Business
Coastal Copper Project: Drilling Expands Double Ed Massive Sulphide Deposit
Coastal Copper Project: Drilling Expands Double Ed Massive Sulphide Deposit.
About this update from Eskay Mining Corp
[{"type":"text","content":"\n\n\n\n\nSymbol: KRE: TSX-V\nFRANKFURT - BERLIN - 878 985\n\nVANCOUVER, Aug. 15 /CNW/ - KENRICH-ESKAY MINING CORP. (the \"Company\") has\nnow received base metal and precious metal assays from an additional seven\ndiamond drill holes from its 2006 exploration program on the Coastal Copper\nProject, near Anyox, BC.\nThe Company is currently conducting drilling programs on two major\nprojects: the Coastal Copper Project in the Anyox mining camp south of\nStewart, B.C. and the Corey Project in the Eskay Creek mining camp north of\nStewart. A total of four drills are currently deployed on these two projects.\nField crews at the two projects comprise a total of 60 persons conducting\ngeological mapping and core logging, geochemical sampling, prospecting of\ngeophysical anomalies and diamond drilling.\nThe Company was very pleased to add the Coastal Copper project to its\nStewart area property portfolio. Now, both of the Company's mining properties\nstraddle a regional-scale structural feature that spawned the rifting,\nvolcanism and sedimentation of the Eskay Rift. Those rift-related rocks host\nthe very gold-silver rich Eskay Creek massive sulphide deposit of Barrick\nGold. However, the southern continuation of that same rift spawned\ncopper-zinc-silver massive sulphide deposits at Hidden Creek and Bonanza that\nproduced about 22 million tonnes of copper-zinc-silver ore for the Anyox mill\nand smelter complex.\nThe Coastal Copper project abuts the Hidden Creek and Bonanza mining\nproperties, and contains within its boundaries, over 20 km strike length of\nsimilar rift stratigraphy as those previously exploited copper-zinc-silver\ndeposits. This geology is expected to yield deposits that tend toward much\nlarger size than Eskay Creek, rich in copper and zinc, but on average, lower\nin precious metals. The most significant of the Coastal Copper prospects is\nthe Double Ed volcanogenic massive sulphide deposit. The Company is currently\ndrilling that deposit, to depth, and along strike to the north and south.\n\nCoastal Copper Project: Double Ed Phase 1 Diamond Drilling\n----------------------------------------------------------\n\nDiamond drilling in the 2006 program commenced on the Double Ed\nvolcanogenic massive sulphide deposit. Previous exploration programs outlined\na resource of about 2 million tonnes grading 1.3% Cu and 0.6% ...