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Reservoir Minerals Drills 835.8 Meters of 1.05 Percent Copper Equivalent
Apr. 15, 2016 09:10AM PST
Base Metals Investing Reservoir Minerals (TSXV:RMC) provided an update on exploration drilling at its Cukaru Peki Deposit in eastern Serbia. Highlights included an intercept of 835.8 meters grading 1.05 percent copper equivalent. As quoted in the press release: Drill intercepts from 3 drill holes TC150060, TC150060a and TC 160066 through the porphyry mineralization are reported, and include TC150060 with …
Reservoir Minerals (TSXV:RMC) provided an update on exploration drilling at its Cukaru Peki Deposit in eastern Serbia. Highlights included an intercept of 835.8 meters grading 1.05 percent copper equivalent.
As quoted in the press release:
Drill intercepts from 3 drill holes TC150060, TC150060a and TC 160066 through the porphyry mineralization are reported, and include TC150060 with an intersection of 835.8 metres from 1258.0 to 2093.8 metres (estimated vertical thickness 834.75 metres) grading 0.92% copper and 0.22 grams per tonne (g/t) gold for 1.05% copper-equivalent.
Dr. Simon Ingram, President and CEO of Reservoir Minerals, commented:
“We are pleased to report the latest positive drilling results from the Lower Zone drilling program at the Cukaru Peki deposit. Currently there is one drill rig completing a pump-test well prior to resuming infill drilling of the Upper Zone and the Company is awaiting assays on another 12 Upper Zone holes and 3 Lower Zone holes that have already been completed.”