Cyprium Metals Ltd: Trading Halt and Exploration Updates
Cyprium Metals Ltd, an Australian materials exploration company specializing in copper projects, has recently experienced a trading halt. This development was announced on August 25, 2025, by hotcopper.com.au. The halt in trading is a significant event for the company, which is listed on the ASX All Markets with a market capitalization of 63,980,000 AUD. As of August 21, 2025, the company’s close price was 0.031 AUD, with a 52-week high of 0.038 AUD on September 29, 2024, and a low of 0.014 AUD on April 6, 2025. The company’s price-to-earnings ratio stands at -1.58, indicating a challenging financial period.
In addition to the trading halt, Cyprium Metals Ltd has released its half-yearly report and accounts, providing insights into its financial performance and strategic direction. The report, dated August 25, 2025, includes a consolidated financial statement for the half-year ended June 30, 2025. Key components of the report include the directors’ report, consolidated statements of comprehensive income, financial position, cash flows, changes in equity, and notes to the financial statements. The corporate directory lists Mr. Peter Gunzburg as the Independent Non-Executive Chairman, Mr. Brett Smith as the Executive Director, and Mr. Grahame White and Mr. Patrick O’Connor as Independent Non-Executive Directors. Ms. Natalie Teo serves as the Company Secretary, with Mr. Daniel Broughton as the Chief Financial Officer.
In parallel, Cyprium Metals Ltd is advancing its exploration activities, particularly at the Grace Gold Project in the Paterson Province. An 8,500-meter RC drilling program is set to commence in early September 2025, targeting a JORC compliant Indicated Mineral Resource Estimate, expected to be released in the March quarter of 2026. The drilling program aims to follow up on high-grade gold intervals, including significant findings such as 15 meters at 4.03 grams per tonne of gold from 77 meters, and 35 meters at 2.34 grams per tonne of gold from 91 meters.
Furthermore, Antipa Minerals Ltd, a separate entity, has reported new gold intersections at its Fiama site within the Minyari Gold-Copper Project. These intersections include 33 meters at 15.6 grams per tonne of gold and 0.28% copper from just 88 meters below the surface, highlighting the potential for significant mineralization in the region.
These developments underscore the dynamic nature of the exploration sector, with companies like Cyprium Metals Ltd and Antipa Minerals Ltd actively pursuing opportunities to enhance their resource portfolios amidst financial and operational challenges.