• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Canyon Copper Updates on Longshot Ridge and Moonlight Property

    Investing News Network
    Mar. 12, 2012 07:54AM PST
    Base Metals Investing
    OTCBB:CNYC

    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
    Click here to see the Canyon Copper Corp. (TSXV:CNC,OTCBB:CNYC) profile.

    tsxv:cncotcbb:cnyccopper oxide
    The Conversation (0)

    Go Deeper

    AI Powered
    Osisko Metals Intersects 731 Metres Averaging 0.29% Cu at Gaspé

    Osisko Metals Intersects 731 Metres Averaging 0.29% Cu at Gaspé

    A person's hand holds a piece of copper metal ore above a blurry copper-colored background.

    What's the Next US Copper Mine? 27 Copper Projects to Watch

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×