NovaCopper Reports High Grade Drill Results at Arctic

NovaCopper (TSX:NCQ) has reported drill results from its 2015 summer program at its Arctic deposit in the Ambler mining district of Northwest Alaska. Highlights included 22 meters of 3.86 percent copper, 0.86 grams per tonne of gold, 71 grams per tonne of silver 1.15 percent lead and 5.36 percent zinc.
Overall the company completed 14 drill holes for 3,056 meters of core in total.
As quoted in the press release:

Based on a cut-off grade of 1.0% copper all holes intersected significant zones of high grade copper, gold, silver, lead and zinc mineralization – including:

• AR15-0145 intersected four mineralized intervals, including 22 meters of 3.86% copper, 0.86 g/t gold, 71.0 g/t silver, 1.15% lead, and 5.36% zinc, and 5 meters of 3.82% copper, 0.68 g/t gold, 74.7 g/t silver, 1.60% lead, and 7.21% zinc, and 6.5 meters of 6.67% copper, 0.52 g/t gold, 31.4 g/t silver, 0.20% lead, and 3.38% zinc;
• AR15-0136 intersected two mineralized intervals, including 32 meters of 3.08% copper, 1.56 g/t gold, 45.9 g/t silver, 0.18% lead, and 2.72% zinc, and 9 meters of 7.36% copper, 2.34 g/t gold, 219.3 g/t silver, 0.77% lead, and 5.00% zinc;
• AR15-0138 intersected 18 meters of 4.93% copper, 0.74 g/t gold, 102.0 g/t silver, 0.94% lead, and 5.11% zinc;
• AR15-0144 intersected three mineralized intervals, including 11 meters of 7.10% copper, 0.70 g/t gold, 80.4 g/t silver, 1.09% lead, and 9.04% zinc, and 9 meters of 4.22% copper, 0.75 g/t gold, 76.7 g/t silver, 0.82% lead, and 3.46% zinc;

Click here for the full press release.