Cerro Cobre returns anomalous copper-gold

Geological mapping and sampling at the Cerro Cobre copper-gold porphyry prospect in Chile have returned anomalous values for partners Agate Bay Resources (VSE) and Demand Gold (VSE).

Soil geochemical sampling outlined a copper anomaly measuring greater than 500 parts per million (ppm) over a 2.5-sq.-km area in the southern half of the property.

The anomaly contains a central zone measuring 1 by 1 km, with values of more than 1,000 ppm copper and up to 0.8 ppm gold.

The joint venture is awaiting results from a follow-up induced-polarization survey.

.A

MOST ACTIVE ISSUES, Dec 23-29

Exchg Vol(000s) Close

Inmet Mining T 5237 $9 7/8

Princeton Mng T 4134 39

Goldstake Exp T 3523 151

Sherritt T 2380 $17 3/8

Barrick Gold T 2272 $37 1/8

Timbuktu Gold A 2026 310

TVX Gold Inc T 1997 $10

Echo Bay Mns T 1864 $15

Asia Pac Res T 1737 $7 1/4

Miramar Mng T 1345 $7

COMING EVENTS

Jan. 15-19 Department of Mining and Mineral Engineering — “Mine Finance and Valuation” (professional development course). University of Leeds, Leeds, U.K. Tel: +44 (0) 113 233 2796. Fax: +44 (0) 113 246 7310.

Jan. 16-19 Mining Machinery Exhibition — “4th Int’l Exhibition.” Calcutta, India. Contact Dilip Sirkar in New Delhi, India. Tel: +91 11 462 9994. Fax: +91 11 463 3168.

Jan. 16-18 Canadian Institute of Mining, Metallurgy & Petrtoleum — “28th Annual Canadian Mineral Processors Operators Conference.” Ottawa. Tel: (514) 939-2710. Fax: (514) 939-2714.

Jan. 22-24 Geological Survey of Canada — “GSC Minerals Colloquium 1996.” Ottawa Congress Centre. Contact Charles Jefferson. Tel: (613) 996-4561. Fax: (613) 996-9820.

Jan. 25 Mineral Economics Society of the Canadian Institute of Mining, Metallurgy & Petroleum — “Global Mining Opportunities Symposium.” Sheraton Hotel, Toronto. Contact Keith Spence at (416) 867-6467 or Jens Mayer at (416) 868-5361. Fax: (416) 369-9498.

Jan. 28-29 British Columbia Geological Survey — Short course: “New Deposit Models for the Cordillera.” Vancouver, B.C. Contact David Lefebure. Tel: (604) 952-0404. Fax: (604) 952-0381.

Print


 

Republish this article

Be the first to comment on "Cerro Cobre returns anomalous copper-gold"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close