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Crown Mining has given an update on its Engels Mine evaluation, which is part of the Moonlight-Superior project in California.
Crown Mining (TSXV:CWM) has given an update on its Engels Mine evaluation, which is part of the Moonlight-Superior project in California’s Lights Creek Copper District.
As stated in the press release:
During a recent compilation of historical documents, a 1966 resource calculation by Placer AMEX was found that identified a near surface geologic resource of approximately 20 million tons grading 0.65 percent copper adjacent to the historic underground Engels’ mine workings. While not enough qualified work has been done on this estimate to classify it as a current mineral resource, it does suggest the potential for developing a previously unrecognized area of mineralization into a viable resource.
Additionally, other reports and maps have identified a large area lying east of the historic mine, containing at least 15 outcrop or prospect pit showings of copper mineralization. Assay results from 44 samples collected from these showings ranged from 0.3 percent to 13.3 percent copper with elevated silver and gold credits. Additional work, including drilling, will be necessary to determine the significance of these showings.
In response to these positive developments, Crown staked an additional 35 federal mining claims covering this newly recognized area of potential as reported in the news release of February 6, 2019. A drill program to evaluate this new target area is now being prepared.
Click here to read the full press release from Crown Mining.