Copper Road Resources Inc. Announces the Validation and Expansion of the Jogran Porphyry and Copper-Gold Breccia Pipe Targets at its 21,000-Hectare Project, Batchewana Bay Ontario
April 17, 2023 at 07:35 am EDT
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Copper Road Resources Inc. announced the validation and expansion of the JR Zone copper-molybdenum porphyry and copper-gold breccia pipe targets at its 21,000-hectare project, Batchewana Bay Ontario. The JR Zone, comprising the Jogran Porphyry and nearby Richards Breccia, is located approximately 12 km from the former Tribag Mine Zone which the Company drilled in 2022. The Company plans to expand surface exploration and drill test the JR Zone in 2023 to establish a second large scale near-surface mineralized zone at the Copper Road Project. The Company is excited to be in a unique position to unlock value for shareholders by continuing to advance both the Tribag and JR Zones at its potentially district-scale copper project. Due to fragmented claim ownership and regional staking closures, the JR Zone has seen limited diamond drilling into these near-surface porphyry and breccia-hosted Cu-Mo-Au-Ag targets. Historical exploration at the Richards Breccia and Jogran Porphyry by Jogran Mines (1964), Phelps Dodge (1966), Duration Mines (1988), and Aurogin Resources (1997) encountered relatively broad near-surface intersections of copper mineralization that is untested below 150 m in the porphyry, and untested below 75 m in the breccia. The Company completed three reconnaissance Mobile Metal Ion ("MMI") soil sample lines over the JR Zone to evaluate the potential for an expanded footprint of the mineralized system(s) in areas outside of known mineralization. Significant Cu and Mo values in the soil samples demonstrate possible porphyry and/or breccia-style mineralization along strike between the Richards and Jogran targets (located 900 m apart on a NE-SW trend), and to the southeast of Richards, expanding the JR target zone to 1.5 km by 550 m. MMI Soil Survey Results. The Company recently received results from its fall 2022 exploration program which collected 11 reconnaissance MMI soil sample lines over eight historical and newly defined exploration targets within its' 21,000-hectare project. The JR Zone contained strongly anomalous sample results in an area which hosts drill-indicated porphyry-style Cu-Mo(±W-Ag-Au) mineralization in the Jogran intrusive and host
basalts, and drill-indicated higher-grade Cu-Au-Ag breccia-style mineralization (similar to the Tribag Mine) at the Richards occurrence. hosts drill-indicated porphyry-style Cu-Mo(±W-Ag-Au) mineralization in the Jogran intrusive and host basalts, and drill-indicated higher-grade Cu-Au-Ag breccia-style mineralization (similar to the Tribag Mine) at the Richards occurrence.
Copper Road Resources Inc. is a Canada-based explorer engaged in the acquisition, exploration and evaluation of properties for the mining of precious and base metals. The Company is focused on exploring for copper dominant polymetallic deposits at its approximately 21,000-hectare project near Batchewana Bay, Ontario, 80 kilometers (km) north of Sault St. Marie, Ontario, Canada. The Copper Road project is located within the eastern extension of the Mid-Continent Rift within the Proterozoic Keweenawan Group, approximately 85 km north of Sault St. Marie, Ontario. The property package hosted two copper mines: the Tribag Mine and the Coppercorp Mine. The JR Zone comprises the Jogran Porphyry and nearby Richards Breccia, which is located approximately 12 km from the former Tribag Mine Zone. The Project has several confirmed zones of mineralization, with each zone containing multiple under-explored mineralized breccia pipes.
Copper Road Resources Inc. Announces the Validation and Expansion of the Jogran Porphyry and Copper-Gold Breccia Pipe Targets at its 21,000-Hectare Project, Batchewana Bay Ontario