COPPERSTONE RESOURCES TOP HAMMER DRILLING AT GRANLIDEN IS COMMENCED AND SECOND DEEP HOLE ON-GOING AT SVARTLIDEN-EVA
Copperstone Resources AB (below ”Copperstone” or ”the Company”) commences top hammer drilling at the northern subproject, Granliden within the Copperstone project.
The Company initiates a parallel campaign using top hammer drilling on the northern sub-project Granliden, in order to map the shallow part of the bedrock down to a maximum of 25 meters and thus create a more extensive understanding if Granliden (as Svartliden-Eva) is an altered system of hydrothermal origin and, if so, this area also potentially is a mineralization of copper-gold porphyry-type. Results from the top hammer drilling will, combined with information from existing diamond core drilling on the sub-project, make an excellent foundation for planning further core drilling in the area.
“The work on the Copperstone project continues in an extensive scale. In the southern sub project, Svartliden-Eva, the second of three planned deep drill holes is in progress as planned and presented in the technical report published in the end of January. Within short we await results from the assay results from core of the first drill hole, which was a great success and was terminated at approx. 1166 meter, which is the capacity of the equipment. Accordingly, we now commence mapping of the bedrock in the northern part of the Copperstone project where the Company, in addition to the mineral resource at surface, in its significant database has mapped drill core with sections of significant mineralisation at 300 to 400 meters depth. The aim of the drilling is to create a better foundation for further core drilling to develop this part of the potentially extensive Copperstone area” comments Copperstone CEO Per Storm.
For further information, please contact Per Storm, CEO Copperstone, +46 705 94 90 24, e-mail: per.storm@copperstone.se or refer to Copperstone Resources webpage: www.copperstone.se.
This press release contains insider information which Copperstone Resources AB is obliged to publish according to the EU market abuse regulation (MAR). The information was delivered by the above mentioned contact for publishing April 11th 2017 at 07:00 CET.
Copperstone Resources AB (publ) is a mining exploration company focusing on the Copperstone project in the vicinity of the Skellefte field. This project has the potential to become one of the biggest base- and precious metal deposits in the Nordic Region.
Copperstone Resources has eight exploration tenements covering approx. 9260 acres and two mining concessions and one applied concession covering a total of 82 acres.
This press release have been revised and approved by the qualified person of the Company, Thomas Lindholm M Sc at GeoVista AB,
The share (COPP B) of the Company is traded on Nasdaq First North Stockholm with G&W Fondkommission as the Certified Adviser.
|