Interra Copper Corp (CSE: IMCX) this morning announced that they have begun drilling. The maiden drill program is to take place at the firms Thane Property, located in North Central British Columbia.
Defined as a phase 1 drill program, the program will see at least 2,400 metres of core drilled across eight separate drill pads built by the company. Mapping and sampling has reportedly been ongoing at the drill site since the start of the month, with further such work to continue across the property at several different areas.
The phase 1 program is set to test zones where the company has found strong IP chargeability that is coincident with soil and outcrop geochemistry, in a region defined as the Cathedral area. Among the locations to be drilled is a “large prospective copper gold porphyry target,” as well as enriched mineralization that is structurally controlled.
“With the drill now turning our ground teams will work in tandem with the drilling team to maximize our efficiency. All samples will be submitted to ALS laboratories for multi-element and gold analyses, but the in field analyses will allow the company to prioritize additional drilling past the planned 2400 meters. We remain in a strong cash position and look forward to presenting results as received for the initial drilling program.”
Dave McMillan, Interim Chief Executive Officer
Interra Copper last traded at $0.22 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. Always do additional research and consult a professional before purchasing a security.
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