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Los Andes Announces Results of Drill Hole V2015-05 and Upper Portion of V2015-08 at the Vizcachitas Deposit
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 7, 2016) - Los Andes Copper Ltd. ("Los Andes", or the "Company") (TSX VENTURE:LA)(OTC PINK:LSANF) is very plea
About this update from Los Andes Copper Ltd.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 7, 2016) - Los Andes Copper Ltd. (\"Los Andes\", or the \"Company\") (TSX VENTURE:LA)(OTC PINK:LSANF) is very pleased to announce the results of V2015-05 and the upper portion of V2015-08 of the first stage of the 2015-2016 diamond drill program. The lower portion of V2015-08 will be reported as it becomes available, as it was drilled approximately 2 weeks after the upper portion. For further information on drilling results please refer to the Company's news release dated February 26, 2016. Cautionary Statement: All thicknesses from intersections from drill holes are down-hole drilled thicknesses. True widths cannot be determined from the information available. Highlights from these two drill holes are: All of V2015-08 deserves to be highlighted. From 130.0 metres to a depth of 379.0 metres (the end of the sequence that has been assayed), a total length of 249.0 metres, the average grade was 0.736 % Cu, 178 ppm Mo and 1.4 g/t Ag. V2015-08 had a 54.0 metre intersection, from a depth of 130.0 metres to 184.0, metres, with an average grade of 1.023 % Cu, 128 ppm Mo and 1.4 g/t Ag. V2015-05 had a 52.1 metre intersection, from a depth of 492.2 metres to 544.3 metres, with an average grade of 0.812 % Cu, 190 ppm Mo and 2.0 g/t Ag. The results support the new geological model showing how the central higher grade core extends over an area of at least 700 metres north-south and 700 metres east-west. Location of Drill Holes: Hole Easting Northing Elevation (metres) Azimut (degrees) Inclination (degrees) Final depth (metres) V2015-05 366,182 6,413,275 2,050 290 -60 638.00 V2015-08 366,159 6,413,538 2,150 290 -75 725.50 All coordinates are in UTM WGS84 A drill hole location plan is available on our website: www.losandescopper.com Summary of Drill Holes Drill Hole V2015-05 This hole was drilled in the eastern part of the central core, 280 metres to the south-east of V2015-03. The purpose of this hole was to support the northern extension of the hydrothermal breccias identified in the re-logging of the historical drill holes to the south. The top of bedrock was located at 36 metres with the drill hole intersecting a sequence of andesitic host rock, cut by dioritic porphyry and hydrothermal breccias. The leached zone extended to a depth of 72 metres before entering the supergene mineralisation....