Drilling Update: Douglas Creek IOCG Prospect, Peake Project

Copper Search Ltd (ASX: CUS) announces the completion of the second hole of the Winter 2024 Program and the commencement of an additional (third) hole at the Douglas Creek IOCG
Prospect.

The vertical diamond core drill hole 24PK14 was completed to 786m depth at the Douglas Creek IOCG Prospect at the Company’s Peake Project in South Australia’s Gawler Craton. The hole was extended from the planned 600m depth on inspection of the drill core. The drill core has been sent by truck to Adelaide and is due to arrive this week. Core cutting from the basement at 136m to the bottom of hole 786m will commence later this week at ALS Laboratories, and all samples will be submitted for assay. Assays will be released to the market in September.

At the Douglas Creek IOCG Prospect, an unplanned third hole, drill hole 24PK14-B, has commenced from the same drill pad as drill hole 24PK14. The hole will be drilled to the northeast to test the prospective coincident gravity and magnetic anomaly modelled at 300m to 800m depth.