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Golden Ridge Resources Discovers New Copper Zone near Schaft Creek

Mining News - Published on Wed, 15 Jan 2020

Image Source: goldenridgeresources.com
Golden Ridge Resources Ltd has reported a newly discovered 4.5 kilometre long copper-in-soil anomaly on its Ball Creek Property, under option from Evrim Resources Corp., which extends west onto claims 100% owned by Golden Ridge. To date, only eleven reconnaissance soil lines (276 total soil samples, 14 rock samples) have been completed and the anomaly remains open to the northwest. No historic work is recorded on the anomalous zone which was targeted in 2019 to test a colour anomaly lying just 6 kilometres southwest of Teck Resources/Copper Fox Metals' 1.8 billion tonne Schaft Creek Cu-Mo-Au-Ag porphyry deposit and 30 kilometres northeast of Newmont Mining/Teck resources 800 million tonne Galore creek Cu-Au-Ag deposit.1 Outcropping copper mineralization was discovered within the roughly 4.5 kilometre by 1.5 kilometre northeast-southwest trending corridor, with select grab samples assaying up to 5.29% Cu.

Highlights

~4.5km by 1.5km zone of strong copper-in-soil

6km from 1.8 billion tonne Schaft Creek Deposit1

Rock samples up to 5.29% Cu (5 rock samples > 0.5% Cu) and soil sample results up to 7,170ppm Cu (11 soil samples >1000ppm Cu).

Source :

Posted By : Rabi Wangkhem on Wed, 15 Jan 2020
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