Posted on behalf CopperCorp Resources Inc. CPER.v; CPCPF - on January 27th the company reported that high-grade gold assays have been returned from reconnaissance rock chip sampling of the Marigold Zone located 18km south of Queenstown in western Tasmania, Australia.
Stephen Swatton, President and CEO of CopperCorp commented: "The Company has made an exciting find on the Razorback property within sight of the Jukes, Hydes and Darwin prospects. The discovery of this zone is significant because the lithology and style of alteration observed are consistent with the middle-upper levels of the Mt Lyell Cu-Au system. This is the first time outside of Mt Lyell that we have seen this type of rock on the Razorback Property.
The results come at a time when we are awaiting final assay results from drill holes JDD005 and DDH006 at Jukes and we are currently drilling JDD007 also at Jukes. JDD007 is currently at a depth of 112m and crossed the faulted and sulfide rich contact between the Tyndall Group and Central Volcanic Complex at 63m."
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