Source: General Copper Gold Corp.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • General Copper Gold (GGLD) has begun diamond drilling on its Topley Richfield property
  • General Copper Gold has identified three high-priority targets, all of which will be explored and evaluated for the first time
  • This initial phase of the program is expected to be 2,000 metres
  • General Copper Gold (GGLD) is up 11.11 per cent, trading at C$0.15 per share as of 10:05 am ET

General Copper Gold (GGLD) has begun diamond drilling on its Topley Richfield property.

General Copper Gold has selected the drill targets based on the deep-seeing induced polarization survey program completed and processed in 2021 to identify additional Au-Ag-Cu-Pb-Zn mineralization. The survey identified three high-priority targets, all of which will be explored and evaluated for the first time.

Each target will be tested with two or three diamond drill holes. This initial phase of the program is expected to be 2,000 metres.

The company’s President, Michelle Gahagan, stated that there are several zones worthy of immediate investigation.

“We are confident that the data we have to work with will greatly assist in what is a very encouraging project.”

There has been significant historical exploration of the property, going back to 1927, with evaluation done from 1979 to 1987. One historical 410 kg sample yielded recovered grades of 22.29 g/t Au, 913 g/t Ag, 4.6 per cent Cu, 3.2 per cent Pb and 5.5 per cent Zn. Results of detailed underground sampling indicate several areas with significant gold-silver values.

General Copper Gold Corp. (GGLD) is engaged in the business of exploring and evaluating mineral properties. The company is exploring 7.7 sq. km. Clark’s Brook gold property in central Newfoundland, as well as the 23.13 sq. km. Topley Richfield copper-gold property located approximately 100 km southeast of Smithers in British Columbia’s Omineca Mining Division.

General Copper Gold (GGLD) is up 11.11 per cent, trading at C$0.15 per share as of 10:05 am ET.


More From The Market Herald

" Basin Uranium (CSE:NCLR) completes 2022 drilling at Mann Lake

Basin Uranium (NCLR) has completed 2022 drilling at its Mann Lake project.
New Found Gold Corp. - COO, Greg Matheson.

" New Found (TSXV:NFG) intercepts bonanza gold

New Found Gold Corp. (NFG) has struck a bonanza-grade gold intercept on its Queensway Project in Newfoundland and Labrador.

" Andean Precious Metals (TSXV:APM) appoints new independent director

Andean Precious Metals (APM) announced the appointment of Yohann Bouchard to its board of directors, effective December 1, 2022.

" Skyharbour Resources (TSXV:SYH) completes 2022 drilling at Mann Lake uranium project

Skyharbour Resources (SYH) partner company Basin Uranium has completed the 2022 drilling program at the Mann Lake uranium project.