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Copper Mountain announces completes Phase 2 drill program at New Ingerbelle

Mining News - Published on Fri, 21 Sep 2018

Image Source: Honeycomb Creative
Copper Mountain Mining Corporation announced that is has completed Phase 2 of its 3-Phase drilling program at the New Ingerbelle property, and results continue to be positive. New Ingerbelle is located adjacent to the present operations of the Copper Mountain Mine.

Highlights from the remaining 14 drill holes of phase 2 include:
Hole 18IG-24 returning 188 metres of 0.55% CuEq (0.38% Cu, 0.45 g/t Ag, 0.25g/t Au) which includes 114 metres of 0.71% CuEq (0.49% Cu, 0.51 g/t Ag, 0.32 Au g/t)
Hole 18IG-26 returning 135 metres of 0.71% CuEq (0.49% Cu, 0.97g/t Ag, 0.32g/t Au)
Hole 18IG-18 returning 339 metres of 0.37% CuEq (0.27% Cu, 0.53g/t Ag, 0.14g/t Au)
Hole 18IG-27 returning 96 metres of 0.55% CuEq (0.39% Cu, 0.69g/t Ag, 0.23g/t Au), and
Hole 18IG-28 returning 54 metres of 0.58% CuEq (0.42% Cu, 0.80g/t Ag, 0.23g/t Au) and 90 metres of 0.62% CuEq (0.46% Cu, 0.57g/t Ag, 0.23g/t Au)

Mr Gil Clausen, Copper Mountain's President and CEO said that "These drill results continue to demonstrate that New Ingerbelle has the potential to be of considerable size and significance to the Company. We have extended mineralization below prior resource limits, expanded it laterally and filled in the resource as planned. With the Phase 2 drilling program complete, we are now working on incorporating the results into an updated mineral resource for New Ingerbelle, which we expect to announce shortly. We believe New Ingerbelle will continue to increase in significance as a development project for the Company and will fit perfectly in our organic development pipeline of growth projects."

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Posted By : Rabi Wangkhem on Fri, 21 Sep 2018
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