarisation (IP) geophysics survey completed in January 2024.

The Douglas Creek prospect is a large-scale shallow classic IOCG- style coincident “magnetics and gravity” anomaly only recently cleared for drilling after consultation with the traditional owners over the last two years.

While copper prices have slid back from record highs in recent days as traders look to grab an early profit, analysts are forecasting they may have to hit as high as A$22,500 (US$15,000) per tonne due to supply constraints.

Along with its IOCG exploration activities, Copper Search is undertaking an early-stage geochemical sampling program to assess the gold potential on its Mt Denison claim.

Article:
https://smallcaps.com.au/copper-search-timely-drill-program-soaring-copper-prices/

For more information on Copper Search:
https://smallcaps.com.au/stocks/asx-cus/

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