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Capstone Copper Provides an Update on its Global Exploration Program
VANCOUVER, British Columbia / Jun 13, 2022 / Business Wire / Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) today announced brownfield drill resul
About this update from Capstone Copper Corp.
[{"type":"text","content":"VANCOUVER, British Columbia / Jun 13, 2022 / Business Wire / Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) today announced brownfield drill results from the 2021-2022 exploration program at the Cozamin mine in Mexico, and at the Santo Domingo Project in Chile as well as greenfield results at the Planalto Project in Brazil, and provided an update of activities at Copper Cities in Arizona, USA. This press release should be read in conjunction with the June 2022 exploration update presentation available at Capstone Copper - Exploration Excellence. To view an interactive presentation including a 3D model of Cozamin, please visit https://vrify.com/decks/11666?auth=6c97245b-87d3-4cb0-8354-c5483be80d0e Brad Mercer, SVP, Exploration and Strategic Projects said, “We have an exploration team with a proven track record of excellence and this update highlights the exciting path forward for continued value to be generated through the drill bit. Capstone Copper has significant brownfield exploration potential that points to mine life extensions and expansion opportunities, as well as greenfield potential in Brazil within a great mining jurisdiction. Our exploration portfolio has never been as robust as it is today which will keep us on a sustainable growth path well into the future”. Cozamin – Underground Resource Expansion Update Capstone’s 2021-2022 exploration program has focused on the Mala Noche Vein (“MNV”) West copper target, which is located down-dip of historical workings. Drilling in 2021 was performed from surface, with underground drilling added following completion of the West cross-cut in the first quarter of 2022. Since the program started in 2021, approximately 40,000 meters (“m”) of drilling have been completed from 47 holes from surface with an additional 9,000m from 12 holes planned for the remainder of 2022. A proposed lower elevation mine cross-cut will allow expedited infill drilling in 2023 to support an updated resource estimate during the second quarter of 2023. The area can be accessed by refurbishing and deepening existing historic ramps at MNV or laterally from existing Mala Noche Foot Wall Zone haulage ramps and levels. The 2022 Cozamin exploration program will also include surface drill testing of other targets along strike from San Roberto and San Rafael mine areas at MNV Far West and MNV Far East...