CopperBank Drills 0.48% Cu Over 201 Metres at Pyramid, Alaska

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[{"type":"text","content":"CopperBank Drills 0.48% Cu Over 201 Metres at Pyramid, AlaskaVANCOUVER, BC / ACCESSWIRE / October 4, 2017 / CopperBank Resources Corp. (\"CopperBank\" or the \"Company\") (CNSX: CBK) (OTC PINK: CPPKF) (FRA: 9CP) is pleased to present the initial results of its summer diamond drilling program on its 100% controlled Pyramid copper deposit, located on the Alaskan Peninsula. The results returning from hole 17PY032 had 3 significant near-surface intervals totaling more than 290 metres at grades higher than 0.33% Copper, demonstrating Pyramid's potential for expansion.\nThe 2017 drilling program was designed to chase the extensions of the mineralization within the various zones composing the deposit, establish the connections between the three mineralized zones and to validate the existing block model established by the previous operators. Thirteen holes totalling 3628 metres of NQ size core were completed over eight weeks from July 29 to September 3. All the holes intersected hornfelsed siltstone and/or felsic to intermediate porphyritic intrusions with variable amounts of mineralization. The first two holes of the campaign, 17PY031 and 17PY032, reached the goal of verifying the mineralization extension. Significant mineralized intervals, calculated using a 0.2% Cu cut-off were established for 17PY032 with the best intercept of 201 metres 0.48 % Cu, 0.021 Mo and 0.1 g/t Au.\nDrill Hole 17PY031\nThis hole located in the western extension of the North Zone established more precisely the disruption of the mineralization within the West zone. Several porphyry bodies traversed hornfelsed sediments but mineralization consisting of disseminated chalcocite is scarce. The best interval intercepted chalcocite disseminations associated with a weak potassic alteration overprint over 6 metres.\n\n\n \n \n \n From m\n \n \n To m\n \n \n Width m\n \n \n Cu %\n \n \n Mo %\n \n \n Au g/t\n \n \n CuEq %\n \n \n \n \n 24\n \n \n 30\n \n \n 6\n \n \n 0.235\n \n \n 0.054\n \n \n 0.043\n \n \n 0.390\n \n \n \n\n\nDrill Hole 17PY032\nDrill hole 17PY032 is located in the main zone, 125 metres West of drill hole 11PY014 and 85 metres East of drill hole 10PY002 with the aim to verify a westward extension of the deposit. Hole 11PY014 returned 100 m (from 48m) of 0.48% Cu, 0.1g/t Au and 0.033 % Mo, and hole 10PY002 returned 352m (from 4.57m) of 0.343 % Cu, 0.07...

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