Doré Copper Mining Corp finds high-grade copper, gold and silver on its Corner Bay property in Quebec
Results from the 2021 drilling campaign included 3.7 meters of 9.4% copper, 2.8 grams per tonne (g/t) gold and 36.5 g/t silver
Doré Copper Mining Corp announced additional results from the 2021 drilling campaign at its flagship Corner Bay property in Quebec, which included 3.7 meters (m) of 9.4% copper, 2.8 grams per tonne (g /t) of gold and 36.5 g/t of silver.
The company said the latest drill results have further expanded the deposit in three zones and will be incorporated, along with other pending assays, into an updated resource estimate for the Corner Bay deposit for the Preliminary Economic Assessment (PEA). ) expected at the end of the first quarter of 2022.
“These positive drill results from three different areas of the deposit, along with pending assays from the remainder of the 2021 drill program, are expected to further increase the mineral resources to be reported in the upcoming PEA,” said Ernest Mast, CEO of Golden Copper. said in a statement.
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“The connection of the main vein above the dyke with the deep lower lens is very important. Additionally, the intercept in hole CB-21-52 is the highest copper equivalent grade recorded in the history of the deposit,” added Mast.
Doré Copper noted that assay results for the remaining 11 holes are pending.
The company added that it plans approximately 40,000m of infill drilling at Corner Bay in 2022 to upgrade the inferred resources to the indicated category for the feasibility study which will begin following the completion of the PEA at the end of the year. of the first trimester.
Doré Copper Mining owns an extensive land package in the prolific Lac Doré/Chibougamau and Joe Mann mining camps which produced 1.6 billion pounds of copper and 4.4 million ounces of gold. The package includes 13 former producing mines, deposits and resource target areas within a 60 kilometer radius of the company’s Copper Rand plant.
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