Cooper Metals Limited provided results of new geochemical sampling on the new Ardmore tenement within the Mt Isa East Copper Gold Project in northwestern Queensland. The Ardmore tenement adjoins Cooper's existing tenement EPM27782, to the north and lies just north of Carnaby's interpreted IOCG corridor defined by the position of Nil Desperandum, Lady Fanny and Mt Hope. In the southern part of EPM19125, just 5.5 km to the northeast of Carnaby's Mt Hope prospect, rock chip sampling along two shear zones within the prospective Corella Formation returned several anomalous rock chip samples with grades up to 26.2% Cu and 2.0g/t Au (MER107).

The copper mineralisation is typically malachite dominated and hosted in two subparallel shear zones within the Corella Formation and associated with strong quartz carbonate and iron oxide alteration typical of iron oxide copper-gold (IOCG) mineralisation in the area. The mineralised shear zones have been traced for around 1.1km along strike and remain open to the northeast. Importantly six of the seventeen samples assayed to date have strong gold values > 1g/t Au.

High gold grades tend to correlate with the high copper values. Samples with high gold (>1g/t) include: 26.2% Cu & 2.0g/t Au (MER107) 12.0% Cu & 1.3g/t Au (MER108) 2.6% Cu & 1g/t Au (MER110) 21.9% Cu & 1.1g/t Au (MER116) 14.4% Cu & 1.2g/t Au (MER118) 11.5% Cu & 1.7g/t Au (MER119) There are several outstanding rock chip samples at the laboratory which will help further define the mineralised trend. The surface mineralisation may be an indication of significant copper sulphide mineralisation at depth and Cooper is planning to fast track an induced polarisation survey over the area to help refine the most optimal drill targets.