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Drilling Starts at Carube Copper's Bellas Gate Project
Ottawa, Ontario--(Newsfile Corp. - May 8, 2017) - Carube Copper Corp. (CUC:TSXV ) is please...
About this update from C3 Metals Inc.
[{"type":"text","content":"Drilling Starts at Carube Copper's Bellas Gate Project2,000 Metre Program on High Priority Porphyry TargetsOttawa, Ontario--(Newsfile Corp. - May 8, 2017) - Carube Copper Corp. (CUC:TSXV) is pleased to announce the start of a drill program on its 100% owned Bellas Gate copper-gold project in Jamaica. The 2,000 metre program will focus on high-priority drill targets that have been clearly delineated based on results from previous drilling, ground exploration, soil geochemistry and airborne geophysics.Drilling will follow up on hole PVT-16-002 at the Provost prospect that intersected 339m of 0.34% CuEq (0.28%Cu, 0.12 g/t Au), including 10m of 1.79% CuEq (1.28%Cu, 0.90 g/t Au)¹.\"Carube Copper is now sufficiently funded to drill the high-priority targets delineated by the past two years' exploration. With 100% ownership of the Bellas Gate Project, our shareholders now stand to realize the full benefit of the $14 million invested in previous programs and from future exploration success. The Provost area in particular returned impressive copper mineralization from two recent drill hole. This program will endeavour to indicate the potential size of the porphyry system.\"— Jeff Ackert, President and CEO of Carube CopperFigure 1: Priority Drill Target Areas at Carube Copper's Bellas Gate ProjectTo view an enhanced version of this graphic, please visit:http://orders.newsfilecorp.com/files/2661/26662_carube_1.jpgHigh-Priority Targets The Provost Target is the top priority for Carube, as Hole PVT-16-002 intersected very strong porphyry copper mineralization with intense alteration and veining. Alteration assemblages encountered in both PVT-16-001 and PVT-16-002 suggest a propylitic assemblage interpreted as the margins of a broad porphyry deposit. Note that:PVT-16-002 intersected 339m of 0.34% CuEq (0.28%Cu, 0.12 g/t Au), including 10m of 1.79% CuEq (1.28%Cu, 0.90 g/t Au)¹; and PVT-16-001, which intersected 82m of 0.46% CuEq (0.37%Cu, 0.16 g/t Au), including 29m of 0.63% CuEq (0.49%Cu, 0.24 g/t Au)¹.The program's initial hole will be collared near PVT-16-002 and angled south east while subsequent holes will be collared approximately 100m and 200m south of PVT-16-002 and will drill to the east beneath the strongest copper in soil anomaly. The 28 hectare target area outlined in Figure 2 has enhanced copper, gold, silver...