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Cogitore discovers massive sulphides at the Scott Lake Project
Cogitore discovers massive sulphides at the Scott Lake Project.
About this update from Copper Road Resources Inc
[{"type":"text","content":"\n\n\n\n\nTORONTO, July 17 /CNW/ - COGITORE Resources Inc. (the \"Company\") (WOO:\nTSX-V) is pleased to report the discovery of massive sulphides at the\nCompany's 100% owned Scott Lake Project in Quebec. Hole SC-04, drilled to test\na deep \"Off-Hole\" Borehole EM anomaly originally identified by a previous\noperator (see Press release of May 31, 2006), has intersected 2.34 metres of\nvolcanogenic massive sulphides (VMS) along the same horizon that hosts the\nSelco deposit located about one kilometre further to the east.\n\nAssay results from the massive sulphides are tabulated below:\n\n>\n\nThe sulphides were intersected at a vertical depth of 740 metres and are\npartly detached from their felsic host rocks by mafic dykes. Thick envelopes\nof stringer and disseminated sulphides occur in felsic rocks above the massive\nsulphides and have yet to be sampled and assayed. A borehole PEM survey was\ndone in the hole and results indicate that the sulphides intersected are at\nthe edge of a larger conductor which is centered to the east and above the\nSC-04 intersection. The two closest holes testing the horizon in the direction\nof the conductor are located 800 metres directly to the east, and 600 metres\nto the east and above SC-04 respectively.\nThe large distance separating these holes, combined with the results of\nborehole geophysics, indicates that there is ample room for the new lens to\ncontain significant additional sulphides. The fact that the sulphides are\nstrongly anomalous in base metals while still at the edge of a larger\nconductive mass, suggests that SC-04 may have hit the edge of a potentially\nsignificant new VMS deposit. Such deposits are strongly zoned with respect to\ntheir metal contents, typically with zinc in the periphery and copper towards\nthe center of any given lens. Also, grades and thicknesses tend to be greater\nas the center of a lens is approached. Follow-up drilling is therefore\nnecessary to establish the size and grades of this lens. One drill rig is\ncurrently following up the SC-04 intersection.\nCompany President GDerald Riverin, Ph.D., P. Geo. stated \"We are very\nexcited about this new discovery at Scott Lake, which clearly illustrates that\nadditional massive sulphide lenses may indeed be located on the property. We\nare looking forward to further testing this new lens and also to conti...