공지 • Dec 07
Kutcho Copper Corp. Defines High Priority Drill Targets
Kutcho Copper Corp. announced it has completed target generation over its entire prospective project package that already hosts three volcanogenic massive sulphide ("VMS") copper-zinc deposits - Main, Sumac and Esso. The exploration package encompasses several high priority targets, as well as a suite of longer lead target areas. The Esso West target is the highest priority and has geophysical and geologic characteristics very similar to the Esso deposit, the highest grade of the three known deposits at Kutcho and lies immediately along strike to the west. High Priority Targets: Esso West: 1,900 m strike by 500 m down dip coincident ZTEM 1, VTEM 2, magnetic, and seismic target that lies along strike to the west of the high-grade Esso deposit. Historical, drilling down dip, and at the eastern margin of the target returned an intercept of 7.2m @ 2.0% Cu and 5.2% Zn; Mother: 7.5 km long, partially coincident ZTEM and VTEM target. A total of four historical drill holes tested portions of the target and define a prospective geological environment for a potential VMS deposit, including surface rock chip samples that returned > 10% Cu, 0.10% Zn, 69 g/t Ag and 2.2 g/t Au over widths of 2.5 to 5cm; Far East: 3.5 km long, partially coincident ZTEM, VTEM and magnetic target. A total of four historical drill holes tested a 400 m strike length of the target and defined a prospective geological environment for potential VMS deposits, including anomalous copper and zinc values in syngenetic pyritic mudstones. Exploration Targets: The targets have been prioritized by their similarity to known mineralization, strength of geophysical signatures and strength of supporting information (drilling, mapping, soil sampling, chip sampling, stream sampling, etc.). The highest priority group all lie within the Kutcho upper formation, where known mineralization occurs, including the Main, Sumac and Esso deposits. These priority targets include Esso West, Mother, and Far East. The other targets are on interpreted fold-repetitions of the same productive time horizon with similar volcanic stratigraphy to the south of the main trend and are less well explored. Esso West Target: The Esso West target covers an area of 1,900 m strike by 500 m down dip and is defined by a coincident ZTEM, VTEM, magnetic, and seismic anomaly that lies along strike and to the west of the high-grade Esso deposit. The target is bracketed by a total of five historic drillholes that consist of a combination of moderately to strongly sericite - pyrite altered quartz - crystals tuffs that correlate to the immediate hanging wall rocks to the Main, Sumac, and Esso deposits and sericite - pyrite altered lapilli tuffs, which are indicative of the foot wall sequence below the three known deposits. However, none of these holes directly tested the Esso West target. In addition, a fence of historical drillholes that were testing for the west extension of Esso mineralization struck the interpreted down dip eastern margin of the target and intersected semi-massive and massive sulphides in several holes and returned a best intercept of 7.2m @ 2.0% Cu and 5.2% Zn in E094B3. Esso West would be a key focus of planned drill testing during 2024. Mother Target: Mother is a 7.5 km long, partially coincident ZTEM and VTEM target. A total of four historical drill holes have tested portions of the target and define a prospective geological environment for a potential VMS deposit. Two historical holes anchored on the western extents of the target intersected an interpreted felsic flow dome consisting of a combination of sericite altered quartz, quartz - feldspar and lapilli felsic tuffs similar to the setting of the Main, Sumac, and Esso deposits. Silica exhalates with jasperoid development, and bands of magnetite and semi massive - massive sulphides occur between felsic units. These exhalates returned surface rock chip samples that ranged from 2.3% to greater than 10% Cu, 0.04% - 0.10% Zn, 15 g/t - 69 g/t Ag and 0.3 g/t - 6.2 g/t Au over widths of 2.5 to 5cm. Two drillholes located 2 km and 5 km to the west of these holes intersected more distal felsic tuffaceous volcanic rocks and mudstones. The 2 km target segment between the felsic dome and distal basin mudstones is a prime environment for hosting potential VMS style mineralization. A preliminary ground program is planned for 2024, prior to drill testing the target.