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A team, inclusive of independentQualified Person, has arrived on-site at the
Multiple historic rock samples assayed copper values in excess of 2.0% copper per tonne (seeFig. 1). The main area of focus surrounds the north central area of samples 5 and 6 which is correlated to the edge of a magnetometer low (see press release dated
1.drone based mapping;
2.geotechnical sampling of approximately 300 samples;
3.detailed geological mapping of primary zones of interest;
4.to be determined, satellite remote sensing study inclusive of:
a.orthographical photo
b.detailed topography
c.infrared reflectivity image detailing soil, clay, and rock zones;
5.identification of 8-10 drill sites for follow-up drilling (no permit require under 20 drill pads and 20,000 meters).
Fig. 1 – Property Map
Project Highlights
Property size of 4,000 Hectares
Targets 1 2 host copper in proximity to historic workings and mine developments.
Target 1 has evidence of copper mineralization in a corridor of 3 x 2 kms.
Airborne MAG shows that mineralization is consistent with low mag, indicating several untested areas.
The abundant microdioritic dykes are interpreted to be feeders of high-grade copper mineralization in both gabbro and andesites.
Numerous targets are interpreted to be present in proximity to contact zones of mafic intrusives and La Negra Fm volcanics – favourable for hosting hydrothermal solutions rich in copper.
The main alteration associated with Cu mineralization is albite – epidote – magnetite.
Mineralization is observed as disseminations and in quartz-albite-epidote veins in fractures as oxide Cu (atacamite – chrysocolla – malachite black oxides).
Project Description
The Jupiter project is accessible by paved road 90kms south of
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Fig. 2 - Chile Coastal Belt
Qualified Person
On behalf of the Board of Directors,
President/CEO
877 704 1119
info@copper-x.com
copper-x.com
The
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the intended development of the Project, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statementsand information other than as required by applicable laws, rules and regulations.
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