Chibougamau Extends C-3 Zone at Bateman Bay

- April 4th, 2019

Chibougamau Independent Mines (TSXV:CBG) has extended the C-3 copper-gold zone at its Bateman Bay property located in Quebec, Canada.

Chibougamau Independent Mines (TSXV:CBG) has extended the C-3 copper-gold zone at its Bateman Bay property located in Quebec, Canada.

As stated in the press release:

Recently, CIM completed two drill holes in an effort to extend the C-3 zone along strike and to depth. Hole BJ-19-17 intersected the C-3 copper/gold zone at vertical depth of 330 m (1,083 ft) and approximately 25 m (82 ft) further southeast of hole BJ-16-16. According to the onsite geologist, the drill hole intersected approximately 24 m (78.7 ft) of stringer chalcopyrite with some pyrrhotite.

A step-out hole BJ-19-18 was then done and intersected the C-3 zone, an additional 40 m (131 ft) to the southeast and 115 m (377 ft) below BJ-19-17. According to the onsite geologist, BJ-19-18 intersected 11.8 m (38.7 ft) of stringer, chalcopyrite with some pyrrhotite. Mineralization in the Chibougamau Mining Camp are typically stringer sulphides.

The core is currently being logged and split for assay. True widths have not yet been determined. These drill holes have now shown that the C-3 zone extends from surface to at least a vertical depth of 450 m (1,476 ft) and is open in all directions.

Click here to read the full press release from Chibougamau Independent Mines.

Are gold stocks a good idea for 2019?


Get your free market forecast today

Get the latest Copper Investing stock information

Get the latest information about companies associated with Copper Investing Delivered directly to your inbox.

Copper Investing

Select All
Select None

Leave a Reply

Your email address will not be published. Required fields are marked *