August 24, 2024 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a go-to platform for giant investing concepts, together with mining shares studies on buying and selling for junior miner, CopperCorp Sources Inc. (TSXV: CPER) (OTCQB: CPCPF), centered on the exploration and growth of its Skyline and AMC copper-gold-REE Tasks in western Tasmania.
The inventory made the TSXV high share gainer listing on information, presently buying and selling at 0.0800, up 0.0350, gaining 77.7778% for buyers. The inventory has traded over 1/7 Million shares as of this report.
In the present day the corporate offered an replace on its 100% owned Razorback Copper-Gold-REE property in western Tasmania, Australia.
Highlights
New 3D inversion modelling of magnetic and gravity knowledge signifies extremely potential coincident magnetic pipe and gravity options on the Jukes and Hydes goal zones attribute of IOCG deposits and with similarities to the Mt Lyell Cu-Au system (3Mt contained copper at 1% Cu, and 3Moz contained gold at 0.3g/t Au) situated alongside pattern instantly to the north.
The place of those magnetic and gravity options straight adjoining to massive fertile fault constructions, and outcropping magnetite and copper-gold mineralization in each areas is taken into account extremely potential.
Drilling entry monitor development scheduled to start at Jukes throughout late August.
Stephen Swatton, President and CEO of CopperCorp commented:
“That is ‘recreation altering’ information by way of our understanding of the potential of all the Razorback property. The regional geophysical interpretation that the staff have been engaged on with consultants clearly exhibits robust analogies between our Razorback license with the world class Mt Lyell copper district 20km alongside strike to the north.
The spring / summer season fieldwork season has simply commenced in Tasmania and the Firm plans to launch common updates of the progress. We may even be releasing particulars of our anticipated copper-gold drill program at Jukes quickly with the expectation that with additional refining of the geophysics and integration of Jukes knowledge, drill targets at Hydes will probably be introduced earlier than 12 months finish. The permission for drilling at Jukes is already confirmed and we anticipate future drill permits will once more be issued in a matter of weeks moderately than months upon software because of the present pro-resource sentiment on the Tasmanian State stage.”
Jukes and Hydes Zones – Giant Scale Magnetitic-Gravity Targets
New knowledge processing and 3D inversion modelling of magnetic and gravity knowledge exhibits vertically intensive pipe-like magnetic options with coincident to off-set residual gravity anomalies at each the Jukes and Hydes goal zone areas. The place of those magnetic and gravity options straight adjoining to massive NW-trending faults in each areas is taken into account extremely potential for structurally managed mineralized pipes typical of the Mt Lyell system the place anomalous gravity options happen related to the bigger mineralized pipe our bodies which have depth intensive chlorite-magnetite-apatite-biotite alteration zones (e.g. Prince Lyell and Western Tharsis orebodies – Determine 3).
As beforehand reported for the Jukes Zone1, outcomes of 3D inversion modelling present an elongate pipe-like magnetic excessive characteristic with the core of the pipe extending as much as 700m in a N-S path, and as much as 1.4km vertically under outcropping mineralization at floor (Figures 4 and 6). The magnetic excessive is coincident with magnetite bearing Cu-Au mineralization and an enveloping zone of k-feldspar-magnetite-pyrite alteration sampled at surface1. Outcomes from current channel sampling of underground historic workings at Jukes, together with 31.0m @ 1.48% Cu and 0.83g/t Au1, confirmed high-grade copper-gold potential on the prospect. Outcomes of 3D gravity inversion modelling has outlined a big gravity excessive anomaly situated adjoining and partially overlapping the modelled magnetic pipe at Jukes. The gravity anomaly is barely NW-SE elongated over a distance of 1km with common amplitudes between 2.5 to three.5mGal with a peak of three.9mGal. The world of the modelled gravity excessive characteristic is overlain by cowl sequence rocks and has not been examined by earlier exploration.
On the Hydes goal zone, a modelled elongated magnetic pipe characteristic extends as much as 1km vertically and happens straight adjoining to and overlapping a round residual gravity excessive anomaly round 1km in diameter with a peak amplitude of 4.6mGal, positioned on a big NW-trending fault construction (Figures 5 and 6). Historic sampling (BHP – 1960’s) of outcropping chalcopyrite mineralized chloritic schists flanking the modelled magnetitic characteristic at Hydes returned 23.0m @ 0.8% Cu (gold not assayed, see determine 4.). A second and bigger gravity anomaly happens alongside the identical structural pattern roughly 2km to the NW of the magnetic-gravity pair anomaly at Hydes. This second anomaly is elongated E-W over a distance of two.4km and has a peak magnitude of seven.1mGal. The Hydes goal zone space stays untested by drilling.
Latest information:
https://ca.finance.yahoo.com/information/coppercorp-confirms-further-large-scale-110000608.html
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