Early drilling at Star Copper’s (CSE: STCU; US-OTC: STCUF) namesake project in northern British Columbia has confirmed broad near-surface copper-gold mineralization, reinforcing the case for a larger porphyry system at depth, President and CEO Darryl Jones said.
The 68.3 sq. km property lies about 100 km west-southwest of Dease Lake, in the Golden Triangle’s northern end. Recent assay results testing a supergene-enriched cap above what management calls an alkalic porphyry system returned, among other highlights, 311 metres grading 0.3% copper and 0.15 grams gold per tonne from 18 metres depth.
“Although remote, infrastructure at the Star property suggests that exploration costs, and ultimately, capital costs to develop a deposit discovered on the property, could be significantly less than at other remote properties in northern B.C.,” Jones told The Northern Miner’s Western Editor, Henry Lazenby, at a recent industry event.
Beyond Star, the company has four other high-priority targets – Star North, Star East, Pyrrhotite Creek and Copper Creek – and expects remaining assays and new modelling to guide follow-up drilling. The next phase includes a 3D induced polarization survey and a magnetotelluric survey to map the system at depth, with the goal of working toward a first resource once it fills in gaps.
Watch the full interview below:
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