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CopperCorp Resources Inc. reports exploration and corporate developments for its copper-gold portfolio in western Tasmania, Australia. Recurring updates focus on drilling and assay results at the Jukes Cu-Au prospect on the 100%-owned Razorback property, reconnaissance sampling at the Marigold Zone, and exploration work within the 100%-owned AMC Copper Project.
The company's news also covers exploration targeting, geophysical and geochemical work, mineralized zones containing copper, gold and silver, and activity across prospects near established mining districts in western Tasmania. Corporate announcements include board appointments, marketing-services arrangements and public-company disclosure tied to its TSXV and OTCQB traded securities.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has commenced diamond drilling at the Jukes Zone target area on its Razorback Copper-Gold-REE property in western Tasmania, Australia. The initial program consists of 2 holes totaling 400m to test depth extensions of high-grade Cu-Au mineralization. Recent channel sampling results included 31.0m @ 1.48% Cu and 0.83g/t Au. This marks the first drilling at Jukes in almost 40 years. The company aims to explore similarities with the nearby Mt Lyell Cu-Au system and test the hypothesis that NNW-trending fault structures control high-grade mineralization. CopperCorp may extend the program based on initial results and ongoing surface sampling.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has expanded its Skyline Project in western Tasmania, Australia, by acquiring new exploration licences. The expansion includes:
- 65km2 of new exploration licence holdings
- Consolidation of southern tenements into a 332km2 contiguous package
- Total Skyline Project area now 569km2
- Company's total land holding in western Tasmania increased to 1,878km2
The new acquisitions include highly prospective ground near the Mt Lyell Cu-Au camp. CopperCorp plans to start drilling at the Jukes prospect in September. The company has also entered a Digital Marketing Services Agreement with Senergy Communications Capital Inc. for a three-month term at a cost of C$50,000 plus GST.
CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) has announced promising developments at its Razorback Copper-Gold-REE property in western Tasmania, Australia. New 3D inversion modeling of magnetic and gravity data has revealed highly prospective features at the Jukes and Hydes target zones, characteristic of IOCG deposits and similar to the nearby Mt Lyell Cu-Au system. These features, located adjacent to large fault structures and outcropping mineralization, are considered highly prospective. The company plans to begin drilling access track construction at Jukes in late August and anticipates releasing details of its copper-gold drill program soon. CopperCorp's CEO, Stephen Swatton, described this as 'game-changing' news for understanding the property's potential.
CopperCorp Resources (CPCPF) has reported new drill results from its South Darwin prospect in Tasmania, part of its 100% owned Razorback Copper-Gold-REE property. Key findings include:
- Assay results from two diamond drill holes confirm IOCG-style Cu-Au and REE values extending at least 80m north of previous drilling.
- SDD007: 50m @ 0.51% TREO from 389m, including 12m @ 0.9% TREO from 418m.
- SDD008: 14m @ 0.45% Cu and 0.08g/t Au from 349m, including 4m @ 1.1% Cu and 0.15g/t Au from 352m, 60m @ 0.21% TREO from 0m, and 86m @ 0.19% TREO from 299m.
3D magnetic inversion modelling indicates a large magnetic body at a depth of 200-300m below current drilling. Surface mapping and sampling identify a magnetite and REE anomaly over a 5km strike length.
Despite less-than-expected results, the findings are encouraging, indicating a large IOCG system at South Darwin. Further exploration is planned for the upcoming season.
CopperCorp Resources Inc. has confirmed high-grade copper-gold potential at the Jukes Cu-Au prospect in Tasmania. Results from historical underground sampling show significant mineralization with high-grade intervals. The magnetic data indicates potential for a large-scale mineralization system. The company has received permitting approvals for an initial drill program and is set to commence drilling at the high-grade Jukes prospect.
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