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Project: | Venus | |
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Deposit: | Venus | |
Location: | United States | |
Commodities: | Copper-Silver-Gold | |
Date: | 4/2/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 2-4-2020: Altan Nevada Minerals Ltd. announces an Exploration/Drilling Update report for its Venus deposit at the Venus project. Drilling results incl. 1.1m @ 0.80g/t Au, 0.5g/t Ag, 169ppm Cu from 101.7m. VANCOUVER, April 2, 2020 - Altan Nevada Minerals L | |
Resources: | x | |
CP/QP: | [Overall Report]: Barry Bourne (Terra Resources Pty Ltd.) | |
ABSTRACT: | VANCOUVER, April 2, 2020 - Altan Nevada Minerals Ltd. (TSX.V: ANE) ("Altan Nevada" or the "Company") is pleased to announce the results of recent drilling at its Venus Copper Project (the "Venus Project"). The Venus Project, which is 100% owned by Altan Nevada (Figure 1), is located within the Yerington copper porphyry district in the Walker Lane mineralized belt in Nevada. Altan Nevada's decision to advance exploration at the Venus Project coincides with development at Nevada Copper Corp.'s (TSX: NCU) ("Nevada Copper") Pumpkin Hollow Copper Mine ("Pumpkin Hollow") immediately to the north and less than one mile from the tenement boundary. The first ever drillholes into the Venus Project were completed in October 2019. Four holes totalling 1300m were drilled into geochemical, geophysical and geological targets (Figure 2). The host of copper mineralisation at Pumpkin Hollow is dominantly Triassic and Jurassic sediments of both the Gardner Valley and Mason Valley Formations. Copper mineralisation is associated with the Jurassic age Yerington Batholith and related porphyritic/granite dikes. | |
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