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Libero Intersects 80.77 Metres of 0.43% Copper Equivalent at Big Red From Surface
Libero Intersects 80.77 Metres of 0.43% Copper Equivalent at Big Red From Surface ...
About this update from Copper Giant Resources Corp
[{"type":"text","content":"\n \n \n \n Libero Intersects 80.77 Metres of 0.43% Copper Equivalent at Big Red From Surface\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Jan. 12, 2021\n \n /CNW/ -\n \n \n Libero Copper\n \n & Gold Corporation\n \n (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) is pleased to announce assay results for two holes from the Terry porphyry copper target at the Big Red Project in BC's Golden Triangle. Both holes contain copper mineralization throughout their entire lengths – 0.24% Cu over 172.2 metres and 0.16% Cu over 182.88 metres, in BR-20-25 and -24 respectively. Contained in these intervals are near-surface, strongly elevated zones of copper and silver mineralization, including\n \n 0.36% Cu and 2.45 g/t Ag over 80.77 metres\n \n which includes\n \n 0.71% Cu and 4.3 g/t Ag over 13.72 metres\n \n (BR-20-25), and\n \n 0.29% Cu and 2.23 g/t Ag over 42.67 metres\n \n (BR-20-24). Assay results for two additional holes at Terry are still outstanding.\n \n \n \"We continue to be encouraged by these initial intercepts,\" comments\n \n Ian Slater\n \n , Chief Executive Officer. \"Taken into context that very limited work was performed on the Terry target – essentially just surficial grab sampling during 2020 – these results are remarkably impressive. Given the underexplored nature and the clear upside potential, the Terry target will be a major focus for Libero's 2021 Big Red field program, which will include a significant diamond drill program guided by mapping and robust geophysical and geochemical surveys.\"\n \n \n \n \n \n \n \n \n \n \n Table 1:\n \n Select intervals from drill holes at the Terry target. *Previously released and redrilled to 120 metres in hole BR-20-23 with assays pending. **The prices used to calculate CuEq are: Cu:\n \n $3.50\n \n /lb, Au:\n \n $1,850\n \n /oz, Ag:\n \n $25\n \n /oz. All values are reported in USD and do not consider metal recoveries.\n \n \n The Terry porphyry copper-gold target...