Business
Canadian Copper Provides Chester Regional Prospecting Update
Toronto, Ontario--(Newsfile Corp. - November 14, 2022) - Canadian Copper Inc. (CSE: CCI) ("Canadian Copper" or the "Company") is pleased to provide an update on
About this update from Canadian Copper, Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - November 14, 2022) - Canadian Copper Inc. (CSE: CCI) (\"Canadian Copper\" or the \"Company\") is pleased to provide an update on its property-wide 2022 trenching program at the Chester Project (\"Chester\") located in the well-known Bathurst Mining Camp (\"BMC\") in Northern New Brunswick. Provincial funding for the Chester Project was also applied for and successfully approved under the New Brunswick Junior Mining Assistance Program (\"NBJMAP\") totaling $20,000 which will be allocated to this current 2022 exploration program. \"The NBJMAP financial assistance program is just another excellent example of New Brunswick's continued support for the exploration sector. The Chester Project has underexplored geophysical and geochemical anomalies located to the northwest and northeast of our property package. These areas are situated within the favourable stratigraphic Clearwater horizon and are greater than 5 kms away from the known Chester Deposit. Our systematic exploration strategy of trenching and rock sampling first will help cost effectively define the 2023 exploration plans for the Project,\" Simon Quick, CEO of Canadian Copper. Trenching Program Specifics: Our exploration team and equipment mobilized in early October, 2022 and commenced active trenching on Priority A areas. Priority A targets include a total of 10 trenches over 3,500 meters. To date, 5 trenches for ~2,500 meters has been completed. Several sites show significant mineralization in Po-Py-Cpy at surface within the Clearwater stratigraphic horizon, the same host horizon as the Chester Deposit. Priority A targets are focused on the northwest areas (Figure A), and Priority B targets will be explored pending the onset of winter or in the spring of 2023. Targets were developed using a combination of geochemical (soils), geophysical surveys (VTEM), and following the favourable Clearwater horizon. Drone videos of our trenching and prospecting activities can be found below: Video 1: View HereVideo 2: View Here Figure A: Active Trenching Program at Chester Figure A Description Support: This is a total magnetic map over local topography and geology. Warmer red colours indicate magnetic rocks, whereas cooler blue colours represent rocks which are not. Areas within the hotter magnetic colours, that occur within the Clearwater Horiz...