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Project: | Thor | |
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Deposit: | Thor | |
Location: | Canada | |
Commodities: | Copper-Gold | |
Date: | 10/20/2016 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 20-10-2016: Copper North Mining Corp. announces an Exploration/Drilling Update report for its Thor deposit at the Thor project. Drilling results incl. 107.60m @ 0.14% Cu, 0.045g/t Au from 11.65m. Vancouver, British Columbia – Copper North Mining Corp. (“C | |
Resources: | x | |
CP/QP: | [Overall Report]: Harlan Meade (Internal) | |
ABSTRACT: | Vancouver, British Columbia – Copper North Mining Corp. (“Copper North” or the “Company”) (TSX.V:COL) announces the results of drilling on the Thor property in northwest British Columbia. Drill hole TH16-01, in the Thor East target area, intersected porphyry copper-gold mineralization. Drill holes TH16-02 and TH16-03 were drilled in the Thor West target area and failed to intercept favorable geology (see September 9, 2016 news release). Drill hole TH16-01 intercepted an intensely fractured and veined granodiorite that contains copper mineralization, from a depth of 11.65 m to 119.25 m. Traces of copper mineralization are present below 119.25 m until the end of the hole at 169.16 m. The granodiorite is in contact to the east with the Takla Group volcanic rocks that are also extensively fractured and veined. The transition from stronger mineralization and quartz-veining at the top of the hole to weaker copper mineralization and phyllic alteration at depth suggests that drill hole TH16-01 may flank a mineralized porphyry centre. Exploration in the 1960s to 1990s discovered porphyry copper-gold type mineralization on the Thor property. The Thor Property covers approximately 20,000 hectares including the historic Thor, Marmot, Thorne and Goldvale mineralized areas. The mineral prospects follow a 20 km long mineralized zone within the central part of the porphyry copper-gold trend, from Kemess North in the north northwest to Kliyul in the south southwest, a distance of 75 kilometres. | |
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