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Kutcho Copper Drills 28m of 5.7% CuEq* (including 10.4m of 12% CuEq*); Provides Project Update
VANCOUVER, British Columbia, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho Copper” or the “Company”) is pleased to ann
About this update from Kutcho Copper Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho Copper” or the “Company”) is pleased to announce initial drill results from the Esso deposit at its 100% owned Kutcho high grade copper-zinc project located in British Columbia and enters into the mineral resource expansion drilling phase of the 2018 field program. Drill hole KC18-038-W1 returned 28m of 2.09% Cu, 6.1% Zn, 65.8 g/t Ag and 0.82 g/t Au or a CuEq of 5.7% including a 10.4m massive sulphide intersection of 3.80% Cu, 14.4% Zn, 134.6g/t Ag and 1.84g/t Au or a CuEq of 12%*. In addition, drill hole KC18-227-W1 intersected massive to semi-massive sulphide mineralization that returned 1.17% Cu, 2.5% Zn, 45.7g/t Ag and 0.57g/t Au, or 3% CuEq* over 3.2m. Cross sections of drill hole locations and mineralization are provided in Figures 1 and 2 below. Hole ID From(m) To (m) Interval(m) Cu % Zn % Ag g/t Au g/t CuEq %* KC18-038-W1 495.0 523.0 28.0 2.09 6.1 65.8 0.82 5.7 including 508.3 518.7 10.4 3.80 14.4 134.6 1.84 12.0 including 512.8 515.5 2.6 3.75 45.7 109.9 1.00 23.7 KC18-227-W1 401.5 404.7 3.2 1.17 2.5 45.7 0.57 3.0 including 404.0 404.7 0.7 1.69 2.0 105.0 1.00 4.7 True width estimated to be 85% length of intercepts.*CuEq = Copper Equivalent calculated using $2.75/t Cu, $1.10/t Zn, $17.00/Oz Ag, $1250/Oz Au. Vince Sorace, President & CEO stated, “We have now moved into an exciting phase of the field program as the mineral resource expansion drilling at Kutcho is now in full swing and we anticipate releasing drill results frequently over the course of the next few months. The initial drill holes from Esso represent the unique high-grade opportunity achievable at the Kutcho project.” Kutcho Project Update The comprehensive field program underway at Kutcho is designed to capture all necessary components to complete the Feasibility Study (FS) that is being led by Ausenco Engineering. Field work completed and ongoing to date consists of: Hydrogeological drilling and well installation has been completed at both Main and Esso. All geotechnical drill holes at the Esso deposit have been completed. Geotechnical drilling at the Main deposit is currently underway and is anticipated to be completed by the end of September. Completion of th...