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CopperBank Drills 300 Meters of 0.53% Cu at Pyramid including 40.85 Meters of 1.17%
VANCOUVER, BC / ACCESSWIRE / October 23, 2017 / CopperBank Resources Corp. ("CopperBank" or ...
About this update from Faraday Copper Corp
[{"type":"text","content":"CopperBank Drills 300 Meters of 0.53% Cu at Pyramid including 40.85 Meters of 1.17%VANCOUVER, BC / ACCESSWIRE / October 23, 2017 / CopperBank Resources Corp. (\"CopperBank\" or the \"Company\") (CSE: CBK) (OTC PINK: CPPKF) is pleased to report results from the third and fourth drill holes from its thirteen diamond drill hole (DDH) summer 2017 program on its 100% controlled Pyramid Copper Project. Highlights include:\n\n DDH 17PY033 intersected, 300 meters of 0.53% copper (0.65% CuEq), including 40.85 meters of 1.17% copper (1.31% CuEq). \n \n DDH 17PY034 intersected 232.88 meters of 0.19% copper (0.33% CuEq).\n \n The results from 17PY033 and previously reported 17PY032, confirm a broad horizon of continuous, higher grade mineralization over 400 meters long from 17PY032 to historical drill hole 11PY016. \n \n Results from the higher grade portions of these holes are not falling within the resource envelope of the historical mineral estimate (SRK 2013).\n \n The Main Zone is still open laterally and to depth.\n \n No deleterious chemical elements such as arsenic, antimony or selenium are present in significant levels\n\nThe 2017 drilling program, comprising 3,690 meters in thirteen diamond drill holes, was designed to verify the extensions of known mineralization within the deposit and to validate the existing block model established by the historical resource estimate (SRK, June 2013). Detailed maps and cross sections can be found here (click). Diamond drill holes 17PY031 and 17PY032 were previously reported (October 5, 2017).\nCopperBank Executive Chairman, Gianni Kovacevic comments, \"This program was carefully designed to increase tonnage and examine the higher grade portions of the deposit. Our team is very pleased to report multiple intervals of broad and continuous mineralization at grades higher than the historical resource estimate. We await the results of the final nine drill holes, so our team can see how these results impact the historical resource estimate, and where future drilling should take place.\"\nDrill Hole 17PY033:\nLocated in the Main Zone, DDH 17PY033 was drilled to a depth of 375 meters and confirmed the existence of significant copper mineralization associated with the main quartz diorite porphyry intrusion as reported in DDH 11PY016 located 150 meters to the East. The contact between the hornfels and th...