Kutcho Copper Corp. [KC-TSXV; KCCFF-OTC] reported additional drill results from the Main deposit at its 100%-owned Kutcho high-grade, copper-zinc project located 100 km east of Dease Lake, northern British Columbia.
Drill holes KC18-235 to KC18-248 are distributed throughout the Main deposit and were primarily designed to collect metallurgical samples. These holes intersected all styles of mineralization, including exhalative, semi-massive and massive sulphide mineralization. These holes have also increased confidence in the mineral resource model. Highlights from the Main deposit include:
- KC18-235 with 15.6m of 2.58% Cu, 3.7% Zn, 56.7g/t Ag and 0.65g/t Au or 5.0% CuEq* (including 5.8m of 6.4% CuEq*)
- KC18-243 with 12.6m of 2.17% Cu, 2.1% Zn, 38.9g/t Ag and 0.29g/t Au or 3.6% CuEq* (including 8.3m of 4.6% CuEq*)
- KC18-245 with 34.2m of 2.17% Cu, 1.4% Zn, 35.7g/tAg and 0.38g/t Au or 3.3% CuEq* (including 8.4m of 5.1% CuEq* and including 14m of 4.1% CuEq*)
- KC18-247 with 10.4m of 3.44% Cu, 3.3% Zn, 48.1g/t Ag and 0.52g/t Au or 5.5% CuEq* (including 4.8m of 6.7% CuEq*
Vince Sorace, President and CEO stated, “These drill holes continue to confirm the high-grade nature of mineralization at the Main deposit. We have now commenced our metallurgical program and continue to drive forward with all elements of the Feasibility Study, which remains on time, and on budget.”
*True width estimated to be 85% length of intercepts.
*CuEq = Copper Equivalent calculated using $2.75/t Cu, $1.10/t Zn, $17.00/Oz Ag, $1,250/Oz Au (US$).
These holes mark the completion of drilling required to assemble additional materials to conduct the metallurgical program designed to refine and build on previous studies conducted by Capstone Mining Corp. This bench scale test program has commenced and will define anticipated recoveries and concentrate grades and will guide design parameters of the flow sheet mass/water balance and reagent scheme/consumption required for the mill design. Testing will focus on ore variability, concentrate, tailing and water characterization and ore aging studies (for ore stockpile considerations). This work will be conducted under the supervision of Holland and Holland at the Bureau Veritas Lab in Richmond, BC.