Renewal Of Exploration Permit At Surselva Gold ProjectVANCOUVER - NV Gold Corporation reported that the…
High Grade Copper And Epithermal Pathfinder Elements Identified At Copper Eagle
High Grade Copper And Epithermal Pathfinder Elements Identified At Copper Eagle
VANCOUVER – T2 Metals Corp. reported first assay results from an initial field reconnaissance visit to Copper Eagle copper-gold project, located in Douglas County, Nevada. The project is easily accessed utilizing existing all weather roads from Nevada State Route 395. Several large former copper mines and development projects lie within 50 km of Copper Eagle. T2 Metals geologists located various trenches and shallow pits/workings reported by consulting geologist Majid Shokohi in 1971. Representative rock chip samples were taken from five of the most significant pits/workings across an area of approximately 200 by 200 metres. The five samples ranged from 0.04% to 10% copper (Cu) averaging 3.09%; from 0.18 to 32.5 g/t silver (Ag) averaging 16.4 g/t; and from 0.005 to 0.62 g/t gold averaging 0.15 g/t.
The assay results verify grades reported by Majid Shokohi and confirm the potential of the Copper Eagle project. In addition, the highest gold grade sample was associated with highly anomalous Te (3 ppm), Se (34 ppm), Ba (0.23%), In (1.9 ppm) and Sb (14 ppm), suggestive of a northern Nevada high sulfidation epithermal signature. High sulfidation systems are commonly genetically and spatially associated with porphyry copper-gold deposits.
Mark Saxon, President & CEO, said, “These first assay results from shallow pits at Copper Eagle in Nevada are suggestive of epithermal or porphyry style mineralization, with prospectivity heightened by the epithermal pathfinder signature. With tightening global copper supplies and rapidly rising copper prices, we look forward to applying modern exploration methods at the Copper Eagle project to determine its potential. The United States requires more domestic sources of renewable energy materials, and with Cora, Lida and Copper Eagle, T2 Metals is well positioned to contribute to future supply.â€
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