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Golden Ridge Resources Discovers New Copper Zone Near Schaft Creek with Grab Samples up to 5.29% Copper
(via TheNewswire) Kelowna, British Columbia - TheNewswire - January 8, 2020 -...
About this update from Golden Ridge Resources Ltd.
[{"type":"text","content":"Golden Ridge Resources Discovers New Copper Zone Near Schaft Creek with Grab Samples up to 5.29% Copper(via TheNewswire)\n \n \nKelowna, British Columbia - TheNewswire - January 8, 2020 - Golden Ridge Resources Ltd. (\"Golden Ridge\" or the \"Company\") (TSXV:GLDN) is pleased to report a newly discovered 4.5 kilometre long copper-in-soil anomaly (the \"Hickman Zone\") on its Ball Creek Property (\"Ball Creek\" or the \"Property\"), under option from Evrim Resources Corp., which extends west onto claims 100% owned by Golden Ridge (the \"Hickman Claims\") (Figure 1). To date, only eleven reconnaissance soil lines (276 total soil samples, 14 rock samples) have been completed and the anomaly remains open to the northwest. No historic work is recorded on the anomalous zone which was targeted in 2019 to test a colour anomaly lying just 6 kilometres southwest of Teck Resources/Copper Fox Metals' 1.8 billion tonne Schaft Creek Cu-Mo-Au-Ag porphyry deposit and 30 kilometres northeast of Newmont Mining/Teck resources 800 million tonne Galore creek Cu-Au-Ag deposit.1 Outcropping copper mineralization was discovered within the roughly 4.5 kilometre by 1.5 kilometre northeast-southwest trending corridor, with select grab samples assaying up to 5.29% Cu. \n\n\n \nHighlights:\n\n\n \n\n\n- ~4.5km by 1.5km zone of strong copper-in-soil.\n\n\n\n- 6km from 1.8 billion tonne Schaft Creek Deposit1.\n\n\n\n- Rock samples up to 5.29% Cu (5 rock samples > 0.5% Cu) and soil sample results up to 7,170ppm Cu (11 soil samples >1000ppm Cu). \n\n\n\n\n \nTable 1 - Hickman Zone Highlight Grab Samples*\n\n \n\nSAMPLE ID\n\n\n\n\nSAMPLE TYPE\n\n\n\n\nCu (%)\n\n\n\n\nAu (g/t)\n\n\n\n\nAg (g/t)\n\n\n\n\nHICK-CP-02\n\n\n\n\nOutcrop Grab\n\n\n\n\n5.29\n\n\n\n\n0.28\n\n\n\n\n6.29\n\n\n\n\nS023217\n\n\n\n\nFloat Grab\n\n\n\n\n0.57\n\n\n\n\n0.03\n\n\n\n\n1.28\n\n\n\n\nS023230\n\n\n\n\nFloat Grab\n\n\n\n\n1.45\n\n\n\n\n0.12\n\n\n\n\n6.01\n\n\n\n\nS023231\n\n\n\n\nOutcrop Grab\n\n\n\n\n0.59\n\n\n\n\n0.24\n\n\n\n\n1.99\n\n\n\n\nG0750759\n\n\n\n\nFloat Grab\n\n\n\n\n2.48\n\n\n\n\n0.06\n\n\n\n\n4.04\n\n\n\n \n*Note: the reader is cautioned that rock grab samples and their respective photographs are selective by nature and may not represent the true grade or style of mineralization across the Property.\n\n \n \nPhotographs of the above highlight grab samples have bee...