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

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

Two Vessels Attacked Near Strait of Hormuz Within Hours as IRGC Escalates Maritime Campaign

Cambria Drills 17.95 g/t Gold Over 22 Metres At Premier Mine

Related News

Another Peru Mine Shuts Operations as Anti-Government Protests Gain Momentum

Buenaventura, a Peruvian mining company, has halted mining operations at its Julcani mine amid worsening...

Friday, February 10, 2023, 06:12:00 AM

Max Resource Releases Bulk Sample Assay Results For Cesar Project

Further assay results have been released this morning by that of Max Resource Corp (TSXV:...

Thursday, May 21, 2020, 08:44:21 AM

Max Resource Closes On $15.3 Million Financing

Max Resource Corp (TSXV: MAX) is now cashed up and ready to drill test its...

Thursday, May 19, 2022, 07:56:34 AM

Mining SPAC Metals Acquisition Looks To Acquire Glencore’s CSA Copper Mine For US$1.1 Billion, 1.5% NSR

Blank check firm Metals Acquisition Corp. (NYSE: MTAL) announced today the definitive agreement to acquire...

Thursday, March 17, 2022, 02:28:00 PM

Benton Resources Hits 8.79% Copper Over 6.03 Metres At Great Burnt

Benton Resources (TSXV: BEX) continues to hit high grade copper at its Great Burnt Copper...

Tuesday, January 16, 2024, 10:03:23 AM