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Canyon Copper Corp. (TSXV:CNC,OTCBB:CNYC) plans to revise 2010 Longshot Ridge resource estimate at Longshot Ridge. The 33 drill holes in 2006, comprised of 26 reverse circulation holes totaling 8,818 ft (2,688 meters) and 7 HQ core holes totaling 2,805 feet (855 meters), were not included in the 2010 resource estimate due to extremely high variability in the duplicate, blank and standard check samples. As well, Canyon announced that it has started permitting for a shallow reverse drill program at the Moonlight Property.
Canyon Copper Corp. (TSXV:CNC,OTCBB:CNYC) plans to revise 2010 Longshot Ridge resource estimate at Longshot Ridge. The 33 drill holes in 2006, comprised of 26 reverse circulation holes totaling 8,818 ft (2,688 meters) and 7 HQ core holes totaling 2,805 feet (855 meters), were not included in the 2010 resource estimate due to extremely high variability in the duplicate, blank and standard check samples. As well, Canyon announced that it has started permitting for a shallow reverse drill program at the Moonlight Property.
As quoted in the press release:
Proposed Drill Program on Longshot Ridge
In late 2012, Canyon plans to drill test oxide mineralization that was identified to the north and northeast of the Longshot Ridge deposit. Two other areas of oxide copper occur in the north central part of the claims, the Buffington Springs and the Powerline Showings. These have yet to be assessed but have potential as additional sources of oxide copper. Historically, high grade oxide copper was hand mined from these two areas for direct shipment.
Proposed Drill Program on Moonlight Property
Canyon is also pleased to announce that it has started permitting for a shallow reverse drill program at the Moonlight copper oxide deposit in order to establish a resource estimate of the oxide mineralization in a manner compliant with NI 43 101 regulations. The drill program is planned for early summer 2012 and will be greatly facilitated by the network of new logging roads in the area. In support of this work the old drill core, in storage in nearby Crescent Mills, will be re-logged to confirm the limits of the oxide mineralization.
Click here to read the Canyon Copper Corp. (TSXV:CNC,OTCBB:CNYC) press release
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