interra copper corp.

Interra Copper Corp. Commences Core Drilling for its 2021 Program

Interra Copper Corp. (CSE:IMCX)(OTCQB:IMIMF)(FRA:3MX) ("Interra" or the "Company"), is pleased to report that our maiden drilling program has commenced on our 206 square kilometer Thane Property in North Central B.C. This prospect has never been drilled. The camp has been functioning since the beginning of July, with 8 drill pads built, and ground crews mapping and sampling key areas

This Phase 1 drilling program will consist of a minimum of 2,400 meters in 8 locations designed to test highly anomalous zones of coincident IP chargeability, (+/- resistivity and magnetics), soil and outcrop geochemistry and geology in the Cathedral area identified in the Company's previous exploration program including a large prospective copper gold porphyry target and what appears to be structurally controlled and enriched mineralization.

This maiden drill program is expected to take approximately 40 days to complete with the final core to be shipped to ALS lab no later than mid-September. In addition to drilling, the company will also be continuing the geological mapping, sampling and ground geophysics in other areas of the property to advance these known areas of copper-gold mineralization to the drilling stage.

Dave McMillan, Interim Chief Executive Officer, stated: "With the drill now turning our ground teams will work in tandem with the drilling team to maximize our efficiency. Our workflow includes 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 in field analyses will allow the company to prioritize additional drilling past the planned 2400 meters. We remain in a strong cash position and look forward to presenting results as received for the initial drilling program."

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 to the north and the currently operating open pit Mount Milligan mine to the south, both large 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/656423/Interra-Copper-Corp-Commences-Core-Drilling-for-its-2021-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...
Standing gold bar in front of stacks of gold bars. Words read "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Belo Sun is Radiant with 109 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.On Tuesday (February 17) Canadian Prime Minister Mark Carney announced the creation of... Keep Reading...
TSX and TSXV website on phone screen.

Gold and Silver Stocks Dominate TSX Venture 50 List

This year's TSX Venture 50 list showcases a major shift in sentiment toward the mining sector. The TSX Venture 50 ranks the top 50 companies on the TSX Venture Exchange based on annual performance using three criteria: one year share price appreciation, market cap growth and Canadian... Keep Reading...
Ole Hansen, investment graphics.

Ole Hansen: Next Gold Target is US$6,000, What About Silver?

Ole Hansen, head of commodity strategy at Saxo Bank, believes US$6,000 per ounce is in the cards for gold in the next 12 months; however, silver may not enjoy the same price strength. "If gold moves toward US$6,000, I would believe that ... silver at some point will struggle to keep up, and... Keep Reading...
Red stamp on paper with "approved" marked in red.

Kinross’ Great Bear Gold Project Accelerated Under Ontario’s 1P1P Framework

Ontario is moving to accelerate one of Canada’s largest emerging gold projects, cutting permitting timelines in half for Kinross Gold's (TSX:K,NYSE:KGC) Great Bear development in the Red Lake district.The province announced that Great Bear will be designated under its new One Project, One... Keep Reading...
Massan Indicated Conversion Programme Continues to Deliver

Massan Indicated Conversion Programme Continues to Deliver

Asara Resources (AS1:AU) has announced Massan indicated conversion programme continues to deliverDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News