"This drill program postdates the Mineral Resource Estimate (2021 MRE) and is meant to improve the mineral resources by reducing the strip ratio by upgrading inferred resources into indicated resources category and identifying additional mineralized structures. This drill program has confirmed the existence of at least two additional mineralized east-west structures in the Gap area between the
Highlights Include:
Mill Zone
OPM-22-177 | 0.44% Cu-eq over 61.5m (from 151.5m to 213m) |
OPM-22-179 | 0.60% Cu-eq over 85.5m (from 135m to 220.5m) |
- Gap area between Springer Vein #2 and Vein #3 has outlined continuous mineralization over a strike length of nearly 350 metres and it remains open at depth and along strike:
OPM-22-178 | 0.31% Cu-eq over 81.0m (from 15.0 to 96.0m) |
OPM-22-181 | 0.37% Cu-eq over 43.5m (from 165.0 to 208.5m) 0.37% Cu-eq over 9.0m (from 330.0 to 339m) 0.55% Cu-eq over 30.0m (from 382.5.0 to 412.5m) |
OPM-22-182 | 0.39% Cu-eq over 15.0m (from 181.5.0 to 196.5m) 0.76% Cu-eq over 12.0m (from 261.0 to 273m) 0.86% Cu-eq over 6.0m (from 354.0 to 360m) |
Springer Zone
OPM-22-176 | 0.32% Cu-eq over 122.1m (from 122.4 to 244.5m), including 0.61% Cu-eq over 34.5m |
OPM-22-175 | 0.43% Cu-eq over 66.0m (from 36.0m to 102.0m), including 0.76% Cu-eq over 27.0m, and 0.53% Cu-eq over 15.0m (from 186.0 to 201.0m) |
OPM-22-180 | 2.11% Cu-eq over 5.1m (from 50.6m to 56m), including 0.95% Cu-eq over 22.1m (from 100.5m to 122.6m),
|
Saddle Zone
OPM-22-173 | 0.80% Cu-eq over 12.0m (from 97.5 to 109.5m) |
OPM-22-174 | 2.62% Cu-eq over 6.0m (from 88.5 to 94.5m) |
Click here for Sections and Plan View of Current Drill Results
Summary of significant reported composite intersections on Opemiska Project: Table 1
Hole ID | Zone | From | To | Interval | Grade | |||||
Copper Eq | Copper | Gold | Silver | Zinc | Cobalt | |||||
OPM-22-173 | Saddle | 97.5 | 109.5 | 12.0 | 0.80 | 0.636 | 0.151 | 2.98 | 118 | 59 |
OPM-22-174 | Saddle | 88.5 | 94.5 | 6.0 | 2.62 | 2.347 | 0.135 | 13.35 | 249 | 84 |
OPM-22-175 | 36 | 102 | 66.0 | 0.43 | 0.308 | 0.113 | 1.78 | 89 | 45 | |
Incl. | 36 | 63 | 27.0 | 0.76 | 0.564 | 0.192 | 3.52 | 134 | 55 | |
And | 186 | 201 | 15.0 | 0.53 | 0.19 | 0.313 | 4.85 | 2401 | 33 | |
OPM-22-176 | Mill | 122.4 | 244.5 | 122.1 | 0.32 | 0.218 | 0.111 | 1.07 | 51 | 28 |
And | Mill | 198 | 232.5 | 34.5 | 0.61 | 0.423 | 0.237 | 1.92 | 66 | 32 |
OPM-22-177 | Mill | 151.5 | 213 | 61.5 | 0.44 | 0.272 | 0.191 | 2.09 | 207 | 37 |
Incl. | Mill | 193.5 | 213 | 19.5 | 0.99 | 0.652 | 0.448 | 3.36 | 103 | 39 |
OPM-22-178 | Springer | 15 | 96 | 81.0 | 0.31 | 0.21 | 0.092 | 1.80 | 207 | 30 |
OPM-22-179 | Mill | 135 | 220.5 | 85.5 | 0.60 | 0.322 | 0.388 | 1.27 | 56 | 32 |
OPM-22-180 | Springer | 50.6 | 56 | 5.4 | 2.11 | 1.728 | 0.244 | 18.34 | 412 | 67 |
And | Springer | 100.5 | 122.6 | 22.1 | 0.95 | 0.736 | 0.187 | 5.63 | 209 | 67 |
OPM-22-181 | Springer | 165 | 208.5 | 43.5 | 0.37 | 0.253 | 0.133 | 1.39 | 68 | 37 |
And | Springer | 330 | 339 | 9.0 | 0.37 | 0.271 | 0.07 | 2.22 | 109 | 53 |
And | Springer | 382.5 | 412.5 | 30.0 | 0.55 | 0.145 | 0.553 | 2.27 | 301 | 50 |
OPM-22-182 | Springer | 181.5 | 196.5 | 15.0 | 0.39 | 0.299 | 0.049 | 2.03 | 67 | 60 |
And | Springer | 261 | 273 | 12.0 | 0.76 | 0.125 | 0.739 | 2.53 | 4141 | 36 |
And | Springer | 354 | 360 | 6.0 | 0.86 | 0.662 | 0.153 | 5.73 | 200 | 69 |
*Copper Equivalent ("Cu Eq.") grade including copper, gold, silver, cobalt and zinc based on 100% recoveries is calculated using the following equation: Cu Eq. = [(Cu % x 20 x Cu price) + (Au grade / 34.2857 x Au price) + (Ag grade / 34.2857 x Ag price) + (Co % x 20 x Co price) + (Zn % x 20 x Zn price)] / (20 x Cu price). We used Cu, Au, Ag, Co and Zn price of |
The current drill program is designed to expand the in-pit current NI 43-101 compliant 81.7M tonnes @ 0.88% CuEq of Measured and Indicated Mineral Resources and 21.4M tonnes @ 0.73% CuEq of Inferred Mineral Resources (2021 MRE). As of
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