• Noel Ong

Why Cyprium Metals Limited (ASX: CYM) is a Different Copper Producer

Coffee with Samso Episode 108 with Barry Cahill, Executive Director of Cyprium Metals Limited (ASX:CYM)

As the only small cap company on the ASX that is on the verge of becoming a copper producer, Cyprium Metals Limited, is making all the right noises.

In this episode of Coffee with Samso Barry shares with us what the Cyprium business is all about. We get a good insight into how the business works and why this is a simple business that will just happen. This is not to say that it is "simple", but it is more to say that Barry Cahill and his team have done this often enough to know what should work, will work and how to fix if it is not working.

Cyprium Metals is the only player in this space as a small cap copper producer. For this reason, I feel that this is a good bet for those interested to have exposure in this small capitalisation arena. The unvalued Nanadie Well Copper-Gold Project is one of the upsides for the company.


00:00 Start

00:15 Introduction

01:16 Barry updates company activities.

02:15 Why is Cyprium different?

05:02 The process of Heap Leaching

11:28 How long is a slow reach for Chalcopyrite?

12:36 The key to the process is Cyprium's IP.

13:45 What is the room for error?

16:35 Heap Leach is not as easy but not difficult.

19:28 Is there a critical step in the whole Heap Leach process?

22:06 Is there such a thing as a Pilot Plant for Heap Leach Process?

23:25 In the process of Heap Leach, is there a "spanner" in the mix?

25:15 Is there a critical price that will kill the business?

26:29 Thoughts on ESG pushing costs up.

28:22 Other projects.

30:18 Could CYM spin out Nanadie Well?

30:44 Why Nanadie Well looks good.

32:28 Reasons why Samso Likes CYM.

34:28 CYM is in the middle of a period of no interest.

36:05 Why investors should do serious DYOR at Cyprium.

40:59 Conclusions


About Barry Cahill

Executive Director

Mr. Cahill is a mining engineer with over 30 years’ experience in exploration, operational mining and management. In particular, his experience covers management of project development and construction from exploration drilling through project funding, commissioning and development. He was the Managing Director of Finders Resources Limited from 2013 until its takeover in 2018. Mr. Cahill has previously been Executive Director of a number of public companies including Operations Director at Perilya Limited and Managing Director of Australian Mines Limited and Norseman Gold Plc.

About Cyprium Metals Limited (ASX:CYM)

Cyprium Metals Limited (ASX: CYM) is an ASX listed company headquartered in Perth, WA, that is poised to grow to a mid-tier mining business and manage a portfolio of Australian copper projects to deliver vital commodities, strong shareholder returns and sustainable value for our stakeholders.

Cyprium has projects with mineral resources of 200,000 tonnes of copper (Hollandaire 51.5kt JORC 2012 and Nanadie Well 151.5kt JORC 2004) and 100,000 ounces of gold (Hollandaire 28.8koz JORC 2012 and Nanadie Well 74.2koz JORC 2004) in the Murchison region, an established Western Australian mining jurisdiction, which includes the Cue Copper Project and the nearby Nanadie Well Copper-Gold Project.

Cyprium has a highly credentialed executive management team in place with a meaningful equity investment, to target projects that have a copper mineral resource, with sulphide mineralisation and high sulphide content, together with excellent potential to increase the size of the mineral resource.

The development of the projects will be optimised using low-cost sulphide heap leach, which is ideal for stranded projects, problematic mineralogy, lack of scale and/or challenging locations. Innovative processing solutions will be used with the aim of producing final metal product on site to maximise value.

Cyprium pursues their strategy with all of their stakeholders, which includes employees, global markets, suppliers, shareholders, communities and government, that is based on integrity, co-operation, transparency and mutual value creation.


The information contained on this website is the writer’s personal opinion and is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. Read full Disclaimer.

Share to Grow: Your Bonus

Samso has just released an eBook: How to Add Value to your Share Portfolio

A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook.

If you find this article informative and useful, please help me share the information.  I try and write about topics that are interesting and have the potential to be of investment value.  It is not easy to find stories that fit those parameters. If you or your organisation see the benefit of what Samso is trying to achieve and have a need to share your journey, please contact me on noel.ong@samso.com.au.

About Samso

Click on image above for Coffee With Samso investment column featured on Brilliant-Online.

Our new Brilliant partnership allows us to distribute stories from ASX companies and private businesses to a wider community. As subscribers to Samso, you will find Brilliant stories inspiring.