| Announcement Date: | 2022-02-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | QC Copper and Gold Inc. |
| Project name: | Opemiska |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper,Zinc,Cobalt |
| Highlight: | Drilling results incl. 184.5m @ 0.228% Cu, 0.089g/t Au, 0.328g/t Ag, 81ppm Zn, 33ppm Co from 196.5m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, Feb. 15, 2022 /CNW/ – QC Copper and Gold Inc. (“QC Copper” or the “Company”) (TSXV: QCCU) (OTCQB: QCCUF) is pleased to announce initial assay results from its Q4 2021 drill program. Significant results were obtained in several drill holes, but most notable was hole OPM-21- 122, which returned an intersection of 184.5 metres grading 0.32% Cu-eq, including 49.5 metres grading 0.70% Cu-eq. “These results are notable because they extend mineralization into areas that were not well sampled or included in September 2021’s Mineral Resource Estimate. This hole clearly demonstrates the inpit mineralization expansion potential relative to what was defined in our initial Mineral Resource Estimate. Priority step-out holes are planned to follow up to the east, west, and up-dip from Hole 122 as part of definition drilling to expand the in-pit mineral resource on the Springer-Perry deposit,” said Mr. Charles Beaudry, Director and Vice President of Exploration for QC Copper. Update on Geologic Interpretation / Domaining of Mineralization As part of an updated mineral resource for the Springer-Perry deposits planned for late 2022, the geology is being re-interpreted from a vein and halo categorization to the domaining of global mineralized envelopes above a nominal cut-off grade of 0.2% Cu-eq |
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