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Superior Copper Corporation (TSXV:SPC) has discovered a new zone of copper-silver-gold mineralization at its wholly owned Superior Project. Highlights from drilling included drill hole SPC-14-01 intersecting 1.26 percent copper, 9.89 g/t silver, and 0.10 g/t gold over 5.5 metres.
Superior Copper Corporation (TSXV:SPC) has discovered a new zone of copper-silver-gold mineralization at its wholly owned Superior Project. Highlights from drilling included drill hole SPC-14-01 intersecting 1.26 percent copper, 9.89 g/t silver, and 0.10 g/t gold over 5.5 metres.
As quoted in the press release:
SPC-14-01 was drilled vertically at UTM 16T 5212800mN, 671750mE to a total depth of 951.7 m. Mineralization occurs as disseminated to semi-massive chalcocite in a fault bounded hydrothermally altered Keweenawan basalt unit. Additional drilling is needed to determine the attitude of the copper-bearing zone. With this discovery, the Company’s management has decided to retain a second drill rig to continue to develop this new mineralized zone. The original diamond drill rig will continue on iron-oxide-copper-gold (“IOCG”) targets identified by Superior’s geologists and geophysical surveys as previously announced in the Company’s news release on June 3, 2014.
Click here to read the Superior Copper Corporation (TSXV:SPC) press release
