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General Copper Gold Announces First Drill Holes of Previously Untested IP Intersects Copper Mineralization of 0.5% over 76.95m
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2023) - General Copper Gold Corp. (CSE: GGLD) (FSE: 7S50) (OTCQB: GNRGF) (the "Company") is pleased t
About this update from General Copper Gold Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 8, 2023) - General Copper Gold Corp. (CSE: GGLD) (FSE: 7S50) (OTCQB: GNRGF) (the \"Company\") is pleased to announce the results of its initial three diamond drill holes on the Topley Richfield property (the \"Property\"), which confirms the interpretation of its Induced Polarization (\"IP\") survey. With significant intersections of high grade copper, the IP had identified three targets, none of which have been explored previously. Target 1 indicates that it lies on strike to the Topley shaft mineralization. Target 2 is a conductive feature west of the shaft that is unexplained and may relate to a large circular body. Target 3 is a linear anomaly southwest of shaft. All three holes of this initial program successfully intersected the identified structure of Target 1, which remains open in all directions, along strike and down dip. The structure appears to be an altered shear zone, with significant quartz along with pyrite and pyrrhotite veins and chalcopyrite. Further results, as demonstrated in the diagram below, are as follows: TM-22-03From 151.05 to-228m, 76.95m of 0.5% Cu. TM-22-02 From 130.5 to-229.5m, 99m of 0.3% Cu. TM-22-01From 131.5-208m, 76.50m of 0.38 % Cu.Including:From 136-149.5m, 13.5m of 0.49% Cu.From 179.5-205m, 25.50m of 0.55% Cu. Figure 1: Visualization of initial 3 holes showing rock type and copper grade The below diagram shows the interpreted results of the IP and highlights the 3 Targets identified, this Press Release relates to Target 1. Figure 2: Interpreted results of IP Survey showing the three key targets identified The work was completed on the Company's Topley Richfield property, located approximately 100 km southeast of Smithers, British Columbia, in the heart of the Omineca Mining Division. The Property's location near the Township of Topley allows for year-round access for heavy equipment via the Granisle Highway off the Yellowhead Highway. There has been significant historical, intermittent exploration of the Property, going back to 1927 with evaluation done from 1979 to 1987. One historical 410 kg sample from 1941 yielded recovered grades of 22.29 g/t Au, 913 g/t Ag, 4.6% Cu, 3.2% Pb and 5.5% Zn when analyzed at the Provincial Government plant in Prince Rupert. Various geochemical and geophysical surveys and limited d...