Fabled Copper Reports on the Brad Vein Area with Values as High as 16.05% Copper

Fabled Copper Reports on the Brad Vein Area with Values as High as 16.05% Copper

 

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on it's Muskwa Copper Project. See Figure 1 below

 

Figure 1 - General Property Location

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

The Project is comprised of the Neil Property, the Toro Property and the Bronson Property all located in northern British Columbia. See Figure 2 below.

 

Figure 2 - Location Map

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

Peter Hawley, President, CEO reports; "A total of 59 specific areas were mapped and prospected during the 2022 field season. The Brad vein was visited by a 3-person field team consisting of 2 geologist and 1 geo technician on July 2, 2022 where it was sampled vertically over 255 meters from the valley floor at 1,160 meters to 1,415 meters. A total of 5 samples were collected, 3 floats and 2 grab samples. Of the 5 samples collected, 4 assayed greater than 0.5% copper. See Figure 3 below.

 

Figure 2- Toro Property, Brad Vein Location

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

Float sample D-723645 was collected at the valley floor returned and 0.65% copper whereas float sample D-723646 ,taken 8 meters vertically above, assayed 4.98% copper, 1.08 g/t gold and .61 g/t silver. Note the gold content as this is rarely seen on the property. See Table 1 and Photo 1 below.

 

Photo 1 -

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

A further 19 meters vertically above float sample D-723647 consisted of quartz with minor malachite copper alteration with 20% chalcopyrite as massive patches, disseminated and as fracture filling. This assayed an impressive 13.85% copper with 0.15 g/t Au and 7.42 g/t silver. See Table 1 and Photo 2 below

 

Photo 2 - Float Sample D-723647 - 13.85% Copper

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

A further 182 meters vertically grab sample D-723648 reported 0.74% copper with 0.02 g/t gold and 0.80 g/t silver. This sample consisted of white quartz with minor malachite copper alteration and some gray siltstone fragments and contained 1-2% chalcopyrite as patches. See Table 1 and Photo 3 below.

 

Photo 3 -

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

Final grab sample D-7223649 was taken at the highest point sampled at 1,415 meters vertically and reported only trace copper, gold silver.

 

Table 1 - Brad Vein Sample Results

 
                                    

Sample No.

Elevation

Sample Type

Copper %

Gold g/t

Silver g/t

D-723645

1,160

Float

0.65

0.07

0.09

D-723646

1,168

Float

4.98

1.08

0.61

D-723647

1,189

Float

13.85

0.15

7.42

D-723648

1,371

Grab

0.74

0.02

0.80

D-723649

1,415

Grab

0.05

0.00

0.03

 

On August 5th the same team explored the creek valley north of the Brad Vein occurrence and a total of 8 float samples were taken over a vertical elevation of 31 meters with one sample reporting an impressive 16.05 % copper with 0.84 g/t gold and 5.29 g/t silver. Note the gold and silver showing up again. Of the 8 samples taken5 reported greater that 0.5% copper.

 

At an altitude of 1,142 meters float sample D-723794 of float assayed 0.14 % copper and 0.43 g/t silver, see table 2 below.

 

Whereas, as you can see, 2 meters below sample # D-723795 of quartz with minor carbonate patches and shale / silt fragments with moderate malachite alteration and 2-3% chalcopyrite as blebs and disseminations returned 0.24% copper and 0.13 g/t silver. See Table 2 and Photo 4 below

 

Photo 4

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

A further 3 meters vertically below that last sampled, float sample D-723796 consisted of a massive quartz carbonate vein with 2-5% disseminated chalcopyrite and returned 0.55% copper with 0.68 g/t silver.

 

Yet another 3 meters vertically below a large out cropping of vein, float sample D-723797was sampled and assayed 0.94% copper with 0.42 g/.t silver. See Table 2 and Photo 5 below.

 

Photo 5

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

Two meters vertically below, float sample D-723799 composed of massive buff white quartz carbonate veining with moderate malachite copper alteration and 3-8% disseminated chalcopyrite reported 5.07% copper with 0.19 g/t gold and 2.27 g/t silver. Again, gold and silver reporting with the copper. See Table 2 and Photo 6 below.

 

Photo 6

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

An additional 11 meters vertically below, float sample # D-723800 of similar veining returned 5.51% copper, 0.62 g/t gold and 1.14 g./t silver. Again, with elevated gold and silver values along with the copper. See Table 2 and Photo 7 below.

 

Photo 7

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

Float sample D-723801, 17 meters vertically down slope of similar veining reported 0.47% copper with trace gold and 0.16 g/t silver.

 

At the floor of the valley following the creek north of the Brad Veining a large quartz vein was encountered behind a waterfall. Float sample D-723802 taken at an elevation of 1,111 meters and consisted of green - green grayish quartz with mottled brassy yellow with green spots on the chalcopyrite on a broken fresh surface. Up to 35% chalcopyrite as massive patches and blebs with 2% bornite with the chalcopyrite. This sample retuned an impressive 16.05 % Copper with 0.84 g/t gold and 5.29 g/t silver. See Table 2 and Photo 8 below.

 

Photo 8

 Fabled Copper Corp., Wednesday, November 2, 2022, Press release picture

Table 2 - Creek North of Brad Vein Assay Results

 
                                                      

Sample No.

Elevation

Sample Type

Copper %

Gold g/t

Silver g/t

D-723794

1,142

Float

0.14

0.00

0.43

D-723795

1,140

Float

0.24

0.00

0.13

D-723796

1,137

Float

0.55

0.00

0.68

D-723797

1,120

Float

0.94

0.00

0.42

D-723799

1,118

Float

5.07

0.19

2.27

D-7237800

1,129

Float

5.51

0.62

1.14

D-7237801

1,112

Float

0.47

0.01

0.16

D-7237801

1,111

Float

16.05

0.84

5.29

 

All sample locations were taken with GPS along with GPS enabled field cameras of photos of the sampled units. The photos, sample locations and all assay data pertaining to the assay taken, (36 elements were assayed) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth.

 

Going Forwards

 

The reporting of the 2022 field season works are just being compiled as assay results become available. Already the team not only found new extensions of the Brad Veining but gold-silver domain associated with the copper mineralized found in this area. This certainly appears worth while to follow up on.

 

An additional releases on the 2022 exploration program of the Muskwa area will be forth coming in the following weeks.

 

QA QC Procedure

 

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

 

Over Limit Methods

 

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

 

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

 

Ag-GRA21 Ag by fire assay and gravimetric finish.

 

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

 

About Fabled Copper Corp.

 

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

 

Mr. Peter J. Hawley, President and C.E.O.
Fabled Copper Corp.
Phone: (819) 316-0919
peter@fabledcopper.org

 

For further information please contact:
info@fabledcopper.org

 

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

 

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

 

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital

 

on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

 

SOURCE: Fabled Copper Corp.

 

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Group Eleven Drills Best Hole Yet at Ballywire: 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu, incl. 5.6m of 16.6% Zn+Pb, 370 g/t Ag and 0.86% Cu

 

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce the latest step-out drill results from the Zn-Pb-Ag horizon at its Ballywire discovery ("Ballywire") at the 100%-owned PG West Project ("PG West"), Republic of Ireland. Drilling at Ballywire's deeper, Cu-Ag target is in progress (to be reported in due course).

 

Highlights:

 
  •  25-3552-35 (a 50m step-out to the NE from previous drilling, along the Zn-Pb-Ag horizon) intersected:
    • 53.9m of 7.9% Zn+Pb (4.7% Zn and 3.2% Pb), 99 g/t Ag and 0.20% Cu, including
    •  
    •  39.7m of 9.5% Zn+Pb (5.6% Zn and 3.9% Pb), 131 g/t Ag and 0.27% Cu, including
    •  
    • 18.3m of 16.1% Zn+Pb (8.9% Zn and 7.2% Pb), 233 g/t Ag and 0.42% Cu, including
    •  
    • 5.6m of 16.6% Zn+Pb (8.0% Zn and 8.5% Pb), 370 g/t Ag and 0.86% Cu
    •  
    • True thickness is estimated to be 90-100% of the intervals noted above and below
    •  
  •  
  • Three Cu-Ag enriched zones were also intersected below the above intercept in the same hole:
    • 5.5m of 3.2% Zn+Pb (0.9% Zn and 2.2% Pb), 209 g/t Ag and 0.49% Cu, including
      • 0.9m of 2.1% Zn+Pb (1.5% Zn and 0.6% Pb), 831 g/t Ag and 2.46% Cu and
    •  
    • 0.9m of 195 g/t Ag and 0.21% Cu and
    •  
    • 3.5m of 7.1% Zn+Pb (3.5% Zn and 3.6% Pb), 134 g/t Ag and 0.34% Cu, including
      • 0.9m of 3.5% Zn+Pb (0.5% Zn and 3.0% Pb), 224 g/t Ag and 0.63% Cu 
    •  
  •  
  • These results extend the strike length of the immediate Ballywire discovery corridor from 1,250m to 1,300m, while demonstrating much thicker mineralization than previously encountered
  •  
  • This corridor is hosted within a larger 2.6km long trend of robust mineralization pierced by drilling at Ballywire to date, along a prospective trend of over 6km (defined by four regional gravity-high anomalies, only one of which has been systematically drill tested to date)
  •  
  • Today's elevated Cu-Ag values further substantiate the Company's 'deeper Cu-Ag' target (100-200m below the Zn-Pb-Ag horizon), currently being drill tested (second hole in progress)
  •  
  • Three rigs are turning at Ballywire with over 4,000m of drilling completed year-to-date; Group Eleven aims to complete 8,000-10,000m in 2025 (fully funded)
  •  

"Today's hole represents our thickest intercept yet at the Ballywire discovery, surpassing our 29.6 metres of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu announced in June 2024," stated Bart Jaworski, CEO. "Not only does this intercept extend strike and show exceptional mineralized thickness but also demonstrates zones of strong copper-silver values. This adds to growing evidence suggesting a deeper Cu-Ag horizon one to two hundred metres below the main Ballywire discovery horizon. This deeper target is currently being drilled, with one hole finished and a second started. We look forward to releasing these results as soon as assays are available. With three rigs turning each on excellent targets at Ballywire and a recently announced strengthened cash position of C$4.3 million, Group Eleven is poised to keep generating shareholder value through the drill bit for the foreseeable future."

 

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Exhibit 1. Plan Drill Hole Map of Ballywire Discovery, Showing Hole 25-3552-35

 

To view an enhanced version of this graphic, please visit:
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Exhibit 2. Long-Section of 25-3552-35 (50m Step-Out) at Ballywire

 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/257506_7a4c0f28c4b01b45_003full.jpg

 

Note: Structural interpretation above is preliminary and subject to change with further drilling and compilation

 

Ballywire Drill Update

 

The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 53 holes drilled and reported by Group Eleven to date, including the most recent hole (25-3552-35) reported today (see Exhibits 1 to 3).

 

Drilling at Ballywire continues with three rigs. Currently, eight (8) new holes are completed (and in the process of being logged, sampled and assayed). Six of these holes are shown in Exhibit 1, with two other holes near gravity-high anomaly 'D' (located 1.3km to the ENE). Recently strengthened financial position provides Group Eleven flexibility to either ramp-up drilling in 2025 and/or extend its runway for drilling well into 2026.

 

Assays from 25-3552-35 are summarized below (see Exhibit 3). Strong mineralization starts to occur within the Waulsortian Limestone at 120.6m downhole and continues intermittently until 187.9m, at which point, mineralization becomes more consistent through to near the base of the Waulsortian Limestone at 242.9m. Below the Waulsortian Limestone, several horizons of elevated copper-silver occur. Mineralization consists predominantly of sphalerite, galena and pyrite, with the copper-silver bearing zones also containing chalcopyrite and suspected tennantite-tetrahedrite.

 

Exhibit 3. Summary of Assays from 25-3552-35 at Ballywire

 
                                                                                                                                                                                             
Item From
(m) 
 To
(m) 
 Int
(m) 
 Zn
(%) 
 Pb
(%) 
 Zn+Pb
(%) 
 Ag
(g/t) 
 Cu
(%) 
25-3552-35120.58121.490.9110.852.9013.75235.00.03
And148.67149.620.9516.904.0520.9569.60.02
And155.22156.150.936.160.676.8318.50.01
And163.74177.6313.893.610.574.179.40.00
Incl.173.19177.634.445.081.146.2218.60.01
Incl.174.98175.910.9310.202.7212.9247.10.02
And187.88241.8253.944.723.187.8999.30.20
Incl.202.15241.8239.675.613.859.45131.10.27
Incl.212.55230.8118.268.897.1816.06233.10.42
Incl.212.55224.2111.6611.609.9921.59207.80.34
Incl.221.33226.965.638.038.5416.57370.00.86
Incl.222.32223.250.9316.2018.9035.10556.01.13
And238.21241.823.610.410.170.5896.40.54
Incl.240.92241.820.900.820.551.37223.01.27
And252.32257.805.480.942.223.16208.80.49
Incl.252.32254.091.772.013.685.69616.81.50
Incl.252.32253.200.881.480.632.11831.02.46
And263.23264.150.920.010.080.09195.00.21
And268.70272.153.453.503.557.06133.70.34
Incl.271.27272.150.880.502.993.49224.00.63
 

 

 

Note: True thickness of the mineralized interval in hole 25-3552-35, as a percentage of the down-hole interval, is estimated to be 90-100%

 

Notes to Exhibit 4: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

 

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Exhibit 4. Regional Map of Ballywire Discovery

 

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Qualified Person

 

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.

 

Sampling and Analytical Procedures

 

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.55m to 1.32m with an average (over 188 samples) of 0.92m. The half-core samples are bagged, labelled and sealed at Group Eleven's core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70%

Quality Assurance/Quality Control (QA/QC) Information

 

Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

 

About Group Eleven Resources

 

Group Eleven Resources Corp. (TSX.V: ZNG; OTCQB: GRLVF and FRA: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

 
  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  •  
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  •  
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  •  
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  •  
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
  •  
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  •  
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  •  
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  •  
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
  •  
  • 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)
  •  

Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit2. The Company's two largest shareholders are Michael Gentile (15.3%) and Glencore Canada Corp. (15.2% interest). Additional information about the Company is available at www.groupelevenresources.com.

 
 

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer

 

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.webb@groupelevenresources.com | T: 604-644-9514

 
 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward-Looking Information

 

Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the current project or property being disclosed. This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

 

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Questcorp Mining Engages Marketing Consulting Firm Spark Newswire

Questcorp Mining Engages Marketing Consulting Firm Spark Newswire

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the "Company" or "Questcorp") is pleased to announce it has entered into a marketing consulting services agreement (the "Spark Agreement" or the "MSA") with Spark Newswire Inc. ("Spark") pursuant to which, among other things, Spark is to provide certain promotional services to the Company.

Spark are very selective in the clients they work with, only partnering with organizations that have a well-deserved reputation for quality and credibility and only working with one organization within a particular market sector at a time. Spark's goal is to integrate with their client's values and core brand narratives, becoming an extension of the overall corporate and capital markets team, assisting in building shareholder equity, brand equity and overall market awareness.

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