A recently completed 6-hole drilling program on the Dot property in central British Columbia confirmed and extended a previously identified zone of copper-oxide mineralization.
Zappa Resources (VSE) is in the process of earning a 50% interest in the property from American Bullion Minerals (VSE) by meeting property payments to the underlying vendor and funding the first $2 million in exploration expenditures.
American Bullion is then required to spend the next $2 million on the property to maintain its interest.
The 6-angle holes, spaced about 160 ft. apart, tested some 850 ft. of strike length along a previously identified zone of copper-oxide mineralization to a depth of about 330 ft.
Preliminary estimates based on previous work, which included 13 drill holes, put reserves at about six million tons grading 0.6% copper.
The recent six holes included a 160-ft. stepout along strike to the northwest by hole 92-1 and a 160-ft. stepout to the southeast by hole 92-6 while the other four holes were drilled within the reserve area.
Albert Gerry, president of Zappa, said the company is now completing preliminary metallurgical studies and depending on results, plans to drill test a geophysical (IP) anomaly to the southeast of the presently drilled area in March.
Drilling results from the recent program are as follows:
Hole Interval Width Copper
(ft.) (ft.) (%)
92-01 090-165 75 0.16
92-02 100-275 175 0.36
92-03 080-330 250 0.90
92-04 115-325 210 0.37
92-05 075-235 160 0.21
92-06 270-325 55 0.26
Be the first to comment on "Zappa drilling confirms, extends Dot copper zone"