Business
Regulus Resources Reports Additional Drill Results at the AntaKori Copper-Gold Project Including:
341.00 m of 0.57% Cu, 0.28 g/t Au and 9.29 g/t Ag (0.85% CuEq) 168.15 m of 0.38% Cu, 0.65 g/t Au and 32.69 g/t Ag (1.15% CuEq) VANCOUVER, British Columbia, Jan.
About this update from Regulus Resources Inc
[{"type":"text","content":" 341.00 m of 0.57% Cu, 0.28 g/t Au and 9.29 g/t Ag (0.85% CuEq) 168.15 m of 0.38% Cu, 0.65 g/t Au and 32.69 g/t Ag (1.15% CuEq) VANCOUVER, British Columbia, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Regulus Resources Inc. (\"Regulus\" or the \"Company\", REG TSX.V) is pleased to announce the results from six additional drill holes from the Phase II drill program, the aim of which is to expand and infill resources at the Company’s AntaKori copper-gold project in northern Peru. The drilling campaign is underway in collaboration with Compañía Minera Coimolache S.A. (“Coimolache”), the operator of the Tantahuatay gold mine immediately to the south of the AntaKori project. Hole AK-19-039 successfully extended and expanded the zone of base metal carbonate mineralization (contains higher grade gold and silver than the rest of the known deposit), which was previously encountered in holes AK-19-026, AK-18-025 and AK-18-023 (see Regulus press release dated January 30, 2019). Hole AK-19-041 demonstrates the downward continuity of previously released holes AK-19-034 and AK-19-037, while hole AK-19-042 demonstrates the upward continuity of previously released hole AK-19-035. Holes AK-19-038, AK-19-040 and AK-19-043 infilled a gap in the resource model on the eastern edge of the property and ultimately defined the eastern limits of the skarn style mineralization, all of which will help with our goal of defining the overall footprint of the orebody. Results from holes AK-19-038, AK-19-039, AK-19-040, AK-19-041, AK-19-042 and AK-19-043 are reported in Table 1. Highlights from drill holes AK-19-038 through AK-19-043 - AntaKori Project: AK-19-039: 168.75 m of 0.38% Cu, 0.65 g/t Au and 32.69 g/t Ag (1.15% CuEq) from 111.45 m Including 14.10 m of 0.95% Cu, 0.8 g/t Au and 24.92 g/t Ag (1.75% CuEq) from 246.60 m 51.50 m of 0.21% Cu, 0.55 g/t Au and 5.38 g/t Ag (0.65% CuEq) from 383.60 Including 12.15 m of 0.38% Cu, 1.02 g/t Au and 10.37 g/t Ag (1.20% CuEq) Represents discovery of multiple wide zones of base metal carbonate style epithermal mineralization with significant precious metal content Provides new targets to follow up with future drilling AK-19-041: 341.00 m of 0.57% Cu, 0.28 g/t Au and 9.29 g/t Ag (0.85% CuEq) from 202.00 m Including 64.15 m of 1.71% Cu, 0.79 g/t Au and 13.89 g/t Ag (2.40% CuEq) hosted within a high-sulphidation...