Base Metals

According to the press release, this phase 2, 10,000m drill program has been designed to follow up on the successful phase 1, 2017 drilling program which has validated historical data.

Copper Mountain Mining (TSX:CMMC,ASX:CMMC) has announced that it has commenced drilling at the New Ingerbelle deposit at the Copper Mountain Mine, located near Princeton in southern British Columbia.

According to the press release, this phase 2, 10,000m drill program has been designed to follow up on the successful phase 1, 2017 drilling program which has validated historical data and confirmed that mineralization is open both laterally and at depth. The objectives of the program are to continue to expand the New Ingerbelle resource area and to convert inferred resources to measured and indicated status. A total of 30 holes are planned and the results from this summer program are expected in late Q3.

As quoted in the press release:

New Ingerbelle has never been included in the mine plan of the Copper Mountain Mine, nor has the company reported any New Ingerbelle mineral reserves. Its resource categories are currently being updated with the addition of the phase 1 2017 drill data and will be further updated after the completion of this phase 2 program. The average copper equivalent grade for 35 significant drill intersections from last year’s phase 1 program is 0.48 percent (0.34 percent copper, 0.70 grams per tonne of silver and 0.22grams per tonne of gold).

Click here to view the full Copper Mountain Mining (TSX:CMMC,ASX:CMMC) press release.

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