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Carube Copper Corp.
Summary
| Project: | Above Rocks | |
|---|---|---|
| Deposit: | Jobs Hill | |
| Location: | Jamaica | |
| Commodities: | Copper-Gold | |
| Date: | 7/22/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-7-2016: Carube Copper Corp. announces an Exploration/Drilling Update report for its Jobs Hill deposit at the Above Rocks project. JV with OZ Minerals Ltd. - drilling results incl. 5m @ 0.87% Cu from 179m. Carube Copper Corp. (CUC:TSXV) is pleased to an | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dr. Vern Rampton (Internal) | |
| ABSTRACT: | Carube Copper Corp. (CUC:TSXV) is pleased to announce recent initial drill results from the Bellas Gate and Above Rocks Joint Ventures in Jamaica. The 2016 exploration programs at both JVs are being operated by OZ Minerals Limited (OZL:ASX), a $1.9B Australian copper producer. At the Jobs Hill Prospect one hole has been drilled for 237 metres while a second is currently being completed. The results of the first hole are reported in Table 1. Jobs Hill has extensive copper oxide showings and numerous exposures of malachite with good gold credits. It is hosted in a northeast trending structural zone, is at least 600m long and 45m wide and is open to the southwest. Drilling has indicated an intensely sheared contact zone between fine-grained volcanic flows and coarse-grained volcaniclastic rocks. Mineralization is comprised of chalcocite with occasional chalcopyrite and bornite. Two narrow zones of copper mineralization were encountered at depth. The second hole (results pending) was drilled beneath surface trench with visible chalcopyrite, bornite, azurite and malachite. | |
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