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CopperBank Retains Consultant for 43-101 Technical Report on San Diego Bay
VANCOUVER, BC / ACCESSWIRE / November 28, 2017 / CopperBank Resources Corp. ("CopperBank" or...
About this update from Faraday Copper Corp
[{"type":"text","content":"CopperBank Retains Consultant for 43-101 Technical Report on San Diego BayVANCOUVER, BC / ACCESSWIRE / November 28, 2017 / CopperBank Resources Corp. (\"CopperBank\" or the \"Company\") (CSE:CBK) (OTC PINK: CPPKF) is pleased to report results of its Summer 2017 program on its 100% controlled San Diego Bay Project (\"SDB\") located on private property on the Alaska Peninsula. Results from the 2017 rock and soil sampling program will be used by the Company to orient future work programs. The Company has retained SRK Consulting (Canada) to complete a 43-101 Technical Report on the San Diego Bay Project. This report will be augmented by the planned structural and hyperspectral study (see November 14, 2017 press release).\nA total of 37 grab rock samples and 173 C-horizon soil samples were collected over the summer field season. The soil sampling program was performed over three areas of the San Diego Bay Property: San Diego Bay in the southeast, Renshaw Point in eastern portion, and a wider area near Balboa Bay on the western side of the property. The goal of the sampling program was to verify historically reported anomalies in copper or in gold and other auxiliary metals such as molybdenum, zinc, silver and lead. Results from this year highlight several gold anomalies in the soil, with the best values returned from the West side of the Property. Detailed maps can be viewed on the CopperBank website.\n\n The Balboa area displays a multiple element soil anomaly in copper, gold, molybdenum and silver spreading over 2.7 km along a northeast trend and an apparent average width of 500 meters. This area encloses the auriferous Oh Boy Vein in its southwestern part, historically described as a 30 meter wide quartz vein zone. The metal assemblage could reflect the presence of a porphyry-style mineralization.\n The area sampled near the intrusion at Renshaw Point revealed a soil anomaly of nearly 400 meters in length returning silver values averaging more than 1 g/t and local gold values over 0.2 g/t Au along the intrusive contact. More work will be necessary to see if the anomaly is due to the presence of epithermal veins.\n The tested area around the intrusion of San Diego Bay returned a single gold anomalous sample (0.06 g/t) and no significant values for other metals of interest.\n\nRock sampling was limited to the Balboa area. Several sa...