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Diamond Drilling Commences at Bell Copper's Perseverance Porphyry Copper Project in Arizona, USA
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Bell Copper Corporation ...
About this update from Bell Copper Corporation
[{"type":"text","content":"Diamond Drilling Commences at Bell Copper's Perseverance Porphyry Copper Project in Arizona, USAVancouver, British Columbia--(Newsfile Corp. - October 19, 2021) - Bell Copper Corporation (TSXV: BCU) (OTCQB: BCUFF) (\"Bell Copper\" or the \"Company\") is pleased to report the recommencement of diamond drilling at the Perseverance porphyry copper project, located in northwestern Arizona, USA. The Perseverance project is under a Joint Venture - Earn In with Cordoba Minerals Corp. (TSXV: CDB) (OTCQB: CDBMF).Highlights:Assay results from drill hole K-20, drilled in late 2018, to a vertical depth of 1,319 metres, returned anomalous copper values averaging 415 ppm copper over 595 metres (using a 200 ppm copper cut-off grade), beginning at a depth of 683 metres (refer to news release dated May 21, 2019). This long intercept of anomalous copper indicates that the hole intersected the low grade, peripheral envelope to a porphyry copper system.Magneto-telluric (\"MT\") data collected to date have defined two low resistivity anomalies of less than 10 ohm-m located to the north and to the east of drill hole K-20. A low resistivity anomaly of less than 14 ohm-m is a characteristic feature of the giant, high-grade Resolution porphyry copper deposit in Arizona owned by Rio Tinto and BHP.An initial two diamond drill hole program is underway to test the Northern MT anomaly.Bell Copper President & CEO Dr. Tim Marsh stated- \"The coming few months at Bell Copper are expected to be the most exciting that our company has seen. Bell now has drills turning at both Perseverance and its 100% owned Big Sandy project here in Arizona. I believe that there is no other junior explorer who stands on the cusp of demonstrating two porphyry copper deposits, each of potential global significance. Ultimately the drill will determine our success, and I like our chances.\" K-20 Suggested Proximity to Porphyry Copper SystemBell Copper previously reported that diamond drill hole K-20 was halted at a depth of 1,319 metres (refer to news release dated February 25, 2019). Assay results from drill hole K-20, drilled vertically to a depth of 1,319 metres, returned anomalous copper values averaging 415 ppm copper over 595 metres (using a 200 ppm copper cut-off grade), beginning at a depth of 683 metres. This long intercept of anomalous copper indicates that the hole inte...