A key outcome of the drilling was the identification of the Luhr Hill granite, a unit not previously known to exist on the company’s properties.
Abacus Mining and Exploration Corporation (TSXV:AME) has announced that it has successfully completed an initial three hole diamond drilling program on the company’s Willow and adjacent Nev-Lorraine properties in the Yerington copper camp, southeast of Reno, Nevada.
According to the release, a key outcome of the drilling was the identification of the Luhr Hill granite, a unit not previously known to exist on the company’s properties. The discovery is significant because the copper mineralization in all known porphyry copper deposits in the Yerington copper camp is associated with this unit or with granite porphyry dykes that radiate outwards from the Luhr Hill granite. The nearest previously known occurrence of the Luhr Hill granite is within the major Ann Mason porphyry copper deposit approximately seven kilometres to the east of Willow.
President of Abacus, Paul G. Anderson said:
“The identification of the Luhr Hill Granite on Willow and Nev-Lorraine, the metal producing rock for the known porphyry copper deposits at Yerington represents a key new discovery in the district. The recent drilling has thus validated the model developed over the past year on the property, and will allow the company to continue to vector in on areas of mineralization.”