Zaruma connects the copper deposits

If copper mineralization at Zaruma Resources‘ (ZMR-T) Antonio project in Sonora, Mexico, keeps expanding outwards as it has been, the company could be mining a much larger deposit.

Zaruma has been drilling around its Luz del Cobre deposit, where an open pit mine with a heap leach, solvent extraction, electro-winning plant is already under construction.

The company has had positive results both to the southwest and the northwest of Luz del Cobre. Some highlights from the Trion-Luz del Cobre on the southwest end returned intersections of 15.7 metres grading 1% copper, 18.45 metres grading 0.79% copper and 30.03 metres grading 0.63% copper.

About 200 metres northwest of Luz del Cobre is the newly discovered Calvario zone.

The company says that partial assay results from many of the unreported holes strongly suggest that Calvario has the potential to add to the Luz del Cobre mineable resources. It also looks like the mineralization could join with Luz del Cobre.

Drill results so far include a 9.8-metre intersection grading 0.94% copper, 31.4 metres grading 0.61% copper and 9.2 metres grading 0.38% copper.

The limits of Calvario are still undefined, the company says. The near-surface oxide and supergene sulphide copper mineralization appears to occur as a blanket-type body of varying thickness the body has been partially tested for about 200 metres along a northwesterly axis and has an open width of at least 100 metres.

Once Zaruma has all the assay results from Calvario, it plans to update its resource estimate likely in the second quarter.

Zaruma hopes the new resource estimate will allow it to increase the Luz del Cobre mine life, which is currently estimated at five to six years with a production of 15 million lbs. of cathode copper per year.

The current reserve stands at 4.3 million tonnes grading 1% copper for 94.2 million lbs. of contained copper.

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