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NovaCopper Confirms and Extends Previously Known Mineralization at Bornite Through Re-sampling and Re-assaying Program

Re-sampling and re-assaying of historical drill holes confirms previously known high-grade ...

articleTrilogy Metals Inc.December 18, 20133/company/trilogy-metals/news/novacopper-confirms-and-extends-previously-known-mineralization-at-bornite-through-re-sampling-and-re-assaying-program
NovaCopper Confirms and Extends Previously Known Mineralization at Bornite Through Re-sampling and Re-assaying Program

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[{"type":"text","content":"\n\n\nRe-sampling and re-assaying of historical drill holes confirms\n previously known high-grade mineralzation and extends previously\n unsampled lower-grade mineralization at the Ruby Creek zone of the\n Bornite Deposit\n\n\n\n\n\nTSX, NYSE-MKT \nSymbol: NCQ\n\n\nVANCOUVER, Dec. 18, 2013 /CNW/ - NovaCopper Inc. (TSX: NCQ) (NYSE-MKT: NCQ) (\"NovaCopper\" or \"the Company\") is pleased to\n announce results from its re-sampling and re-assaying program at the\n Bornite Project, which is part of the Upper Kobuk Mineral Projects\n (\"UKMP\") located in the Ambler mining district of Northwest Alaska. The\n latest analytical results come from the re-sampling and re-assaying of\n historical drill holes which were previously drilled and only\n selectively sampled by Kennecott within the Ruby Creek zone of the\n Bornite deposit. During the 2013 field season Company geologists\n re-logged the geology and re-sampled 33 historical drill holes and\n submitted the samples for a complete 42 element Induced Coupled Plasma\n analysis. Of the 33 historic drill holes sampled, 26 holes had\n intervals of copper greater than 0.5% copper, and 29 holes contained\n mineralization greater than 0.2% copper. The objectives of the\n re-assay/re-logging program were twofold: 1) to confirm and conduct a\n Quality Assurance/Quality Control (QA/QC) program on the historical\n sample results; and 2) to identify additional lower-grade (0.2-0.5%\n copper) shallow material, which was not previously sampled. The\n re-sampling and re-assaying program has confirmed previously known\n high-grade mineralization. It is also expected to add additional\n lower-grade mineralization to the Company's mineral inventory. The\n results from these 33 historical drill holes combined with the 15 holes\n drilled during the 2013 program at the Ruby Creek and South Reef zones\n will be incorporated into an updated NI 43-101-compliant resource\n estimate which is expected to be completed in 2014. Two additional\n metallurgical holes have also been completed and will eventually be\n incorporated into the resource model once metallurgical testing has\n been completed.  This press release reports on the 33 historical partially sampled drill\n holes that were re-sampled and re-assayed by the Company. \n\n\nHighlights\n\n\n26 out of the 33 historical holes were confirmed to contain ...

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