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District Copper Announces Update on Exploration Plan for the Copper Keg Property
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2023) - District Copper Corp. (TSXV: DC...
About this update from District Copper Corp.
[{"type":"text","content":"District Copper Announces Update on Exploration Plan for the Copper Keg PropertyVancouver, British Columbia--(Newsfile Corp. - August 15, 2023) - District Copper Corp. (TSXV: DCOP) (\"District Copper\", \"District\", or the \"Company\") is pleased to provide shareholders with an update for this field season's exploration on its Copper Keg porphyry copper project located approximately 55 kms west of Kamloops, British Columbia. The property covers approximately 5,360 ha and is located at the north end of the Guichon Creek batholith.A crew will be mobilized in the coming weeks to follow up on targets from last year's high resolution, airborne magnetic survey to complete more detailed mapping and sampling to better define an initial drill program.Highlights from the airborne survey:The Magnetic Vector Inversion study identified seven target areas for follow-up exploration.Strong correlation of a buried intrusive within the Guichon Creek Batholith underlying the gossanous, argillic alteration associated with a positive chargeability anomaly and sporadic copper mineralization may indicate porphyry mineralization at depth.The band of low magnetics intensity on the eastern side of the survey area may be due to the absence of volcanic cover, hydrothermal alteration, or felsic intrusives.Several deep and smooth, uniform, magnetic susceptibility lows located within the project could be caused by felsic intrusives.The NNW trending structures yielded indications of magnetite destruction, typical of hydrothermal alteration,The areas of high magnetic susceptibility in the southeast corner of the survey that do not have a topographic correlation are likely to be caused by intrusives.Qualified PersonChris M. Healey, P.Geo., Chief Geologist, and a Director of District Copper Corp., is the qualified person under NI 43-101 guidelines who is responsible for the technical content of this release, and approves its release.About District CopperDistrict Copper is a Canadian company engaged in the exploration for porphyry copper deposits in south-central British Columbia.For further information, please visit www.districtcoppercorp.com to view the Company's profile or contact Jevin Werbes at 604-363-3506.------------------------------------------------------Jevin Werbes, President & CEONeither the TSX Venture Exchange nor its Regulation Services Provi...