Interra Copper (CSE: IMCX) announced to the market this morning that it has collected slightly more data on its flagship copper property in British Columbia. The firm has received the results of an age dating study conducted on the property.
The age dating processing was conducted on the Gail showing on the property, with the data analyzed by the University of Alberta’s Earth and Atmospheric Services Department. The specific process used is referred to as rhenium-osmium age dating.
The process was used on a sample collected from an outcrop on the property, which is a north-east trending 20 cm wide quartz vein. The purpose of the aging study was to provide proof of concept for the potential of copper gold calc alkaline porphyry mineralization, based on whether it has the same aging of the mineralization in the Quesnel Terrane.
Data from the study has indicated the molybdenite mineralization within the Gail showing developed in the late Triassic to early Jurassic time period of 215-205Ma, similar to other porphyries found throughout the province. The diorite host meanwhile has a date of 206.6+/-0.9 Ma.
“The structural controls as evidenced by our recent drilling and airborne mag and radiometric geophysics and ground chargeability/resistivity surveys suggest further similarity with other known deposits where structure has shaped the current resource (Kwanika, Lorraine),” commented Greg Hawkins, Chairman of Interra.
Interra Copper last traded at $0.09 on the CSE.
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. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.