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Copper Mountain Mining Corp.
Summary
| Project: | Copper Mountain Mine | |
|---|---|---|
| Deposit: | New Ingerbelle | |
| Location: | Canada | |
| Commodities: | Copper-Silver-Gold | |
| Date: | 10/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-10-2017: Copper Mountain Mining Corp. announces an Exploration/Drilling Update report for its New Ingerbelle deposit at the Copper Mountain Mine project. Drilling results incl. 137.2 @ 0.35% Cu, 0.24g/t Au, 0.57g/t Ag from 145.4m. Vancouver, British Co | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Not stated (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia – October 26, 2017 – Copper Mountain Mining Corporation (TSX: CMMC) (the “Company” or “Copper Mountain”) is pleased to announce additional results from its drilling program at the New Ingerbelle deposit near the Copper Mountain mine. Results from the first four holes, out of a total of 14 planned holes, correlate with the block model grades interpolated from historical drilling and confirm the significant gold grades for this area. The purpose of the drill program is to validate historical drill data and increase the deposit size, which has the potential to add 10 or more years to production life. The planned program consists of approximately 5,000m of drilling and significant results from the first four drill holes are tabulated below. Highlights include 121.7m grading 0.36% Cu and 0.16g/t Au in drill hole 17IG-02 and 137.2m grading 0.35%Cu and 0.24g/t Au in drill hole 17IG-04. Copper Mountain’s flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Company has a strategic alliance with Mitsubishi Materials Corporation who owns 25% of the mine. The Copper Mountain mine has a large resource of copper that remains open laterally and at depth. This significant exploration potential is being explored over the next few years in order to fully appreciate the property’s full development potential. Additional information is available on the Company’s web page | |
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