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Canyon Copper: Grab Samples Assay Up To 183 g/t Gold At Bootleg Lake Project
Vancouver, British Columbia (FSCwire) - Canyon Copper Corp. ("Canyon") (TSX-V: CNC) is pleased to announce the results of grab samples collected during a recent
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[{"type":"text","content":"Vancouver, British Columbia (FSCwire) - Canyon Copper Corp. (\"Canyon\") (TSX-V: CNC) is pleased to announce the results of grab samples collected during a recent site visit to the Bootleg Lake gold and VMS base metals project (“Bootleg Lake”) located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba. In July 2017, a site visit to Bootleg Lake was conducted by the management of Canyon and New Moon Minerals Corp. (“New Moon”) to assess mineralization potential and to determine access and infrastructure. Canyon optioned the Bootleg Lake from New Moon in May 2017 (see Canyon news release dated May 31, 2017). During the site visit a total of 10 samples were collected from the former Newcor and Rio Mine areas and from historic tailings from the Rio Mine. The results of the samples are shown in the table below. “Mineralized float at Bootleg Lake is widespread in the areas of the former mines, which closed due to low gold prices and have been dormant for over 25 years,” said Stephen Wallace, President and CEO of Canyon. “From an exploration perspective, access to the property is simply a short drive from Creighton, which makes the project a low-cost, year-round exploration target.” SampleNumber SampleDescription Aug/t Cuppm Znppm Agppm 029109 Rio Mine Area Mineralized Grab Sample 183.0* 11.4 71.4 26.20 029110 Rio Mine Area Mineralized Grab Sample 18.6* 15.7 33.2 2.46 029111 Rio Mine Area Mineralized Grab Sample 38.9* 533 38.4 7.22 029112 Rio Mine Area Waste Grab Sample 0.61 9.87 36.8 0.15 029113 Rio Mine Area Mineralized Grab Sample 22.1* 13 23.5 3.32 029114 Rio Mine Area Mixed Waste Grab Sample 3.44 13.7 40.5 0.70 029115 Newcor Mine Area Pit Sample 0.78 1600 > 5000 8.45 029116 Newcor Mine Area Mineralized Grab Sample 10.1* 640 1940 7.60 029117 Tailings West Sample 0.64 44.2 51.4 0.24 029118 Tailings East Sample 2.48 69.9 41.1 1.37 * = samples that returned greater than 5,000 ppm gold when analyzed using Actlabs package 1A2 (Au Fire assay -AA) and were subsequently analyzed using Actlabs package 1A3 (Au Fire assay – Gravimetric). Sampling and Analysis All samples were collected and transported to Activation Laboratories Ltd. (“Actlabs”) in Ancaster Ontario by Stephen Wallace, PGeo. At Actlabs, all samples were analysed using packages 1A2 (Au Fire assay -AA) and UT-1-0.5g (U...