This one is ifnally coming under notice.China Yunnan Copper...

This one is ifnally coming under notice.

China Yunnan Copper Australia Limited (CYU) yesterday saw its shares rise 1.5c to 17c and touch 19c after reporting further encouraging results from its follow up exploration reverse circulation (RC) and diamond drilling program at the Gem prospect on its Cloncurry North project.

A total of ten RC drillholes totalling 1,641 metres and three diamond core holes totalling 417.6 metres have been completed.


CYU considers these results very important in terms of
discovering a significant iron oxide-copper-gold (IOCG) system.

CYU is an Australian company formed to explore for and develop minerals in Australia and overseas.


Cornerstone investor, Yunnan Copper Industry (Group) Co Ltd,
(almost 22 per cent) is one of China's largest copper producers.

CYU is targeting high-quality copper, gold and uranium projects with eleven wholly owned Exploration Permit for Minerals (EPMs) in the Mt Isa Inlier, Ravenswood-Pentland Province and the Clermont Inlier in Queensland.

(RWE Aust Business News)

11/06:

Sydney - Thursday - June 11: (RWE Australian Business News) -
China Yunnan Copper Australia Ltd (ASX:CYU) today announced "encouraging
results" from its first-pass exploration reverse circulation (RC)
drilling program at the Gem Prospect on its previously undrilled
Cloncurry North Project in Queensland.
A total of five RC drillholes for 670m were completed in May.
Holes were drilled to test the Gem mineralised trend and
geophysical-geochemical anomalies associated with surface copper
mineralisation and magnetic responses.
CYU considers these results "very important" in terms of
discovering a significant iron oxide-copper-gold (IOCG) system.
Mineralisation remains open down dip and along strike.
An ongoing stepout drill program is planned to delineate the
scale of the Gem Prospect.

*****

The Gem Prospect comprises a series of sub-parallel mineralised
zones trending northwest.
Early interpretation has defined three trends, labelled West
Zone, Central Zone and East Zone.
These zones feature a series of sub-parallel
quartz-pyrite-chalcopyrite-haematite breccias.
Numerous old workings are observed on the surface of the
prospect with an overall strike length greater than 650m.
Recent first-pass drilling of these zones has returned
encouraging results, warranting follow-up in this virgin prospect.
The East Zone, tested by GR-001, returned a low-grade,
near-surface copper intersection of 21m at 0.12pc copper and 0.05g/t
gold from 55m down-hole depth.
The Central Zone, tested by GR-003, returned a previously
reported near-surface copper-gold intersection of 38m at 1.25pc copper
and 0.20g/t gold from 33m down-hole depth, including a high-grade
interval of 22m at 1.96pc copper and 0.29g/t gold.
The West Zone was not adequately tested by GR-004 and GR-005
because both holes failed to reach target depth due to a combination of
factors including rig suitability to terrain and drilling conditions.
GR-002 was drilled to target a spot geochemical and Niton XRF
anomaly unrelated to the three main zones with no significant results
returned.