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Dunnedin Drills New Copper-Gold Porphyry Discovery in "Gate Zone": Results Include 102 m of 0.68% CuEq (0.53% Copper & 0.16 g/t Gold) at MPD Project, Southern British Columbia
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Dunnedin Ventures Inc. (TS...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Dunnedin Drills New Copper-Gold Porphyry Discovery in \"Gate Zone\": Results Include 102 m of 0.68% CuEq (0.53% Copper & 0.16 g/t Gold) at MPD Project, Southern British ColumbiaDunnedin to Host a Webinar on Friday, January 17th @ 8:00am PST/11:00am ESTVancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Dunnedin Ventures Inc. (TSXV: DVI) (the \"Company\" or \"Dunnedin\") today reports results from the Company's first drill program at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The MPD project is accessible year-round from paved highways 5A and 97C. Highlights Include: Discovery drill hole MPD-19-003 has intersected the new \"Gate Zone\" containing the highest grade porphyry copper-gold mineralization reported in drill core at the MPD property to-date (figure 1)The new discovery underlies a large copper-in-soil anomaly with over one kilometre of strike at the \"Prime\" area of the project. Over 100 historical drill holes containing copper and gold mineralization define a large, likely multi-centre porphyry system across 10 square kilometres of the MPD projectThe Gate Zone includes intervals of higher grade copper-gold within a broad lower grade interval, with mineralization present from near surface to a vertical depth of 800 metres, and remains open at depthHigher grade intervals include:74.9 metres of 0.54% CuEq (0.43% copper and 0.11 g/t gold) from 297.0 metres to 371.9 metres102.0 metres of 0.68% CuEq (0.53% copper and 0.16 g/t gold) from 404.9 metres to 507.0 metresBroad moderate grade intervals include:763.6 metres of 0.28% CuEq (0.21% copper and 0.07 g/t gold) from 52.3 metres to 816.0 metres (entire bedrock drill hole length)340.7 metres of 0.42% CuEq (0.33% copper and 0.09 g/t gold) from 219.0 metres to 559.7 metresHigher temperature porphyry signatures including bornite and potassic felspar alteration are generally stronger at depth, suggesting an upright and intact porphyry system with copper-gold mineralization potential increasing at depth (figure 2)Figure 1: Cross-section of drill holes MPD 19-003 (Gate Zone) and MPD-19-002. The upper panel is a map view representation of drill hole collars and drill traces showing background soil-in-copper geochemistryTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3803/51559_f1b645ff74cf491...