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Regulus Resources Intercepts 98.15m of 0.63% CuEq and 287.80 of 0.46% CuEq at the AntaKori Copper-Gold Project
VANCOUVER, British Columbia, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Regulus Resources Inc. ("Regulus" or the "Company", TSX-V: REG, OTCQX: RGLSF) is pleased to repo
About this update from Regulus Resources Inc
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Regulus Resources Inc. (\"Regulus\" or the \"Company\", TSX-V: REG, OTCQX: RGLSF) is pleased to report results from drill hole AK-22-052 from the AntaKori copper-gold project in Peru. The goal of this drill hole was to test the continuity of skarn mineralization to the north and search for additional information on breccia and porphyry intercepts at depth in nearby holes. Hole AK-22-052 was drilled to 1,385.80 m before crossing the property boundary and the hole was stopped shortly thereafter. Hole AK-22-052 intersected several intervals of skarn mineralization that expand the mineralized footprint and intersected attractive mineralization in crackle-brecciated quartzites and porphyry dykes at depth. Highlights 98.15 m of 0.63% CuEq in skarn/base-metal carbonate mineralization from 212.55 m depth Including 11.60 m of 1.86% CuEq from 291.80 m depth 131.75 m of 0.36% CuEq hosted in a rhyolite intrusion overprinted by base-metal carbonate mineralization from 650.75 m depth 178.85 of 0.38% CuEq from 815.85 m depth 287.80 m of 0.46% CuEq in porphyry dykes/crackle-brecciated quartzites/quartzites from 1,098 m depth The porphyry dykes appear to be passive host rocks and are not the source of mineralization, but rather are overprinted by mineralization from a different source Including 32.15 m of 0.77% CuEq hosted in porphyry intrusive rocks from 1,102.5 m depth And 16.70 m of 0.70% CuEq in quartz-healed breccias from 1,229.4 m depth And 41.80 m of 0.56% CuEq in quartz-healed breccias and porphyry dykes from 1,297 m depth The last 156.40 m of the hole runs 105 ppm Mo, suggesting we have may have entered the outer molybdenite (“moly”) shell of a porphyry center John Black, Chief Executive Officer of Regulus, commented as follows: “When we completed our resource update in 2019, the strip ratio was already attractively low at 0.85/1. The drilling completed recently to the north of the main resource to date, including Hole 52, is providing us valuable data that should allow us to grow the in-pit resource and convert areas treated as waste in 2019 to resources upon a new resource update. This should reduce the strip ratio even further. Hole 52 intersected several intervals of skarn mineralization that continue to demonstrate the skarn system is open to the north. Like near...