Precious Metals

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

"gold analysis" -"apple" -"farm" -"game" -"gaming" -"medal" -"olympics" -"sport" -"world of warcraft" -"wow"

Interra Copper


Keep reading...Show less
Labyrinth Resources

Assays of +20g/t Further Extend Known Mineralisation 375m Down-Dip

Maiden JORC Resource set for release next month; Latest results, which significantly extend known lodes and reveal gold in previously unmodelled zones, will form part of subsequent Resource update

Labyrinth Resources Limited (ASX: LRL) (‘Labyrinth’ or ‘the Company’) is pleased to announce that assays received for the first three holes of the maiden surface exploration program at its flagship Labyrinth Gold Project in Quebec, Canada contain high-grade results which extend the mineralisation significantly.
Keep reading...Show less
Breaker Resources NL

Exceptional Manna Drilling Results

Please find attached information relating to more exciting infill and extensional drilling results from a 20,000m program of reverse circulation drilling currently being undertaken by Global Lithium Resources Limited (GL1), at the Manna Lithium Project within Breaker Resources NL’s 1.7Moz# Lake Roe Gold Project.

Keep reading...Show less
gold bar and coins with stock chart

VIDEO — David Garofalo: Gold Due for Dramatic Move as Unprecedented Inflation Looms

David Garofalo: Gold Due for Dramatic Move as Unprecedented Inflation Loomsyoutu.be

After falling briefly below the US$1,700 per ounce level in July, gold has picked back up.

David Garofalo, president and CEO of Gold Royalty (NYSEAMERICAN:GROY), remains confident in the yellow metal's future. He's previously put forward a US$3,000 price point for 2022, and recently reiterated his positive outlook.

"Gold's retained value in the face of a very severe bear market that we've experienced this year, with equities down 10 to 20 percent depending on what major market you're looking at," he said at the Rule Symposium.

Keep reading...Show less
Greenstone Belts: A World-class Source of Gold

Greenstone Belts: A World-class Source of Gold

Named for their distinctive green hue, greenstone belts host economic deposits of many different minerals, including silver, copper and zinc.

However, they are best known for their rich gold stores, making them incredibly compelling to gold exploration and mining companies. Archean-age greenstone belts, the most common kind, frequently house the largest and most successful producing gold mines in the world.

To understand why greenstone belts are so important to mining and exploration, one must first understand what they are, how they are formed and where they can be found.

Keep reading...Show less

RETRANSMISSION: Sarama Resources Extends High-Grade Gold Mineralisation

First Drill Program After ASX Listing Extends High-Grade Gold Mineralisation in Oxide Material

Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR, TSX-V:SWA) is pleased to announce that assays returned from an initial 1,700m drilling of the ongoing +50,000m program at its 100%-owned(4), multi-million ounce Sanutura Project (the "Project") have extended gold mineralisation in several directions at the Obi Prospect (refer Figure 1) and discovered a new trend for exploration

News Provided by ACCESSWIRE via QuoteMedia

[subscribe_company_profile use_post="101692214"]

Keep reading...Show less

Tempus Intersects up to 523g/t Gold over 0.42 metres at Elizabeth Project

Tempus Resources Ltd ("Tempus" or "the Company") (ASX:TMR)(TSXV:TMRR)(OTCQB:TMRFF) is pleased to announce assay results for the first three drill-holes completed at the Elizabeth Gold Project during the 2022 season

HIGHLIGHTS

News Provided by ACCESSWIRE via QuoteMedia

[subscribe_company_profile use_post="101618410"]

Keep reading...Show less

Latest Press Releases

Related News

×