King Copper Discovery Corp Stock Price, News & Analysis

Turmalina Metals Corp. has begun drilling at the Chanape Project in Peru, targeting high-grade tourmaline gold-silver-copper breccia pipes. This initial phase includes 8 to 10 drill holes across three identified zones, which may indicate a deeper porphyry system. The project showcases significant exploration potential, supported by a recent independent technical report. Additionally, the company has granted 1,550,000 stock options to directors and employees with an exercise price of $0.35, expiring in five years.

Turmalina Metals Corp. has appointed Mr. James Rogers as the new CEO effective July 20, 2022. Rogers has extensive experience in the mining industry, leading exploration and drilling projects across multiple continents. He has a notable history of successful mergers and acquisitions and capital raising. Succeeding Dr. Rohan Wolfe, who will continue as a Technical Advisor, the leadership transition aims to leverage existing high-grade copper-gold-silver assets in Argentina and Peru. The company is set to commence drilling at the Chanape Project, with strong potential due to multiple identified high-grade breccia zones.

Turmalina Metals Corp. (TBXXF) announced the filing of a Technical Report on its Chanape gold-silver-copper project in Peru. Prepared by Caracle Creek SpA, the report identifies multiple high-grade tourmaline breccia pipes and recommends a two-phase exploration program. Phase 1 involves 10 drill holes targeting 3 breccia pipes, while Phase 2 may require USD 5.5M for further exploration. CEO Dr. Rohan Wolfe emphasizes the project's strong potential for significant mineralization.

Turmalina Metals Corp. announces the receipt of the Ficha Técnica Ambiental (FTA) permit for its Chanape Project in Peru, enabling drilling preparations for high-grade Cu-Au-Ag breccia pipes. The project, located in Lima Province, has shown historical intersections of significant mineralization, including 71m at 1.92% Cu and 0.81 g/t Au. With over 20 identified breccia occurrences and a potential for large tonnage Cu-Mo systems, the company is planning to drill these targets soon. A water permit is anticipated in June, completing the necessary permissions for the drilling to commence.

Turmalina Metals Corp. (TBXXF) announced the identification of multiple priority drill targets in its expanded 345 sq km land package in San Juan, Argentina. The land acquisition increased holdings significantly by 1,018% to 34,651 hectares, consolidating various mineralized areas. The company has conducted extensive sampling, revealing promising assay results, including high-grade values of up to 9.2 g/t Au and 5% Cu. Current exploration efforts focus on drilling multiple targets with strong mineralization potential, particularly at the SFdLA Project.

Turmalina Metals Corp. (TBXXF) has commenced its 2022 field program at the San Francisco Project in Argentina. The SFdLA breccia pipe has been established as one of the highest-grade of its kind. The project area expanded significantly in 2021, now covering 34,600 ha, with promising exploration results reported. The focus of the 2022 program includes detailed mapping and sampling of multiple high-priority targets, with impressive assay results from breccia and vein systems. Dr. Rohan Wolfe noted a strong cash position to fund exploratory activities throughout the year.

Turmalina Metals Corp. (TBXXF) has reported progress on the San Francisco Project, expanding its area from 3,400 ha to 34,600 ha. Initial exploration results are promising, with over 3,200 soil samples and 2,000 rock chip assays revealing significant gold, silver, and copper mineralization across multiple sites. Notable finds include high-grade samples from breccia and vein systems, with assays of 0.7 to 3.5 g/t Au, 10 to 145 g/t Ag, and up to 5.2% Cu. The company remains well-funded for ongoing exploration and will resume drilling in summer 2022.

Turmalina Metals Corp. (TBXXF) announced significant advancements in drilling at the San Francisco project, revealing extended copper-gold-silver mineralization below previous depths. Recent drill holes (SFDH-048 to SFDH-051) intersected promising grades, including 12.3m @ 0.93% Cu, 0.05 g/t Au & 41 g/t Ag. The project's area expanded from 3,400 ha to 34,600 ha, with initial exploration returning results of >1-2 g/t gold from new acquisitions. The company remains well-funded to pursue ongoing exploration while adhering to strict COVID-19 protocols.

Turmalina Metals Corp. (TBXXF) has finalized several agreements to consolidate its regional acquisitions near the San Francisco project, increasing its landholdings from 3,404 ha to 34,651 ha, a 1018% rise. These include exploration rights for 11,038 ha with IPEEM and an option to purchase 15,576 ha from Miranda S.A. Sampling has returned impressive grades of up to 5.2 g/t Au and 158 g/t Ag. The company plans fieldwork to identify priority targets for drilling. Turmalina aims to leverage these acquisitions for growth in mineral exploration.