Business

Quetzal Copper Mobilizes for Maiden Drill Program at Princeton Copper Project, British Columbia

Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - Quetzal Copper Corp. (TSXV: Q) ("Quetzal" or the "Company") is pleased to announce that it ha

articleSilverco Mining Ltd.January 16, 20253/company/silverco-mining-ltd/news/quetzal-copper-mobilizes-for-maiden-drill-program-at-princeton-copper-project-british-columbia
Quetzal Copper Mobilizes for Maiden Drill Program at Princeton Copper Project, British Columbia

About this update from Silverco Mining Ltd.

[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - Quetzal Copper Corp. (TSXV: Q) (\"Quetzal\" or the \"Company\") is pleased to announce that it has mobilized its team to begin work at the Company's Princeton Copper Project in British Columbia, Canada. The Princeton Project is an 11,500 hectare property located between the Hudbay Minerals and Mitsubishi owned Copper Mountain Mine and the town of Princeton, British Columbia. Figure 1: Location of Princeton Project Claims and Targets CEO Matt Badiali said, \"We are thrilled to get started on this drill program. Princeton boasts several exciting copper targets from open intercepts at Bud South to new geophysical targets. It has excellent qualities that reduce our risk and increase our potential for success. It's next to an operating mine, has coincident soil and geophysical anomalies, and structures known for hosting large copper deposits in the region. The targets are shallow, and several have never been drilled before. This program is what drew many shareholders to us - the chance to make a major copper discovery in British Columbia.\" Princeton Copper Project The Princeton Copper project is a large land package consolidating several formerly disjointed claims. The technical team compiled historical surface geological and geochemical data and reprocessed geophysical data. The new perspective gleaned from this work generated four strong targets for the first drill program: Bud South - The only locality with a drill hole among the four targets. It contained 10.7 meters of rock with 0.18% copper and 0.30 grams per ton gold. But it only cut the edge of the target. Historic trenching at the target showed disseminated copper mineralization in intensely faulted and intruded Nicola Group volcanic rocks. Knob Hill - An overburden-covered chargeability anomaly adjacent to copper-gold in quartz veins exposed in nearby trenches Aura - A 1.5km wide horseshoe-shaped magnetic high surrounding a reverse-polarity magnetic feature. This may represent an intrusive body and its alteration halo. Contact - A chargeability high completely hidden under till cover along trend from and with the same signature as the Knob Hill target. Figure 2: Ground Magnetic Map Showing Priority Princeton Targets Bud South Bud South is a 300m by 400 m geophysical anomaly with significant copper in soils...

More updates from Silverco Mining Ltd.