Copper Fox hits near-surface mineralization from Schaft Creek metallurgical drilling

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A total of four drill holes were completed in the Liard zone, targeting representative geometallurgical domains within the first five-year mine plan as contemplated in the Schaft Creek preliminary economic assessment (PEA).

The drilling intersected copper-gold-molybdenum mineralization including low-grade, life of mine (LOM) and higher-grade mineralization for the metallurgical test work.

This was highlighted in DDH SCK-21-447, which intersected a 216.5-metre interval from 7.6 to 224.1 metres that averaged 0.295% copper, 0.367 g/t gold, 0.004% molybdenum and 1.97 g/t silver. This interval includes 108.4 metres of 0.411% copper, 0.560 g/t gold, 0.004% molybdenum and 2.84 g/t silver starting at 7.6 metres.

Another drill hole, DDH SCK-21-446, intersected 104.0 metres of 0.333% copper, 0.123 g/t gold, 0.007% molybdenum and 1.22 g/t silver, starting at 86.0 metres down.

“Receipt of the analytical results from the 2021 metallurgical…

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