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Copper North Announces Results of Phase 2 Drilling at Carmacks Project, Yukon
Copper North Mining Corp. (TSXV:COL) announced additional results from infill drilling at the Carmacks Cu-Au-Ag project, Yukon, Canada.
Copper North Mining Corp. (TSXV:COL) announced additional results from infill drilling at the Carmacks Cu-Au-Ag project, Yukon, Canada.
As quoted in the press release:
Following up on successes in the Phase 1 drilling completed in July and August, the Company conducted Phase 2 drilling in October and November. Copper North believes that the exploration successes of 2015 demonstrate the potential to significantly expand known oxide mineral resources on the Carmacks Cu-Au-Ag property.
Phase II, comprised drill holes CN15-23 to CN15-34, encountered oxide copper mineralization in each drill hole. The 12 holes intercepted near surface oxide copper mineralization at the south end of Zone 13 and the north end of Zone 12. Phase II drilling has expanded the known area of copper mineralization in Zones 12 and 13. The zones remain open along strike at each end and are open to depth.
Phase II Drilling Highlights
- CN15-32: 23.85 metres of 0.73% Total Cu, 0.16 g/t Au, and 2.60 g/tAg
- CN15-33: 22.34 metres of 0.59% Total Cu, 0.13 g/t Au, and 2.36 g/tAg
- CN15-29: 27.40 metres of 0.44% Total Cu, 0.11 g/t Au, and 1.96 g/tAg
- CN15-34: 19.46 metres of 0.54% Total Cu, 0.13 g/t Au, and 2.02 g/tAg
The Phase II drill results will be added to drill holes CN15-09 to CN15-22 completed in Phase I drilling (see September 8, September 23, October 22, 2015 news releases). The new resource estimate also includes drilling in Zone 2000S (see September 8, 2015 news release) and historical drill holes. The new resource estimate is in progress and has the potential to increase the resources and the life of the proposed mine. Previous estimates of resources do not include mineralization from zones 12, 13 and 2000S.
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