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Alacer Gold Corp.
Summary
| Project: | Copper Hill | |
|---|---|---|
| Deposit: | Copper Hill | |
| Location: | Turkey | |
| Commodities: | Copper | |
| Date: | 4/22/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-4-2020: Alacer Gold Corp. announces an Exploration/Drilling Update report for its Copper Hill deposit at the Copper Hill project. Drilling results incl. 70.3m @ 1.66% Cu from 83.7m. April 22, 2020, Toronto: Alacer Gold Corp. (“Alacer” or the “Corporati | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mesut Soylu (Internal) | |
| ABSTRACT: | April 22, 2020, Toronto: Alacer Gold Corp. (“Alacer” or the “Corporation”) [TSX: ASR and ASX: AQG] is pleased to announce initial drill results for the Copper Hill (Bakır Tepe in Turkish) copper (“Cu”) prospect. Copper Hill is located approximately 60km northwest of Gumushane Province and 30km southwest of Kurtun town, in the Black Sea region of northeast Turkey (Figure 1). The initial testing of the target consisted of eight diamond drill holes totaling 3,180.8m. Seven of the eight holes intersected sulfide (chalcopyrite) copper mineralization, many with impressive grades including holes: The intercepts are high grade, close to surface and appear to be very low in contaminates. The drilling pattern was constrained to areas previously permitted for drilling. Alacer plansto conduct additional diamond drilling in 2020 to test the extension of the mineralization, pending approval of new drill permits and weather. Alacer owns 50% of Copper Hill in a joint venture with our long-term partner Lidya Mining (as defined below). | |
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