Exploration News (December 01, 2006)
Copper opportunities in British Columbia
Not every exploration company is seeking precious or exotic minerals. Several are finding tantalizing clues to base metal riches in Canada’s westernmost province. Here are some recent results.
Canadian Gold Hunter reports that it has traced a 100-m extension of the Donnelly zone at its GH/Kinaskan Copper-Gold Project between Stewart and Cassiar. Moreover, deep diamond drill holes in the western and central parts of the zone returned assays that include 0.211% Cu and 0.354 g/t Au over 256 m. (www.CanadianGoldHunter.com).
The 14-hole, summer 2006 drilling program at the Redton and Kliyul Projects is completed, reports Geoinformatics. From Kliyul, the best assay was 0.20% Cu and 0.51 g/t Au over 239.8 m. The Redton program returned 167 m at 0.31% Cu, including a 33-m section of 0.59% Cu and a 10-m section of 0.98% Cu. The company is earning an 85%-interest in these projects. (www.Geoinformex.com).
Seabridge Gold reports that the latest results from it new Mitchell Gold-Copper Deposit appear to expand the limits of the mineralization. The longest intersection was 295 m grading 0.31% Cu and 0.97 g/t Au. The Mitchell deposit lies within the company’s Kerr-Sulphurets project northwest of Stewart; it is under option to Xstrata Copper. (www.SeabridgeGold.net).
Torch River Resources is hard at work on its Red Bird Porphyry Copper-Molybdenum Property on the central coast of the province. Of particular interest is the moly potential of the deposit. Three recent holes returned moly equivalent grades of 0.057% over 138.65 m, 0.030% over 243.02 m, and 0.050% over 159.03 m. This is in addition to the 0.804% MoEq over 205 m reported late in October. (www.TorchRiver.ca).