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    copper-investing

    Ero Copper Intersects 77 Meters Grading 2.20 Percent Copper in New Discovery

    Scott Tibballs
    Sep. 25, 2018 09:19AM PST
    Base Metals Investing

    The discovery was made as part of an ongoing drill program at its 99.6-percent owned Vale do Curaçá property located in Bahia State, Brazil.

    Ero Copper (TSX: ERO) has released a quarterly update on the ongoing exploration drill programs at its Pilar, Vermelhos and Surubim mineral districts, all part of its 99.6-percent owned Vale do Curaçá property located in Bahia State, Brazil.

    As highlighted in the press release:

    • A new discovery at the Vermelhos mine highlighted by drill hole FVS-261 that intersected 76.7 meters grading 2.20 percent copper, including 15.0 meters grading 3.06 percent copper and 10.0 meters grading 5.74 percent copper. This intercept represents a new zone of mineralization located east and approximately 140 meters below all previously defined mineral resources, reserves and planned infrastructure at the Vermelhos mine.  To date, mineralization within the new zone has been interpreted as a sub-vertical zone extending from surface (defined by previously announced copper oxide drill results) to approximately 400 meters below surface, at an average distance of 100 meters east of the main Vermelhos orebodies. To date, the zone has been intersected at depth by six holes over a total horizontal distance of approximately 350 meters.  The zone remains open to depth and along strike. Drilling is underway to evaluate the geological relationships between the new discovery, the main Vermelhos orebodies and the newly announced Vermelhos West deposit, located approximately 1.1 kilometers north-northeast of the new discovery.
    • Within the Vermelhos Mine’s main orebodies, drill results, highlighted by hole FVS-254 that intersected 19.3 meters grading 9.98 percent copper, hole FVS-275 that intersected 6.9 meters grading 10.74 percent copper and 5.3 meters grading 2.21 percent copper and hole FVS-307 that intersected 12.5 meters grading 5.25 percent copper, represent expansions as well as extensions to the north and south, respectively, of the newly defined mineral resource and reserve models used in the recent NI 43-101 Update.

    Click here to read the full Ero Copper (TSX:ERO) press release.

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