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Canyon Copper Corp.

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Summary

Project:

Bootleg Lake

Deposit:Bootleg Lake
Location:Canada
Commodities:Gold
Date:6/7/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-6-2018: Canyon Copper Corp. announces an Exploration/Drilling Update report for its Bootleg Lake deposit at the Bootleg Lake project. Drilling results incl. 3.0m @ 0.77g/t Au from 197.0m. Vancouver, British Columbia, June 7, 2018, - Canyon Copper Corp.
Resources:x
CP/QP:[Overall Report]: Stephen Wallace (Internal)
ABSTRACT:Vancouver, British Columbia, June 7, 2018, - Canyon Copper Corp. ("Canyon" or the "Company") (TSX-V: CNC) announces the drill results for the final two drill holes completed on Canyon's Bootleg Lake project, located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba. In March 2018, the Company completed a four drill hole program totaling 1,446 metres on the Bootleg Lake project. Three diamond drill holes were drilled at the past producing Rio mine and a single hole at the past producing Newcor mine. The results of the first two drill holes of the program BL-01 and BL-02 were previously announced on May 14, 2018 (link to press release https://www.canyoncc.com/news/2018/canyon-copper-announces-drill-results-from-bootleg-lakeproject/ ). Drill hole BL-03 was the third drill hole targeting the past producing Rio Mine. Drilled 200 metres northeast along the presumed strike from the first two drill holes BL-01 and BL-02. BL-03 intersected two fault zones, the first 17m to 31m downhole and the second 188m to 229m downhole with 1% to 5% disseminated pyrite. Within this second fault zone from 197m to 200m downhole was a mineralized section grading 0.77 g/t Au over 3.0m including a 1.0m section from 199m to 200m grading 1.44 g/t Au. These three drill holes targeted the past producing Rio Gold Mine which is characterized as Mesothermal gold mineralization along the Rio Fault corridor, particularly in close proximity to the granodioritic Phantom Lake pluton immediately to the south. The drilling targeted the intersection of two sections of the NE-SW trending Rio fault corridor and the N-S trending Douglas Lake fault. The detailed results are below

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