First Quantum Minerals has selected three Copper Target Areas within Zincore Metals Inc. (TSX:ZNC) Accha Zinc Oxide District (AZOD) for further exploration.
As quoted in the press release:
As previously outlined in Zincore’s news release of November 27th, the two companies have been conducting a regional copper exploration program on Zincore’s AZOD properties with the goal of delineating Copper Target Areas. As the result of this work, First Quantum has determined that three AZOD locations; Larisa, Gema and Alcatraz (formerly referred to as Laca-Laca), have sound potential to be further explored for potentially developing as copper projects.
To view maps of the new Copper target Areas showing radiometric, geological and, geochemical information, please click here: http://www.zincoremetals.com/en/projects/copperExploration_map.php
Zincore CEO and President, Jorge Benavides, said:
ncluding our Dolores project where First Quantum has recently moved to the second earn-in stage, we now have four high-priority copper porphyry targets, with work programs that will be funded by First Quantum, in an area that is undergoing intensive copper project development. This represents tremendous value to our Company and shareholders, especially when considering First Quantum’s industry-acknowledged technical excellence and area-specific expertise gained from work at their nearby Haquira project.