Interra Copper Completes Groundwork At Gail Showing, Assays Pending

Interra Copper Corp (CSE: IMCX) has completed ground and geophysical work at its flagship Thane property in British Colombia. The groundwork was conducted in conjunction with an exploration program focused on identifying a copper porphyry system.

Exploration was centered around the Gail Zone at the Thane property. Results from the field program thus far have supported the firms thesis of such a system being present, with relevant signatures reportedly being found through the program.

Included under the work program was a soil sampling program as well as the establishment of a grid. One focal point was a historical copper-in-soil anomaly initially discovered on the property in 1974, which is on strike with the Gail showing. Four lines in total were established over the anomaly and the larger Gail zone.

Historically, the anomaly has been noted to be 430 metres long by 60 to 240 metres wide, with soil samples on average indicating 733 ppm copper, with a maximum value of 2,100 ppm being assessed. Samples from the current program have now been submitted for assays, in hopes of receiving similar results. Notably, the company also indicated that it discovered native copper at the Gail zone.

“Our Thane property has continued produce the positive geological results we have come to expect after 9 years of investment in the project. The identification of 5 solid bulk-tonnage copper gold targets is a result of our own work and the work of number of accomplished junior and senior mining exploration companies. We are pleased to have completed further work on our Gail zone which has now become a top priority for next stage of drilling and exploration towards realizing value from this significant
potential.”

The Gail Zone is said to be a high priority target for the 2022 summer season.

Interra Copper last traded at $0.125 on the TSX Venture.


FULL DISCLOSURE: Interra Copper is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Interra Copper on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift

G Mining Q3 Earnings: Costs Down, Production Up

Endeavour Silver Q3 Earnings: On The Upswing

Recommended

Kalshi Faces Class Action Lawsuit Over Alleged Illegal Sports Betting

Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain

Related News

Chile Election Will Decide Fate of World’s Largest Copper Producer

Chileans will head to the polls on November 16 to elect a president who will...

Thursday, July 31, 2025, 02:53:00 PM

Canadian Copper Begins Trading On The CSE

Canadian Copper (CSE: CCI) became the latest issue to hit the Canadian Securities Exchange, experiencing...

Tuesday, July 26, 2022, 03:50:00 PM

Congo Launches Strategy to Diversify Mining Investments Beyond China

The Democratic Republic of Congo is making strategic moves to diversify its mining industry and...

Friday, October 11, 2024, 12:10:00 PM

Filo Mining Hits 9.11% Copper Over 11.1 Metres Before Hole Terminated

Filo Mining (TSX: FIL) continues to see strong results from its drill program at the...

Friday, May 13, 2022, 09:02:34 AM

Copper Crunch: Six New Mines Needed Every Year Through To 2050

As the United States gears up for an ambitious transition to renewable energy, a new...

Wednesday, May 22, 2024, 02:57:00 PM