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Turmalina Metals: Initial Drilling at Chanape Intersects Shallow Au-Ag Mineralisation in Multiple Breccias
VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX) is pleased to annou
About this update from King Copper Discovery Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX) is pleased to announce that initial drilling at the Chanape project (“Chanape” or the “Project”), located 87 km east of Lima, Peru, has intersected extensive gold-silver mineralisation in the first breccias to be drill tested by the Company. This release summarizes the first results of the program representing 1003.7 m from four holes of a planned 2,300 m drill program. Selected intercepts from this first batch of results include: Breccia 8: 39.6m @ 3.79 g/t Au, 18 g/t Ag & 0.45% Cu (4.7 g/t EqAu); CHT-DDH-034 from 60m. Including 8.5m @ 9.2 g/t Au, 27 g/t Ag and 0.48% Cu (10 g/t EqAu) from 65.5m. Breccia San Antonio: 33m @ 1.55 g/t Au, 66 g/t Ag, 0.18% Cu & 1.7% Zn (2.6 g/t EqAu); CHT-DDH-037 from 31.4m. Including 10.3m @ 4.2 g/t Au, 75 g/t Ag, 0.28 % Cu & 4.5% Zn (5.6 g/t EqAu) from 47.9m. The Chanape project is characterised by multiple tourmaline gold-silver-copper (Au-Ag-Cu) breccia pipes, with over fifty identified to date. Detailed sampling along with favourable rock chip and channel assays led to the prioritisation of Breccia 8, Breccias 10 & 11 and the San Antonio Breccia to be tested by the first holes of this drill program. The Clint Breccia, which does not outcrop but has been intercepted by previous drill campaigns, will also be drill tested during this program. Drill hole CHT-DDH-034 tested the extent of shallow Au-Ag mineralisation at the approximately 80 m wide Breccia 8. Drill holes CHT-DDH-035 and CHT-DDH-036 tested the shallow long-section and cross-section respectively of the approximately 110 m by 50 m Breccias 10 & 11, while CHT-DDH-037 tested the shallow levels of the approximately 40 m wide San Antonio Breccia (Figures 1 to 5). The Au-Ag grades indicate strong potential for high-grade copper-gold-silver grade mineralisation at depth. The Company currently has one drill conducting deeper drilling under the best intersections and testing of additional priority targets. Mr James Rogers, Chief Executive Officer, states: “The initial drill results from our Chanape drill program are highly encouraging, and we look forward to testing the deeper zones of these breccias which are typically larger, higher-grade and copper-rich. This first-pass of drilling i...