| Announcement Date: | 2022-08-02 |
|---|---|
| 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. 31.82m @ 0.348% Cu, 2.47g/t Ag, 0.01g/t Au, 0.006% Mo from 163m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, British Columbia–(Newsfile Corp. – August 2, 2022) – CAVU Energy Metals Corp. (CSE: CAVU) (OTCQB: CAVVF) (FSE: 5EO) (“CAVU” or the “Company”) is pleased to report additional results from the 2022 diamond drilling at its road-accessible Hopper Copper-Gold porphyry project in Yukon, Canada. The Hopper Project is located in the Traditional Territory of the Champagne and Aishihik First Nations. Hole HOP22-DDH04 was collared roughly 400m east-northeast of HOP21-DDH06 which returned 116.18m at 0.21% Cu [1] from surface before intersecting roughly 200m of unmineralized dikes and intrusive phases. HOP21-DDH06 proved the presence of porphyry-style mineralization within alteration typical of porphyry deposits. However, it also showed that the Hopper Intrusive Complex contains unmineralized intrusive phases. The presence of unmineralized intrusive phases and later dikes complicates targeting but is a common feature of large porphyry systems. Hole HOP22-DDH04 intersected various intrusive phases of the Hopper Intrusive Complex from 25.25m onwards until the end of hole at 332m with enriched |
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