BRITISH COLUMBIA – Two holes do not a new mine make, but Vancouver-based CARMAX EXPLORATIONS has reported good results from early holes at its Eaglehead copper-molybdenum property near Dease Lake. Ten holes have been completed, but the company only had results from two of them when it issued the release.
Hole 60A intersected 3.06 m near-surface that assayed 0.956% Cu and 0.003% Mo. Although assays varied along the length of the hole, they mostly ran around 0.5% Cu, with the final 10.7 m assaying 0.429% Cu and 0.035% Mo when it bottomed out at 356 m in the mineralized zone. Hole 61 bottomed out in mineralization at 419 m. Copper assays were similar to hole 60A, but moly content lessened in the deeper sections of hole 61. Both holes revealed secondary enrichment and native copper, leading Carmax to speculate that a large porphyry environment exists.
Detailed assays from these two holes can be examined at www.CarmaxEx.com. More information about the Eaglehead property is also available.