General Copper Gold Reassesses Historical Drill Hole; Additional Samples Submitted for Assay

Rhea-AI Summary

General Copper Gold Corp. (CSE: GGLD, OTCQB: GNRGF) has announced the relogging of previously drilled holes at its Topley Richfield Project in British Columbia. This effort led to the identification of new zones of interest that were not previously sampled. A total of 156 new samples were taken from favorably altered peripheral shears, where chalcopyrite was noted. These samples have been submitted to ALS Geochemistry-Kamloops for analysis, with results expected soon.

CEO Michael Curtis expressed excitement about the potential of these overlooked zones and the upcoming assay results. The company believes this reexamination will provide more accurate data to guide future exploration efforts, aligning with their mission to maximize the potential of their exploration assets.

Positive

• Identification of new mineralized zones previously overlooked
• 156 new samples submitted for assay, potentially expanding resource potential
• Chalcopyrite noted in newly sampled areas, indicating possible copper mineralization

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - General Copper Gold Corp. (CSE: GGLD) (FSE: 7S50) (OTCQB: GNRGF) (the "Company") is pleased to announce the relogging of a previously drilled holes and infilled samples sent for assay at its Topley Richfield Project in British Columbia.

The decision to re-examine drill hole was made as part of the Company's efforts to maximize exploration data and enhance its understanding of mineralization. New zones of interest were identified during the relogging that were not previously sampled. A total of 156 new samples were taken outboard of previous identified "zones" in favourably altered peripheral shears. Chalcopyrite was noted that was not previously sampled and has been submitted for assay.

Figure 1: Cross section of drill holes from 2022.

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Photo 1: Infilled sampling from hole TR22-03.

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Michael Curtis, President and CEO, commented, "Relogging this hole allowed us to discover zones that may have been overlooked. We are excited to see the results from the 156 new samples and believe this will provide more accurate data to guide future exploration."

The samples have been submitted to ALS Geochemistry-Kamloops for geochemical analysis, with assay results expected soon. These results will help guide the next steps in advancing the Topley Richfield Project, aligning with General Copper Gold's mission of unlocking the full potential of its exploration assets.

Garry Clark, P. Geo., of Clark Exploration Consulting, is the "qualified person" as defined in NI 43-101, who has reviewed and approved the technical content in this press release.

About General Copper Gold Corp.

General Copper Gold Corp. is a junior exploration company focused on discovering and developing copper and gold resources in North America. The Company's flagship Topley Richfield Project is situated in a prolific mining district, with a strategy to deliver shareholder value through systematic exploration.

For further information, please contact:

General Copper Gold Corp.
Michael Curtis, President
T: (604) 639-4452
E: mcurtis@intrepidfinancial.ca

Reader Advisory

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the results and exploration of the Topley Richfield mineral property. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; and the other factors described in our public filings available at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

The CSE has in no way passed upon the merits of the proposed transactions and neither has approved nor disapproved the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223456

FAQ

What did General Copper Gold Corp (GNRGF) discover in their relogging of drill holes at Topley Richfield?

General Copper Gold Corp discovered new zones of interest that were not previously sampled, including areas with chalcopyrite mineralization. They collected 156 new samples from favorably altered peripheral shears for assay.

When are the assay results expected for General Copper Gold's (GNRGF) new samples from Topley Richfield?

The press release states that assay results are expected soon, but does not provide a specific date. The samples have been submitted to ALS Geochemistry-Kamloops for analysis.

How many new samples did General Copper Gold (GNRGF) submit for assay from the Topley Richfield Project in September 2024?

General Copper Gold submitted a total of 156 new samples from the relogged drill holes at the Topley Richfield Project for assay in September 2024.

What is the significance of finding chalcopyrite in General Copper Gold's (GNRGF) relogging at Topley Richfield?

The presence of chalcopyrite, which was not previously sampled, indicates potential copper mineralization in the newly identified zones. This could expand the resource potential of the Topley Richfield Project.