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Copper Road Resources Provides Exploration Update
TORONTO, March 08, 2023 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSXV: CRD) (“Copper Road” or the “Company”) is pleased to announce an update on its 2022
About this update from Copper Road Resources Inc
[{"type":"text","content":" TORONTO, March 08, 2023 (GLOBE NEWSWIRE) -- Copper Road Resources Inc. (TSXV: CRD) (“Copper Road” or the “Company”) is pleased to announce an update on its 2022 exploration activities and a preview of 2023 exploration plans at the 21,000-hectare Copper Road Project located 80 km north of Sault St. Marie, Ontario, Canada. Highlights: Tribag Mine Zone 2022 diamond drilling program: a total of 3,000 metres of step-out diamond drilling was completed in the former Tribag Mine area which extended near-surface copper mineralization at the Breton and East Breccias Breton Breccia: TR22-06: 100 m @ 0.32% Cu, 2.99 g/t Ag (0.35% Cu Eq) from 18-118 m East Breccia: TR22-07: 66 m @ 0.22% Cu, 2.94 g/t Ag, 0.02% Mo, 0.36 g/t Re (0.36% Cu Eq) from 69-135 m Regional Exploration Fall 2022: The Company executed a successful regional exploration campaign of geological mapping and geochemical sampling. The Company completed 120 lake sediments, 11 reconnaissance MMI (Mobile Metal Ion) soil samples and stream silts to validate new regional geophysical targets. The Company is currently compiling 2022 geochemical analytical results and digitizing historical geochemical results in order to create a comprehensive database across this extensive project. The Company has identified additional drill ready porphyry and breccia Cu-Mo-Au-Ag targets across the district which are discussed in detail below. The company plans a summer drill program based on analysis of a voluminous historical database of DDH, Geophysics and Geochemistry combined with recent 2022 regional exploration results. 2023 Program: the “JR Zone” (Jogran Porphyry and Richards Breccia) is approximately 10 kilometres southwest of the former Tribag Mine and contains mineralized surface breccia and surface porphyry targets. Examples of significant drill intercepts at the Richards Breccia (Aurogin, 1997) include: AR98-07: 27m @ 1.46% Cu, 0.17 g/t Au, 3.8 g/t Ag AR97-25: 40m @ 0.86% Cu, 0.06 g/t Au, 3.5 g/t Ag Figure 1: Copper Road Project Figure 2: Copper Road Regional View JR Zone: the JR Zone has seen limited shallow diamond drilling into known copper/gold mineralization with surface porphyry and breccia hosted Cu-Mo-Au-Ag. The targets are approximately 1 kilometre apart and have seen no exploration since 1998. Figure 3: JR Zone Long Section A. Jogran Porphry Target The Jogran Porphyry targ...