Business
International Samuel Exploration Increases Williams Gold/Copper Porphyry Property by 50%, Announces Non-Brokered Private Placements & Appoints Mike Muzylowski to Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2018) - International Samuel Exploration Corp. (TSXV: ISS) (FSE: RCF1) (OTC: ISSFF) (the "Company" or
About this update from Copaur Minerals Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 19, 2018) - International Samuel Exploration Corp. (TSXV: ISS) (FSE: RCF1) (OTC: ISSFF) (the \"Company\" or \"International Samuel\") increases its land position at the Williams gold/copper porphyry property by 2,536 ha for a total of 7695 ha. The Williams Property is on trend and northwest to the recent acquisition of AuRico Metals Inc. (Kemess Mine) by Centerra Gold Inc. in a $310 million dollar transaction. Located between the Williams Property and Centerra Gold Inc. acquisition is Amarc Resources Ltd.'s Joy project, which was recently funded by Hudbay Minerals Inc. for $3.15 million dollars. The Williams gold/copper property hosts two large exploration targets, the T-Bill prospect which is prospective for mesothermal style gold mineralization, and the GIC porphyry prospect which is prospective for porphyry copper-gold-molybdenum style mineralization. The T-Bill prospect contains widespread alteration along with a large 1,200 by 2,300-metre gold in soil anomaly defined by gold greater than 100 parts ppb. The zone contains gold-rich quartz veins locally with visible gold. Historical drilling within a small portion of the anomaly (300 m by 300 m) intercepted 11 separate two-metre intervals containing more than 12 g/t gold. The best historical drill intersections include two metres at 24.8 g/t gold and two metres at 35.0 g/t gold. The mineralized veins occur as multiple subparallel vein swarms and could have bulk minable potential in addition to the high-grade underground vein targets. International Samuel is pleased that Canadian Mining Hall of Fame inductee Michael Muzylowski has agreed to join the Company's Advisory Board. Mr. Muzylowski is a geological engineer with a career spanning more than 35 years of varied experience in resource exploration and mining operations in diverse parts of the world. His diverse talents were instrumental in the discovery and development of 16 mineral deposits that became producing mines. He has directed grassroots exploration programs, developed properties from exploration to production and managed mining operations. Conrad Swanson, President of International Samuel Exploration Corp., stated \"I can't say enough about Mr. Muzylowski, a Canadian Mining hall of famer. I have no doubt Mr. Muzylowski's vast experience can assist in fast tracki...