Announcement Date: 2022-08-02
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Canadian Copper Inc.
Project name: Chester
Location: Canada
Commodities: Copper,Zinc
Highlight: Drilling results incl. 23.5m @ 0.79% Cu, 0.9% Zn from 5.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, Aug. 2, 2022 /CNW/ – Canadian Copper Inc. (“Canadian Copper” or the “Company”) (CSE: CCI) is pleased to announce positive exploration results from its first seven (7) drill holes at its Chester Copper Project (“Chester”) located in the Bathurst Mining Camp, New Brunswick, Canada. Each of the above stated objectives were met by these seven drill holes. The Copper Stringer Zone represents a wide mineralized copper system and extends laterally, at depth, and warrants additional exploration. Two (2) of four (4) regional drilling targets returned anomalous values for copper, silver, and zinc that warrant further exploration work. The MS targeted area supported grade and zone continuity and confirmed the presence of other metals primarily gold (C21-06: 0.39 g/t Au over 4.0m) and silver in the near-surface gossan zone. See Table 1 for additional drilling results. The Company will release results from the Phase 2 Program once all assay results are received and interpreted. Phase 2 objectives are targeting historical resource validation requirements, exploring gaps within known resource zones, and testing for presence of gold and silver mineralization within mineralized areas.
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