Program Has Resumed At That The Copper Hill Project
VANCOUVER – Manning Ventures Inc. reported on phase one drill program at the Copper Hill Project, located along the prolific Walker Lane Trend, western Nevada. Drilling has resumed at the Copper Hill Project, initial results have been received for the first four holes. Early assay results and preliminary geology from the on-site logging of these holes is encouraging. The phase one holes were laid out to test for skarn mineralization on the contact between the limestone and the intrusive for the Northern and the Southern Zones. The two zones outline target areas that returned significant copper values (0.5 to > 1.0% copper) in intense skarn alteration.
Prior to the holiday break drilling was underway at drill site PDH-7 where hole CH-8, the eighth hole of the program, had reached 200 meters. This hole is targeting down-dip from historic workings with magnetite-skarn. Holes CH-1, CH-3, CH-4, CH-5, CH-6, and CH-7 focused on northwest trending faults and northwest trending diorite dikes in the northern target zone area. All the holes intersected multiple diorite dikes and distinct structural zones. The dike margins and structural zones have skarn mineralization and strong magnetite alteration. CH-4 also intersected numerous clay zones that align with the distinct northwest-southeast finger of intrusive identified from the magnetic survey.
CH-1 had an interval of visible oxide copper which returned: 1) 1.52 meters (56.39-57.91 meters) with 2010 ppm Cu (0.21% Cu) and 0.237 g/t Au. 2) Copper in CH-1 ranged from 24 to 2010 ppm Cu with the entire hole averaging 105 ppm Cu. 3) Hole CH-3 intersected multiple northwest tending diorite dikes as well as cutting several northwest fault zones in the top 75 meters of the hole. CH-3 returned: 1) 3.05 meters (50.29-53.34 meters) with 1613 ppm (0.16% Cu). 2) Copper in CH-3 ranged from 37 to 1955 ppm Cu with the entire hole averaging 126 ppm Cu.
Hole CH-4 intersected numerous 1.52 to 6.1 meter thick, clay-bearing fault zones that returned from 529 ppm to 928 ppm Cu.
Assay results for CH-5 to CH-7 are in progress. These holes have intersected the intrusive-limestone contact where it is cut by the northwest trending dike and structural zones. Encouraging alteration and mineralization in these holes includes: 1) CH-5: 13.72 meters of strong magnetite skarn from 236.22 to 249.94 meters. 2) CH-6: 45.72 meters (67.06 to 112.78 meters) of visible copper oxide and 3.04 meters (175.26 to 178.31 meters) of copper oxide (including chrysocolla). 3) CH-7: 16.76 meters (118.87 to 135.64 meters) of limestone skarn with 3 to 5% pyrite and possible chalcopyrite and 7.62 meters (242.32 to 249.94 meters) of limestone skarn with 5 to 10% pyrite and possible chalcopyrite.