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Ero Copper announces new regional discovery south of Vermelhos Mine – Siriema
VANCOUVER, British Columbia, July 30, 2019 (GLOBE NEWSWIRE) -- Ero Copper Corp. (the “Company”) (TSX: ERO) is pleased to announce the first regional discovery b
About this update from Ero Copper Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, July 30, 2019 (GLOBE NEWSWIRE) -- Ero Copper Corp. (the “Company”) (TSX: ERO) is pleased to announce the first regional discovery based upon the Company’s targeting exercise incorporating the result of the airborne survey completed in late 2018. The new discovery, named Siriema, is located approximately 1.5 kilometers south of the Vermelhos Mine. To date, copper mineralization at Siriema has been defined by both core drilling (11 holes) and reverse circulation (“RC”) drilling (22 holes) totaling 8,566 meters and has been interpreted as a mineralized zone extending approximately 400 meters in strike-length, approximately 20 to 50 meters in width, and from surface to a depth of approximately 250 meters. The zone is interpreted to contain multiple sub-vertical mineralized lenses and remains open to depth and to the east. While the mineralization encountered to date is predominately disseminated, drilling following down-hole electromagnetic (“EM”) anomalies continues to intercept a shallow-plunging east-dipping zone of high-grade massive-sulphide breccia mineralization trending to the north-northwest. Follow-up drilling as well as additional down-hole EM surveys along this massive-sulphide zone remain ongoing. Results received to date are highlighted by: Drill hole CRN5-06 that intersected 32.0 meters grading 1.81% copper including 13.0 meters grading 2.57% copper from 43.0 meters downhole; Drill hole CRN5-12 that intersected 21.0 meters grading 1.74% copper including 5.0 meters grading 3.93% copper from 146.0 meters downhole; Drill hole FSI-37 that intersected 29.7 meters grading 1.13% copper, including 3.0 meters grading 5.25% copper from 261.9 meters downhole. Commenting on the discovery, David Strang, President & CEO, stated, “We are absolutely delighted with the Siriema discovery. As the first target to be drilled following our targeting exercise, Siriema validates our data-driven exploration methodology particularly as Siriema had several historic holes that were drilled in the opposite orientation missing the main mineralized trend. Our geology teams’ data-driven approach gives us confidence in our regional exploration program as we continue to step-out away from our existing mining operations towards the more than fifty regional target clusters identified to date during this work. The ...