Vancouver – With its acquisition of Lumina Copper now well under its belt, Western Copper‘s (WRN-T, WCPCF-O) drilling of the North West Expo copper-gold-molybdenum project on northern Vancouver Island is confirming significant tonnage potential and has tapped a new zone of molybdenum mineralization.
Recent drill holes EC-233 and EC-234, which straddle a couple of 2005 holes by about 100 metres on each side, delivered mineralized intercepts and indicate continuity of an upper molybdenum-gold zone and a lower gold-copper-molybdenum zone.
Hole EC-233 cut 82.6 metres (from 138.7-metres downhole depth) grading 0.033% molybdenum and 0.14 gram gold per tonne plus a deeper interval of 182.5 metres (from 271.3 metres) that averaged 0.58 gram gold, 0.078% copper and 0.013% molybdenum.
Hole EC-234 returned 27.4 metres (from 140.2 metres) of 0.022% molybdenum and 0.13 gram gold followed by 204.2 metres (from 246.9 metres) grading 0.74 gram gold, 0.11% copper and 0.012% molybdenum.
Western Copper is hoping to add additional tonnage of higher-grade material for potential development in conjunction with its nearby Hushamu deposit. Hushamu contains a measured and indicated resource of 230.9 million tonnes of 0.28% copper and 0.31 gram gold plus an additional 52.8 million inferred tonnes at similar grades.
The Hushamu porphyry copper-gold-molybdenum project sits within the northern Vancouver Island Copper Belt that also hosts the now closed open pit Island Copper mine operated by BHP Billiton (BHP-N) predecessor company BHP-Utah Mines from 1971-to-1994. Island Copper had past reserves of 345 million tonnes of 0.41% copper and 0.19 gram gold.
Additionally, drilling on the Cougar zone, just over one km east-northeast of North West Expo, has intersected wide intervals of copper-gold mineralization on the new porphyry discovery.
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