Cyprium Metals Ltd. Stock Analysis CYM.AX

Cyprium Metals Ltd. engages in the exploration of gold and copper in Western Australia. The Company’s flagship property is the Nifty Copper Complex in Western Australia, which produces copper from both oxide and sulfide resources. The Nifty Copper Mine is located on the western edge of the Great Sandy Desert in the north-eastern Pilbara region of Western Australia, approximately 350 kilometers (km) southeast of Port Hedland. Nifty has a mineral resource estimate of 1,038,000 tons of copper and a mineral inventory of 91,000 tons of copper in existing leach pads. The Company’s other assets include copper-focused properties in the Paterson Province, including multiple defined resources. The Paterson Exploration Project is located in the north-eastern Pilbara region of Western Australia. The 2,400-square kilometer (km2) land package is contiguous with much of the Nifty Copper Mine and Maroochydore Copper Project tenement boundaries. The Maroochydore deposit is located over 85 km southeast of Nifty.