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Altum Resource Corp. Reports Results of 16.55 g/t Au, 46.4% Cu and 144 g/t Ag from its 2020 Adam West Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2020) - Altum Resource Corp. (CSE: ALTM) ("Altum" or the "Company") is pleased to report the results fro
About this update from Goldhaven Resources Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - June 29, 2020) - Altum Resource Corp. (CSE: ALTM) (\"Altum\" or the \"Company\") is pleased to report the results from the first phase of its 2020 exploration program on its Adam West property (the \"Property\") on northern Vancouver Island. After the positive results from 2019 exploration (see news release of March 31, 2020), the Company acquired an additional 1,589 hectares of ground to expand the Property to its present 4,687 hectare (46.87 km2) size. Historical exploration and work completed in 2019 uncovered a gold-silver-base metal occurrence at Lucky Jim, and widespread anomalous (>0.25%) copper ± silver at the Boyes Creek, Adam West and Eloise areas (Figs. 1 and 2). The 2019 NI 43-101 compliant Technical Report on the Property can be accessed via SEDAR. One hundred and nine grab samples and two hundred soil samples were collected during this exploration program. Highlights from the 2020 program include: Delineation of a 5 km long by >500 m wide zone at Boyes Creek containing abundant anomalous copper. A total of 147 grab samples were taken in this zone during 2019/2020 and 102 returned values >0.25% Cu with 32 exceeding >2.5% Cu; Discovery of the Sisters Copper showing, with peak values of 46.4% Cu and 144 g/t Ag; Extension of Adam West copper zone; and, Mapping of the Lucky Jim gold showing identified a dilational zone within a north-trending fault system. Sampling in 2020 returned up to 16.55 g/t Au. James Walchuck, CEO of Altum commented, \"We are pleased with the results of this field program. The area of anomalous copper has been significantly expanded, and an important new copper occurrence has been discovered. The high-grade gold-copper-silver mineralization at the Lucky Jim occurrence is now better understood and better documented.\" The Company has identified the following specific areas of the claim that require further investigation: Boyes Creek The copper anomaly at Boyes Creek consists of bornite veins within an east-trending shear zone striking 600 m, which has been offset by later faulting. There are at least four discrete bornite-rich veins and numerous veinlets associated with this shear zone, which dips steeply to the south. Mineralization is up to 4 m wide and includes discrete veins up to 25 cm wide. The Sisters The 20 m wide Sisters Copper s...