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Pacific Empire Minerals Corp.
Summary
| Project: | Copper King | |
|---|---|---|
| Deposit: | Copper King | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 11/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-11-2018: Pacific Empire Minerals Corp. announces an Exploration/Drilling Update report for its Copper King deposit at the Copper King project. Drilling results incl. 64.0m @ 0.17% Cu, 0.022g/t Au, 1.35g/t Ag from 0m. November 1, 2018 - Vancouver, BC, Ca | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rory Ritchie (Internal) | |
| ABSTRACT: | November 1, 2018 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (“Pacific Empire”, “PEMC” or the “Company”), a hybrid prospect generator focused in British Columbia reports on assays received for the Copper King Property in North-Central British Columbia. Copper King Property Exploration A Reverse Circulation (“RC”) drilling program was completed in August of 2018 by PEMC at the Copper King Property, located approximately 35 km southeast of Centerra Gold’s Kemess Underground and Kemess East Projects. Drilling was focused on the “North Valley Target Area” at the northern portion of the property where anomalous IP chargeability is coincident with rock, soil, talus and sediment samples that are anomalous in copper ± gold ± silver. Four RC holes totaling 459 metres were drilled with PEMC’s in-house track-mounted RC drill, with depths of the holes ranging from 82.3 to 147.8 metres. Two of the four holes drilled encountered disseminated chalcocite mineralization associated with strong epidote-clay alteration over variable widths and laboratory results have been received for the two assayed holes. Given the geological context and the widespread nature of copper mineralization at surface, that closely resembles that encountered in drilling, the Company believes there is significant potential for a buried porphyry system on the Copper King Property. Brad Peters, Pacific Empire’s President and CEO, states, “Upon completion of the first drilling program on the Copper King Property since 1976, our interpretation of the widespread copper mineralization at surface on the Property potentially representing high-level expressions of a porphyry system at depth remains intact. The relatively small RC drilling program improved upon reported historical drilling results from this area, though the drilled area represents only a small portion of the most prospective ground on the Property.” | |
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