Copper Strike (ASX:CSE) is an Australian mineral company focused on finding and developing copper and other base metals in eastern Australia. The company aims to create shareholder value through the development of its advanced projects, and progression of early stage prospects.
Headquartered in Melbourne, with an experienced management and board, Copper Strike listed on the Australian Stock Exchange in November 2004. Major shareholders include Teck Cominco 9.4% and Acorn Securities with 6.2%.
Since listing in late 2004 Copper Strike has successfully taken several prospects in the Einasleigh area of North Queensland from early stage exploration projects up to the feasibility stage. The Einasleigh Project is Copper Strike’s main focus with a production decision due later in 2008.
Einasleigh Area
At Einasleigh, some 300 kilometres NW of Townsville in North Queensland, a feasibility study is in progress on the following Inferred / Indicated Resources: Einasleigh Copper Mine (0.83Mt @ 3.0% Cu, 0.13g/t Au & 14g/t Ag), the Kaiser Bill deposit (13.4Mt @ 0.83% Cu, 0.13g/t Au & 6g/t Ag), Chloe (1.82Mt @ 5.12% Zn, 2.23% Pb, 42g/t Ag & 0.25% Cu), Jackson (0.49Mt @ 5.26% Zn, 4.06% Pb, 115g/t Ag & 0.11% Cu)and Railway Flat (0.8Mt @ 4.3% Zn, 1.4% Pb, 23g/t Ag &0.2% Cu).&n...
Walford Creek
At Walford Creek located 300 kilometres NNW of Mt Isa in NW Queensland, an Inferred Resource has recently been estimated at 6.5 million tonnes @ 0.6% copper, 1.6% lead, 2.1% zinc, 25g/t silver and 0.07% cobalt. Given the low density of drilling on this prospect, there is excellent potential to increase the size and grade of the resource. The deposit is shallow and amenable to open-cut extraction. The exploration planned for this year includes 3000 metres of diamond drilling to extend the resource. Mos...
- Resources double on Chloe Jackson trend
- September 3, 2008
- Boardroomradio interview with Tom Eadie
- September 3, 2008
- Updates on Feasibility Study and Chloe/Jackson Drilling
- August 20, 2008
- Strong Results from Kaiser Bill - Best Ever at Chloe
- July 25, 2008
- Apointment of General Manager - Einasleigh Operations
- July 25, 2008
- Boardroomradio interview with Tom Eadie
- July 25, 2008
