Red Chris Drill Hole Returns 1.7% Copper and 3.3 g/t Gold Over 276 Metres [Canadian Business Journal (Canada)]
NEWCREST MINING LTD S/ADR (NCMGY)
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Source: Canadian Business Journal
VANCOUVER, British Columbia, March 10, 2020 (GLOBE NEWSWIRE) — Imperial Metals Corporation III There are two drilling campaigns presently underway at Red Chris. The first is the East Zone Resource Definition Programme which is designed to obtain geological, geotechnical and metallurgical data to support future studies for underground block cave mining. The second is the Brownfields Exploration Programme, which is searching for additional zones of higher grade mineralization within the Red Chris porphyry corridor. A total of 9,235 metres of drilling has been completed since December 2019, contributing to a total of 26,735 metres of drilling being completed since Newcrest acquired its interest in the joint venture on 15 August 2019. The East Zone Resource Definition Programme comprises 16 angled drill holes of which seven have been completed. Latest results are: • RC600 returned: 188m @ 0.52 g/t Au and 0.54% Cu from 570m including 64m @ 0.86 g/t Au and 0.89% Cu from 658m including 20m
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