Announcement Date: 2022-07-11
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: CAVU Mining Corp.
Project name: Hopper
Location: Canada
Commodities: Gold,Silver,Copper,Molybdenum
Highlight: Drilling results incl. 15.27m @ 1.869% Cu, 1.037g/t Au, 13.8g/t Ag, 0.0092% Mo from 62.23m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – July 11, 2022) – CAVU Energy Metals Corp. (CSE: CAVU) (OTCQB: CAVVF) (FSE: 5EO) (“CAVU” or the “Company”) is pleased to provide results of the first four diamond drill holes from its exploration program on the Hopper porphyry/skarn copper-gold project in southern Yukon. The Hopper Project is located in the traditional territory of the Champagne and Aishihik First Nations. Hole HOP22-DDH-01 was collared on the eastern edge of a geophysical EM anomaly (Fig. 1) that is associated with massive magnetite and copper-iron sulphides in the skarn. The hole intercepted a single skarn horizon that yielded 0.731% Cu, 1.37 g/t Au and 5.5 g/t Ag over 91cm from 69.50m before it had to be abandoned at 104m due to ground conditions. Hole HOP22-DDH01B was collared from the same pad as HOP22-DDH-01 and drilled at a steeper grade. The hole intercepted 8 skarn horizons ranging from 1 to 6.99m thick and grading up to 1.59% CuEq. Hole HOP22-DDH-02 intersected 16.52m at 1.27% CuEq from 107.02m in what is modeled as skarn horizon #2. This is the first time that horizon #2 intersected meaningful grades of copper over a significant intercept and indicates the potential
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