Copperstone Resources has reported copper assay results from drilling at the Granliden Hill project in northern Sweden.
Copperstone Resources (NASDAQ:COPP_B) has reported copper assay results from drilling at the Granliden Hill project in northern Sweden.
According to the press release, the highlight of the results is 62m of continuous chalcopyrite mineralization intercept from 744-806m returning 0.47 percent copper and 3.3 grams per tonne (g/t) of silver, and containing a 10m zone from 752-762m returning 1.28 percent copper and 9.2 g/t of silver.
As quoted in the press release, chief executive of Copperstone Chris McKnight said:
“This by far is the most significant drill intercept we have found from the 2017-2018 drill campaigns. This is a tremendous result in pursuit of the porphyry-style system we believe exists here. It is very encouraging that the mineralization under and around Granliden Hill is extensive. A near continuous 62m of chalcopyrite containing 0.47 percent copper and 3.3g/t silver from 744-806m shows us that the deep system is there, as we expected. This copper mineralization must be coming from an intrusive somewhere nearby to this drill hole and we are drilling now to try and find that source. Each new deep drill hole is generating brand new geological information on this exciting discovery quest. Our targeting is building steadily, our knowledge of the big geology picture is building steadily, and we hope in this summer to finally strike that causative source.”