Business
World Copper Confirms Two Porphyry Copper Targets at Escalones Project
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - World Copper Ltd. (TSXV: WCU...
About this update from World Copper Ltd
[{"type":"text","content":"World Copper Confirms Two Porphyry Copper Targets at Escalones ProjectVancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (\"World Copper\") announces exploration results from the northern targets at the Escalones Copper project (\"Escalones\" or the \"Escalones Project\"). Over a one-month period in the first half of 2021, World Copper collected 440 samples from three targets north of the main deposit at Escalones as part of a rock sampling and mapping program, and the results outline two significant porphyry copper targets.Key PointsSurface sampling programme confirms two copper-porphyry targets and one skarn target to the northeast of the main Escalones deposit.The Rio Negro target produced five samples grading over 1% Cu and multiple samples returning over 0.5% Cu. It is considered a priority porphyry copper target for future drill programmes.CEO Nolan Peterson commented, \"The results from our surface sampling program, carried out earlier this year at Escalones, confirm that Escalones has the potential for multiple significant copper porphyry deposits in addition to the main resource. Data from the sampling program will be used in the near future to plan out the next phases of our exploration at Escalones on the Mancha Amarilla and Northern Targets.\"The Northern Escalones TargetsGeochemical sampling and mapping has now been completed by World Copper on a cluster of three distal copper targets (the \"Northern Targets\"), located eight to ten kilometres north of the main Escalones deposit and within the 162 km2 Escalones land package. Field work at the Northern Targets confirmed the large anomalies are intense quartz-sericite, argillic and gossanous alteration of porphyritic and granitic intrusions, as well as skarn in volcanic and sedimentary units (Figure 1). The Northern Targets have significant potential, with surface alteration zones on the same scale as that of the main Escalones deposit. Ridge and spur character rock sampling at an average spacing of 200m has defined two porphyry centres that are now considered drill targets. Rio Negro is the primary target, with excellent copper mineralization at surface and will be the priority for further exploration. The eastern target, Argüelles Este, is larger and more deeply weathered, and more sampling will be car...