Thirty-two individual samples assayed greater than 1.00 percent copper, with a high of 9.00 percent copper.
Prize Mining (TSXV:PRZ) has announced that underground channel sampling at the Manto Negro copper project in Coahuila state, Mexico has returned consistently high copper grades.
According to the release the weighted average copper content of the channels was 2.62 percent, with a range of 0.65 to 4.82 percent, over an average channel height of 1.7 metres. Thirty-two individual samples assayed greater than 1.00 percent copper, with a high of 9.00 percent copper. Eleven individual samples returned silver assays greater than 100 grams per tonne (g/t) and up to 199g/t silver, and eight samples assayed more than 1.0 percent lead, to a maximum of 2.78 percent lead.
President and CEO of Prize Mining, Michael McPhie said:
“These consistent, exceptionally high-grade results continue to demonstrate the tremendous opportunity at Manto Negro. We are fortunate to have these underground exposures at El Granizo and the Pilar Grande mines as they provide a significant amount of information on the continuity and high grade of the copper mineralization. We currently have a diamond drill operating at both sites. These represent just two of over thirty five major showings throughout our property and the results from this drilling will result in an even more comprehensive model of the mineralization over a larger area.”