CopperCorp Resources Inc. reported that it has commenced a 3-hole scout diamond drilling program at the Skyline Project, located 15km northeast of Queenstown in western Tasmania, Australia. Highlights: A 3-hole, 750m scout diamond drilling program has commenced at the previously undrilled Dora prospect - a 5km long zone of outcropping IOCG style mineralization within the Skyline Project in western Tasmania - Drilling will test under outcropping mineralization along the Dora trend where previous rock sampling1 has returned anomalous assays including up to 6.3% Cu, 47.7g/t Au,250g/t Ag, 2.25% Co, 5.5% Zn, 2.3% Pb, and 839ppm TREO from individual samples - Dora Prospect is located near two large-scale mines that are within 5 km of the Skyline project boundary - the Mt Lyell Cu-Au deposit (3 Mt Cu and 3 Moz Au @ 1.0% Cu and 0.3g/t Au)2, and the Henty Au deposit (1.64 Moz Au @ 12.5 g/t Au). The drill program is partially co-funded by the Tasmanian government. Planned Drill Program: The planned drilling program comprises 3 scout diamond drill holes totaling 750m, to be drilled from 2 pad locations approximately 1km apart that will test 2 priority targets (Dora 2 and 3) for IOCG style mineralization. The first drill hole will test the Dora 3 target area, while 2 holes will be drilled from the second pad to test the Dora 2 target area. The program may be extended depending on results of the initially planned holes. The drilling is helicopter-assisted (mobilization, supply, demobilization). The first two drill holes of the planned program were successfully awarded co-funding under the Tasmanian government's exploration drilling grant initiative (EDGI) scheme. The government contribution to each drill hole is up to $50,000 for direct drilling costs, plus an additional $20,000 for helicopter support. Planned Drill Program: The planned drilling program comprises 3 scout diamond drill holes totaling 750m, to be drilled from 2 pad locations approximately 1km apart that will test 2 priority targets (Dora 2 and 3) for IOCG style mineralization. The first drill hole will test the Dora 3 target area, while 2 holes will be drilled from the second pad to test the Dora 2 target area. The program may be extended depending on results of the initially planned holes. The drilling is helicopter-assisted (mobilization, supply, demobilization). The first two drill holes of the planned program were successfully awarded co-funding under the
Tasmanian government's exploration drilling grant initiative (EDGI) scheme. The government contribution to each drill hole is up to $50,000 for direct drilling costs, plus an additional $20,000 for helicopter support. The Dora prospect is defined by a northwest trending 5 km long zone of highly prospective outcropping polymetallic Cu-Au-(Ag-Zn-Pb-Co-REE) mineralization. The area saw a period of small-scale mining and prospecting between the years 1890 and 1920 but was then left unexplored until more modern
times. Geological mapping and sampling of outcropping mineralization and historical small scale mine
workings by previous explorers since the 1960's and, more recently, by CopperCorp has led to 4 high-
priority target areas being identified at Dora. Despite evidence for a potentially significant
Cu-Au system at Dora, the area has so far remained untested by drilling.
Dora 1 Target Area: At Dora 1, anomalous assays from outcrop and historical workings occur over a +300m long,
approximately 50m wide vein and breccia-matrix mineralized zone adjacent to a mapped quartz-feldspar
porphyry intrusive. The mineralization is coincident with a magnetic high feature that extends over 1 km
of strike length. Historical and recent anomalous rock sample assays from the Dora 1 area include: 3.2% Cu with 1.44 g/t Au, 42 g/t Ag, 1.7% Zn and 0.85% Pb. 0.2% Cu with 1.9 g/t Au, 16 g/t Ag and 885ppm Co. Numerous samples ranging 0.25-0.54% Cu, 0.12-0.47 g/t Au, 54-88 g/t Ag, 146-320ppm Co, 0.2-9.6% Zn, 0.4-2.1% Pb.