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Nicola Mining Announces Upper Zone Copper Mineralization

Mining News - Published on Wed, 21 Aug 2019

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Nicola Mining Inc announced assay results from its third drill hole, CC-19-73, from its ongoing 2019 Exploration Program at the Company’s wholly-owned New Craigmont Project, located in British Columbia’s Thompson-Nicola Region. The purpose of the first three drill holes was to confirm and intersect the unexploited, and incompletely delineated No. 3 Ore Body hole1, which the Company will refer to as No. 3 Mineralized Body from hereon. The No. 3 Mineralized Body is located adjacent to the 2400 level of the historic Craigmont Mine.

Although, CC-19-73’s intercept of No. 3 Mineralized Body appears shorter and less mineralized than the previous two holes of the 2019 Program, it appears to be of the greatest significance. The hole intercepted 84 meters grading Cu 0.34% (CuEq 0.46%) of the recently discovered and previously unknown “Upper Zone” mineralization encountered in the preceding two drill holes2. This is a 50-meter westward step-out which demonstrates the lateral continuity of the Upper Zone encountered in the first two holes.

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Posted By : Sanju Moirangthem on Wed, 21 Aug 2019
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