gold analysis

Interra Copper Corp. Announces Commencement of Operations for Its 2021 Drilling & Exploration Program

The Company expects the camp to be fully operational by July 1st

Interra Copper Corp. (CSE:IMCX)(OTCQB:IMIMF)(FSE:3MX) ("Interra" or the "Company") is pleased to announce the 2021 summer exploration program has begun on our 100% owned, 206.58 square kilometre Thane property in north central British Columbia

The 2,400-metre drill program in eight drill holes has been designed to test high-priority targets at the Cathedral area, which were defined during last year's surface sampling and IP program. In addition to drilling, the company will also be undertaking geological mapping, sampling and IP surveying in other areas of the property to advance known areas of copper-gold mineralization.

There are currently team members on the ground whom are preparing for the arrival of additional staff on July 1st. The team will begin immediately to build the 7 pads required for the initial drill program with drilling scheduled to commence on or before July 15. This initial drill program is expected to take approximately 40 days to complete. Concurrently, additional ground geophysics, mapping and sampling will take place in other areas of the property and these programs are expected to be complete in early September.

Dave McMillan, Interim Chief Executive Officer, stated: "We have identified high-priority zones defined by IP chargeability highs with supporting copper and gold mineralization from both soil and rock samples, and we are excited to be able to test the depth potential of these targets by diamond drilling this summer. Our team has developed a workflow that will utilize a portable XRF [X-ray fluorescence] with the goal of increasing the turnaround time for obtaining reliable geochemical results. All samples will be submitted to ALS laboratories for multi-element and gold analyses, but the infield analysis will allow the company to prioritize additional drilling past the planned 2400 meters. Interra has a strong cash position and the team is progressing on schedule and we look forward to maximizing our exploration window and achieving positive results."

ON BEHALF OF Interra Copper CORP.
David McMillan
Interim Chief Executive Officer and Director
Telephone: +1-604-588-2110

INVESTOR RELATIONS:
Email: invest@interracopper.com
Telephone: +1-604-588-2110
Website: https://interracopper.com

ABOUT Interra Copper CORP.
Interra is a junior exploration and development company focused on creating shareholder value through the advancements of its current assets that include the Thane Property in north-central British Columbia, and the Bullard Pass Property in Arizona. Utilizing its heavily experienced management team, IMC continues to source and evaluate assets to further generate shareholder value.

The Thane property covers approximately 206 km2 (50,904 acres) and is located in the Quesnel Terrane of north-central British Columbia, midway between the previous operated open pit Kemess Mine and the currently operating open pit Mount Milligan mine, both two copper-gold porphyry deposits. The Thane property includes several highly prospective mineralized areas identified to date, including the ‘Cathedral Area' on which the Company's exploration is currently focused.

Forward-Looking Information
This news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions.

SOURCE: Interra Copper Corp.



View source version on accesswire.com:
https://www.accesswire.com/653458/Interra-Copper-Corp-Announces-Commencement-of-Operations-for-Its-2021-Drilling-Exploration-Program

News Provided by ACCESSWIRE via QuoteMedia

The Conversation (0)
Interra Copper (CSE:IMCX)

Interra Copper

Exploring Prolific Assets in Established Copper Belts in Canada and Chile

Exploring Prolific Assets in Established Copper Belts in Canada and Chile Keep Reading...
Peruvian Metals Provides Corporate Update on Production, New Tailings Results and the Process to Re-Instate the OTCQB Listing

Peruvian Metals Provides Corporate Update on Production, New Tailings Results and the Process to Re-Instate the OTCQB Listing

Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to provide a corporate update regarding 2026 production at the 80% owned Aguila Norte Processing Plant ("Plant"), new sample results from the tailings area and the reinstatement on the... Keep Reading...
Gold nuggets with text: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: BPM Minerals Gains 111 Percent

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, antimony, lithium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
Peter Schiff, gold bar.

Peter Schiff: Gold, Silver, Energy, Value Stocks — 2027 Opportunities

Peter Schiff, chief economist and global strategist at Euro Pacific Asset Management and founder of Schiff Gold, sees lower gold and silver prices as a buying opportunity.He believes part of the reason for their decline is that markets are overestimating the strength of the American economy, as... Keep Reading...
Chris Temple, gold bars.

Chris Temple: Gold Price Rout Not Over, Watch for This Green Light

Chris Temple, founder, editor and publisher of the National Investor, lays out what's weighing on the gold price right now and what would prompt a turnaround.In his view, the light will turn green for metals once the US Federal Reserve stops talking about fighting inflation, with gold's rebound... Keep Reading...
Omar ayales, gold bars.

Omar Ayales: 2 Gold Price Scenarios, Plus What I'm Buying Now

Is the gold price setting up for a 2012 scenario, or can it stage a rebound? Omar Ayales of Gold Charts R Us laid out two potential scenarios — one where gold sinks to US$3,000 per ounce, and one where it gets back to US$4,700. Don't forget to follow us @INN_Resource for real-time... Keep Reading...
Shiny gold bar rests on financial chart with fluctuating orange and blue lines.

Stored, Safe and Spendable: How Technology is Changing Gold Ownership

Gold has long been treated as a store of value, often leading to selling the metal to generate cash from it. Digital ownership and payment technology are reshaping that idea.Demand data from the World Gold Council (WGC) shows that investors continue to accumulate gold as a long-term holding.... Keep Reading...

Interactive Chart

Latest Press Releases

Related News