The company said the results warrant further drilling to fully delineate this attractive target.
Abacus Mining and Exploration (TSXV:AME) has released assay results from recently completed drilling on the company’s Willow and adjacent Nev-Lorraine properties in the Yerington copper camp, southeast of Reno, Nevada. The properties are collectively known as the Willow project.
As quoted in the press release:
Hole 002 was the deepest of three holes drilled, and the results demonstrate that both copper and molybdenum mineralization are present throughout the hole but are concentrated at depth associated with the Luhr Hill granite. The copper values, in the 0.1 percent to 0.2 percent copper range, indicate possible close proximity to a porphyry copper center. The results warrant further drilling to fully delineate this attractive target.
Of particular significance besides the copper values, are the molybdenum values seen in these holes. The molybdenum values at Willow are similar in tenor to the large Ann Mason deposit to the east, where the measured and indicated molybdenum resource is quoted at 0.006 percent. Molybdenum values are a particularly strong indicator that you are close to a porphyry copper center.