Commencement Of Drilling At Jukes Cu-Au Prospect
VANCOUVER - CopperCorp Resources Inc. has commenced diamond drilling at the Jukes Zone target area on the Razorback Copper-Gold-REE property in western Tasmania, Australia. The Jukes prospect located 10km south of the Mt Lyell Cu-Au system (3Mt contained copper at 1% Cu, and 3Moz contained gold at 0.3g/t Au). An initial 2-hole, 400m program will test depth extensions to structurally controlled high-grade Cu-Au mineralization at the Jukes prospect where results of recent channel sampling of underground historical workings included: 31.0m @ 1.48% Cu and 0.83g/t Au, including 9.0m @ 2.92% Cu and 1.79g/t Au. The planned program represents the first drilling at the Jukes prospect in almost 40 years.
Stephen Swatton, President and CEO, said, "We are excited to commence the drilling at Jukes as scheduled. This program coincides with the start of the Tasmanian summer in which the Company will step up work programs at several of its copper-gold targets located within the Razorback, southern end of Walford Peak and Linda South licenses. Over the past 2 months the Company has undertaken a comprehensive surface sampling program at Jukes, the results of which will be released soon.
The planned drilling program comprises an initial 2 diamond drill holes totalling up to 400m. The drill holes are designed to target depth extensions to high-grade Cu-Au mineralization recently sampled2 in underground historical Jukes No. 3 Main Adit (31.0m @ 1.48% Cu and 0.83g/t Au, including 9.0m @ 2.92% Cu and 1.79g/t Au) and will test the current interpretation that these high-grade mineralized zones occur associated with NNW-trending fault structures, and in particular at the intersection of these structures with the NE-trending Jukes fault.
The Company currently has approvals in place to drill up to 1,320m from 4 drill sites at Jukes and may extend the drill program depending on results of the initially planned holes and/or results from surface sampling and mapping programs that are ongoing in the prospect area. The information and results obtained from the initial holes will additionally inform planning of potential deeper drilling at the prospect.