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Element 29 Drills 349.0 Metres of 0.77% Copper Including 123.0 Metres of 1.42% Copper as Enrichment at Flor De Cobre
Element 29 hosts webinar to review the Flor de Cobre project at 12:00pm ET April 20, 2022- cl...
About this update from Element 29 Resources, Inc.
[{"type":"text","content":"Element 29 Drills 349.0 Metres of 0.77% Copper Including 123.0 Metres of 1.42% Copper as Enrichment at Flor De CobreElement 29 hosts webinar to review the Flor de Cobre project at 12:00pm ET April 20, 2022- click HEREVancouver, British Columbia--(Newsfile Corp. - April 19, 2022) - Element 29 Resources Inc. (TSXV: ECU) (OTCQB: EMTRF) (\"Element 29\" or the \"Company\")  is pleased to announce results from its two initial drill holes of the 4,000 metre (\"m\"), eleven-hole drill program at the Flor de Cobre Copper Project (\"Flor de Cobre\" or \"the Project\") located in southern Perú (Figure 1).Steve Stakiw, Element 29's President and CEO, comments, \"We are very encouraged by how similar the results of these first two drill holes are to the copper grades in the historical data. The downhole position of mineralized zones in the twinned holes very closely correlate to the historical records. Primary mineralization also extends beyond the depths of the historical holes and enhances the primary sulphide exploration potential below the enrichment zone.\"Flor de Cobre Drilling HighlightsDrill hole FDC001 intersected 349.0 m of 0.77% copper (\"Cu\") including 123.0 m of 1.42% Cu in the enriched sulphide zone followed by 226.0 m of 0.42% Cu in the primary sulphide zone below. Drill hole FDC002 intersected 378.55 m of 0.50% Cu including 130.7 m of 0.90% Cu in an enriched sulphide zone followed by 247.85 m of 0.30% Cu in the primary sulphide zone below.The above holes showed excellent correlation with their respective legacy drill holes. The Cu grades and lengths in the enrichment zone were very similar to the intervals previously reported for the historical holes they twinned.Mineralization extended past the depths of the historical drill holes and indicate exploration potential for primary Cu sulphide resources below the enrichment zone.Table 1. Results of drill holes FDC001 and FDC002. Grades are length weighted averages of samples within the intervals shown.HoleFrom(m)To(m)Length2(m)Cu(%)Mo(%)Ag(ppm)As(ppm)CuEq1(%)FDC00178.00427.00349.000.770.0061.7860.81enriched78.00201.00123.001.420.0041.81041.45primary201.00427.00226.000.420.0071.7750.46including201.00318.10117.100.580.0072.0900.62and includes239.00269.5030.500.650.0082.41190.70and includes287.50318.1030.600.730.0053.21080.78including318.10427.00108.900.250.0061.2600.28FD...