WILLIAMS LAKE: Taseko Mines Limited has just announced the discovery of a new high-grade copper zone northwest of the perimeter of the Extension Pit at its Gibraltar mine near Williams Lake, B.C.
Diamond Drill Hole (DDH) 2015-001 was drilled to a depth of 2,500 feet and intersected varying copper grades over 1,120 feet including selected intervals totaling 240 feet averaging 0.68% copper equivalent inside an interval of 510 feet averaging 0.42% copper equivalent (see table for intersection details).
DDH 2015-001 was drilled to test the total thickness of mineralization presented by three drill holes drilled in 1992. There is evidence which indicates that Gibraltar has a large, high-grade core that remains to be discovered, to the northwest and at reasonable depth. The three holes terminated in mineralization at a depth of between 800 and 900 feet. None of the core was assayed for gold at that time.
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