Suche
 
Folgen Sie uns auf:

QC Copper Intersects 110 Metres of 0.65% CuEq, including 36.0m of 1.62% CuEq and 55.5 Metres of 0.56% CuEq on Opemiska

07.09.2021  |  CNW

TORONTO, Sept. 7, 2021 - QC Copper and Gold Inc. ("QC Copper" or the "Company") (TSXV: QCCU) is pleased to report the final assays results from its Summer 2021 diamond drilling program on the Opemiska Project in Chapais, Quebec. With final assays received, the Company is now working towards the completion of a maiden resource estimate which is expected to be announced in mid-September. Highlight intervals from the final batch of assays include Holes 69, 82 & 84 highlighted below:

Hole OPM-21-69 (East of Perry Pit) returned 110 metres grading 0.65% CuEq starting 34.5 metres downhole. This intersection also included an interval of 36.0m which assayed 1.62% CuEq. This hole is located on the periphery of past-producing Perry Mine.

Holes OPM-21-82 and OPM-21-84 (Southern Veins) returned a 55.5m intersection grading 0.56% CuEq. The adjacent hole 84, collared 75m west of hole 82, returned a 36.5m interval grading 0.38% CuEq

"With final assays in hand, we're quickly advancing towards completion of our maiden resource estimate for the Opemiska project. Today's results drilled to the east, and outside of the Perry conceptual pit, demonstrate the continuation of Springer/Perry mineralization towards the east. While drilling is limited in this new zone, it represents core focus for future expansion of our upcoming resource. Other key sources of exploration upside include the immediately adjacent Cooke-Robitaille projects and numerous targets along the the Beaver Lake Fault corridor which is analogous to the highly-productive #3 vein at the Springer mine" said Charles Beaudry, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold, a Qualified Person, as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects

Click here to View a Plan view of the Intersections from Table 1.

Table 1: Reported 2021 Mineralized Intersections.

Hole ID

From
(m)

To
(m)

Interval
(m)

Grade

Copper Eq
(%)*

Copper
(%)

Gold
(gpt)

Silver
(gpt)

Zinc
(ppm)

Cobalt
(ppm)

OPM-21-54

117.7

141.0

23.3

0.379

0.324

0.021

1.875

70

36

and

258.9

264.1

5.2

0.558

0.413

0.102

4.244

190

57

OPM-21-57

180.0

185.0

5.0

3.17

2.862

0.053

19.88

604

106

OPM-21-58

117.0

130.0

13.0

0.411

0.329

0.041

1.773

102

61

OPM-21-60

198.0

202.5

4.5

0.605

0.552

0.011

2.067

60

41

OPM-21-63

85.0

93.0

8.0

0.596

0.532

0.006

2.351

49

60

OPM-21-64

134.0

155.0

21.0

0.535

0.378

0.078

5.164

143

91

OPM-21-68

162.0

172.5

10.5

0.935

0.837

0.005

6.671

162

45

OPM-21-69

34.5

144.0

109.5

0.648

0.594

0.009

2.551

109

37

incl.

108.0

144.0

36.0

1.624

1.534

0.012

4.515

250

53

OPM-21-70

46.5

48.8

2.3

8.349

7.855

0.048

40.809

235

118

OPM-21-71

165.0

174.0

9.0

0.381

0.33

0.009

1.283

84

52

and

216.0

223.5

7.5

0.339

0.285

0.006

1.24

98

58

OPM-21-72

82.5

93.0

10.5

0.423

0.275

0.077

2.986

53

118

OPM-21-77

64.5

106.9

42.4

0.239

0.199

0.008

1.42

35

34

and

153.7

168.7

15.0

0.815

0.681

0.031

5.382

292

90

OPM-21-80

31.5

51.0

19.5

0.457

0.405

0.014

2.485

39

32

OPM-21-82

103.5

159.0

55.5

0.558

0.437

0.028

6.766

388

46

OPM-21-84

73.5

110.0

36.5

0.383

0.291

0.023

4.052

151

57

and

150.0

158.0

8.0

0.259

0.203

0.011

2.563

55

40

OPM-21-88

14.9

148.5

133.6

0.468

0.207

0.342

1.65

92

45

OPM-21-90

36.0

69.0

33.0

0.358

0.267

0.095

1.111

52

31

incl.

37.5

48.0

10.5

0.937

0.721

0.25

2.748

89

49

and

157.5

201.0

43.5

0.29

0.119

0.194

1.621

477

31

OPM-21-91

39.0

67.5

28.5

0.378

0.26

0.114

1.121

89

53

OPM-21-92

138.0

154.5

16.5

0.355

0.3

0.011

2.723

47

42

OPM-21-93

7.0

36.0

29.0

0.36

0.196

0.215

1.1

44

29

and

90.0

122.0

32.0

0.303

0.232

0.078

0.873

23

22

and

195.0

205.5

10.5

0.278

0.183

0.097

1.086

44

38

OPM-21-95

12.0

49.5

37.5

0.374

0.228

0.126

1.884

978

33

and

106.5

112.5

6.0

0.67

0.372

0.352

3.375

198

64

and

136.5

140.0

3.5

0.911

0.757

0.135

3.193

141

59

and

244.5

297.0

52.5

0.33

0.289

0.072

1.589

66

29

OPM-21-96

94.5

105.0

10.5

0.508

0.446

0.04

2.177

49

24

and

217.5

231.0

13.5

0.337

0.24

0.091

1.602

74

38

and

288.0

291.0

3.0

0.849

0.773

0.082

7.85

419

62

OPM-21-97

23.8

27.0

3.3

0.606

0.08

0.456

2.223

5,909

68

and

109.5

127.6

18.1

1.4

1.134

0.182

8.794

987

61

OPM-21-99

15.0

48.0

33.0

0.203

0.144

0.029

1.072

147

43

and

156.0

163.0

7.0

0.813

0.67

0.102

5.08

125

44

OPM-21-101

187.5

190.5

3.0

1.156

0.773

0.411

7.75

114

79

and

220.5

297.0

76.5

0.307

0.235

0.063

1.4

61

28

*Copper Equivalent ("Cu Eq.") grade including copper, gold, silver, cobalt and zinc based on 100% recoveries is calculated using the following equation: Cu Eq. = [(Cu % x 20 x Cu price) + (Au grade / 34.2857 x Au price) + (Ag grade / 34.2857 x Ag price) + (Co % x 20 x Co price) + (Zn % x 20 x Zn price)] / (20 x Cu price). We used Cu, Au, Ag, Co and Zn price of US$4.00, US$1,730, US$26.00, US$23.90 and US$1.20 respectively.

Orientation of Drilling and True Widths of Mineralization

Field-based and drill hole evidence indicates that several orientations of veins are present on the Opemiska Property. Around the Springer Mine, veining is predominantly EW trending and steeply dipping to the north. South-facing drill holes were conducted in order to better approximate true widths. However, mineralized intervals typically expand well beyond the main veins as part of cross cutting veinlets creating disseminated mineralized halos. In the disseminated mineralization, the true width of intersections is estimated to be the same as the drill core width.

About the Opemiska Copper Complex

The Opemiska Copper Complex is located adjacent to Chapais, Quebec, within the Chibougamau region. Opemiska is also within the Abitibi Greenstone belt and within the boundaries of the Province of Quebec's Plan Nord, which promotes and funds infrastructure and development of natural resource projects. The Opemiska property covers 12,782 hectares and covers the past producing Springer, Perry, Robitaille and Cooke mines, previously-owned and operated by Falconbridge between 1953-1991. The project hosts excellent on-site infrastructure, including a power station and direct access to Highway 113 and the Canadian National Railway.

QP Statement

The technical information contained in this news release has been reviewed and approved by Charles Beaudry, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold, a Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects." For the exploration undertaken by QC Copper & Gold, all assay batches are accompanied by rigorous Quality Assurance procedures that include insertion of standards and blanks and verification assays in a secondary laboratory. Quality Control results, including the laboratory's control samples, are evaluated immediately on reception of batch results and corrections implemented immediately if necessary. All drill collars are surveyed and positioned in UTM coordinates. Downhole deviations surveys are done with a Reflex instrument at 30m intervals. A systematic density measurement program using two methods was implemented to measure the density of all rock types. A specific susceptibility measurement protocol was also implemented to estimate the relative abundance of magnetite in the Ventures Sill's variably magnetic rocks. A focused optical and acoustic televiewer surveying program is planned at the end of the program to obtain correctly oriented structural measurement to inform the interpolation algorithms of the block modelling software that will be used to estimate the mineral resources Springer and Perry Mines pit.

For information and updates on QC Copper and Gold, please visit: www.qccopper.com
And please follow us on Twitter @qccoppergold

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for this release's adequacy or accuracy. Certain information in this press release may contain forward-looking statements. This information is based on current expectations subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. QC Copper and Gold Inc. assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to QC Copper and Gold Inc. Additional information identifying risks and uncertainties is contained in QC Copper and Gold Inc. filings with Canadian securities regulators, which filings are available under QC Copper and Gold Inc. profile at www.sedar.com.

SOURCE QC Copper and Gold Inc.



Contact
Stephen Stewart, Chief Executive Officer, Phone: 416.644.1567, Email: sstewart@qccopper.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
QC Copper and Gold Inc.
Bergbau
A2QDW7
CA74738B1094
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2021.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"