Coolabah Metals

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Coolabah Metals

Coolabah Metals is an Australian gold and base metal explorer. The Company has a prospective portfol

15/03/2023

Coolabah Metals Limited expand Queensland exploration footprint with the acquisiton of exploration projects EPM27742 & EPM27530

• Acquisition of two strategic exploration licences located 130km SSE of Cloncurry near the Cannington Mine with promising copper and gold intercepts
• Headline drill intercept of 16m @ 1.8% Cu and 0.5g/t Au
• Completion of phase one RC drilling with 17 RC holes totalling 2,718m at the
Barrow Licence EL8638 (assays pending)
• Identified several gravity anomalies across the Dywat Licence EL8657
• Identified eight EM conductors across the Coolabah Licence EL9287
• Modelled 2x EM Conductor plates for drill testing next quarter
• Completed a ground magnetic survey over the Pluto Prospect consisting of 21 line-kilometres at a line spacing of 50m at the Nymagee Licence EL8785
Coolabah Metals Limited (ASX:CBH) (“Coolabah” or “the Company”) Managing Director, Cameron Provost stated: “Coolabah have had a busy start to 2023 with multiple projects on the go including drilling, geophysics, surface sampling and processing of geophysical data.
I am pleased with the progress that the geologists and field teams have made with the Projects that we currently hold in Gunpowder Creek, Coolabah and Nymagee. The expansion of our footprint with the acquisition of the Cannington Project only strengthens our position in the further exploration of the prospective tenements Coolabah Metals holds.” https://coolabahmetals.com.au/investor-centre

15/11/2022

Coolabah expand the Gunpowder Creek project with the purchase of Mining Licences 5571 & 5572

Coolabah Metals Limited has signed a binding agreement to acquire two Mining Licences with ML5572 located within our current Gunpowder Creek Project licence (EPM27733).

Highlights
• Coolabah Metals Limited has signed a Heads of Agreement for the acquisition of 100% of ML5571 & ML5572 located 45km north-west of Mount Isa.
• ML5572 is entirely within Coolabah Metals Gunpowder Creek Project EPM 27733 and very close to the Golden Sunset historic workings.
• Coolabah sampling of the Golden Sunset Prospect returned high-grade gold results 18.5g/t, 5.9g/t and 5.7g/t gold.
• Coolabah Metals Limited have recently completed our maiden reverse circulation drilling program at Gunpowder Creek, four (4) of nine (9) RC holes were designed to test the Golden Sunset historic workings adjacent to ML5572, results are expected before the end of the month.
• The acquisition of ML5572 consolidates 100% ownership of the 5 km strike of the prospective May Downs Fault within the Gunpowder Creek Project (EPM27733).

19/10/2022

LOCATION: Gunpowder Creek, QLD

Reverse circulation drilling commences at
the Gunpowder Creek Project

Coolabah Metals Limited is pleased to announce an update regarding our maiden RC drilling program commencing at Gunpowder Creek EPM27733, located 45km north-west of Mt Isa, QLD.

Coolabah Metals Limited have commenced a RC program totalling 1,500m located at our Gunpowder Creek Project near Mount Isa, Queensland. The drillholes have been designed to follow-up the recently reported high-grade gold samples collected at
historic gold workings situated along a north-north-west trending May Downs Fault.

www.coolabahmetals.com.au

19/09/2022

Coolabah Metals Limited is pleased to announce results from the recent rockchip sampling program conducted over Gunpowder Creek EPM27733, located 45km north-west of Mt Isa, QLD.
Coolabah Metals Limited Managing Director, Cameron Provost, said: “I’m pleased to report high-grade rockchip samples returning gold grades up to 21.6g/t, situated in and around the historic workings of our Gunpowder Creek Project.
"These findings have delivered drill targets for our RC drilling program, which will commence as soon as practicable”.

16/09/2022

The Coolabah Project comprises four contiguous exploration licenses covering 1,177km. The project is proximal and west of the Girilambone District copper deposits. This is an ironstone sample from EL9287. www.coolabah metals.com.au

09/09/2022

Coolabah Metals Project Geologist, Harry, on our maiden rockchip sampling program conducted over Gunpowder Creek EPM27733, located 45km north-west of Mt Isa, Qld
www.coolabahmetals.com.au

30/08/2022

Coolabah Metals Limited commissioned Xcalibur Multiphysics to conduct a HeliTEM2 airborne electro-magnetic (EM) survey in an area 12km north-west of Girilambone, NSW.
www.coolabahmetals.com.au

26/08/2022

Coolabah Metals Limited (ASX: CBH) (“CBH” or
“Coolabah Metals”) is pleased to announce an
update regarding our maiden rockchip sampling
program conducted over Gunpowder Creek
EPM27733, located 45km north-west of Mt Isa,
QLD.

https://coolabahmetals.com.au/investor-centre

23/08/2022

Coolabah Metals to acquire airborne gravity survey data at Nymagee.
Coolabah Metals Limited is pleased to announce an update regarding an airborne gravity survey conducted over
the Nymagee Project, in Central NSW.
Coolabah Metals Limited’s Nymagee Project has been incorporated into a larger regional scale airborne gravity survey conducted by the neighbouring tenement holders (Aurelia Metals Ltd ASX:AMI).
www.coolabahmetals.com.au

Address

Perth, WA
6000

Website

https://coolabahmetals.com.au/

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