Aguila Copper Corp. to announced the start of an induced polarization survey at the Lida copper-silver project in south-central Esmeralda County, Nevada. The survey is being undertaken by Abitibi Geophysics using their OreVision IP survey system. The OreVision system is a high resolution and deep penetrating proprietary geophysical method that can penetrate to a depth of 400 meters. The survey is planned for a 200-meter line spacing, covering a total of approximately 30 line-kilometers across the Company's BLM lode mining claims. Subject to survey results, the Company proposes drilling at Lida during the second half of 2022, targeting geophysical and recent high-grade rock chip sampling results. A recent mapping and sampling program reported widespread copper carbonate and oxide mineralization within hydrothermal alteration zones in workings and outcrops in the northern and eastern parts of the claim block. Additional field mapping completed by company geologists in preparation
for geophysics discovered that previously reported extensive copper carbonate and copper oxide mineralization and hydrothermal alteration zones extends into the western parts of the claim block significantly increasing the target footprint. Propylitic and argillitic alteration within quartzite and shale of the Campito Formation were observed in workings and outcrops throughout the area, suggesting potential zonation of a larger buried porphyry system. A total of 57 samples were taken by Aguila from dump and pit material across a 2km x 2km area. Copper ranged from 26.20% Cu to 12 ppm Cu averaging 1.80% Cu. Twenty samples exceeded 1% Cu including 14 that exceeded 2% Cu. Silver ranged from 436 g/t Ag to 0.03 g/t Ag, averaging 11.8 g/t Ag. Twelve samples exceeded 5 g/t Ag including 4 that exceeded 20 g/t.