Ann: Updated Nifty MRE Reaches 1M Tonnes Contained Copper, page-154

From a Newsletter that I receive [Rat's Rant]:

CYM - Cyprium Metals Limited today closed up 22% to finish at 3.9c on $580k stock traded. There was no news out today but last month they announced an upgraded mineral resource estimate (MRE) for its Nifty Copper Mine located in WA.

The Nifty measured and indicated MRE has grown to 119mt @ 0.84% pct Cu for 1 million tonnes contained copper.

The global resource figures don't include previously mined oxide ores in historically mined heap leach workings, previous management established a mineral inventory of 17Mt at an estimated remaining grade of 0.53% copper.

The Cyprium team is reviewing prior and current studies to detail the copper metal available in this potential resource and will inform the market as appropriate.

Copper surged toward US$4.6 per pound and briefly broke the threshold of US$10,000 per tonne for the first time in two years, as growing supply worries and bullish long-term demand spurred a fresh round of speculative buying.