Strong Visible Copper Mineralization At Copper Creek
VANCOUVER - Redhawk Resources, Inc. reported that it has received assay results from the first four drill holes of its 70,000 foot Phase II drill program at the Copper Creek project in Arizona. All four holes contained copper, with one hole returning significant copper grades.
Redhawk's drill program was designed to expand and in-fill resources at the American Eagle porphyry deposit and attempt to connect the Keel porphyry-like resource with the American Eagle area. A few core holes will also test other breccia bodies where historical drilling contained potential ore grade intercepts.
Eleven vertical rotary hammer holes, for a total of 16,424 feet, have been pre-collared and cased for future drilling. These holes are located within and peripheral to the American Eagle resource and because historical drilling indicates that this porphyry deposit is located below 1,500 feet, the upper portions of these holes were drilled using pre-collared lower cost rotary drilling. Only samples showing meaningful visible copper and/or molybdenum minerals during geologic logging were sent for assay. Results of the first four pre-collar holes have been received. While three of the holes showed low levels of copper, the fourth hole demonstrated significant zones of copper as shown in the table.
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Hole From To Interval Cu Mo
ID feet feet feet % %
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RAE-07-019 880 980 100 1.16 0.001
1000 1080 80 0.65 0.005
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Gold and silver assays are pending for the hole above.
Drill hole RMK-07-015 reached a depth of 3,777 feet before drilling temporarily ceased until additional drill rods arrive on site. This drill hole targets an area that could potentially connect the Keel resource and the American Eagle resource. It is located approximately 250 feet south of previous Keel drill holes and 1,000 feet from the nearest American Eagle resource drill hole. Thus far nearly 1,000 feet of strong visible copper mineralization has been encountered starting at about 2,800 feet in depth. The drill core has been logged, sampled, and sent to ALS Chemex for rush assaying of copper and molybdenum. Redhawk is extremely encouraged by this result and believe it is a very strong start to connecting the two resource areas.
As part of the Phase II drill program, a further five to six holes have been planned to test the area between the two resources. This includes an angle core drill hole located approximately 400 to 500 feet south of RMK-07-015. Three of these planned holes have already been pre-collared and cased.
Four additional core holes have been completed on the Copper Prince Breccia, located on the surface near the American Eagle and Keel resources and within 1,100 feet of the company's breccias with current resources. Three of these holes have been logged, sampled, and sent to ALS Chemex for assay and all contained visible copper mineralization. Assay results will be reported as soon as available. The Copper Prince Breccia had minor but very high grade historical production and several drill holes with very good results by previous operators.
The company's address is 440 - 789 West Pender Street, Vancouver, BC V6C 1H2, 604.633.5088, fax: 604.633.5098, email: [email protected].