Kiruna
“These very convincing results encourage us to continue our drilling campaigns in the Viscaria project with a planned re-opening of the mine in sight. The D-zone is increasing by every drill hole, and the Viscaria Copper project is hence growing steadily. With these indications of high-grade copper, our ambition is to further upgrade the already large mineral resource. As a consequence of the growing project and increased mineralized drill core information, we will need to put further investments and time into the technical part of the environmental permit application, and in parallel I am looking forward to strengthening the organization further.”, comments CEO
Prior to the 7,945 diamond drill meters conducted by Copperstone, the Viscaria project already contained 52 mton with 1.2 percent copper, according to the JORC 2012 code, or approx. 609,000 tons of copper of measured, indicated and inferred classes (see www.copperstone.se / Projects /
Copperstone hereby announces that the assay results of VDD0212, VDD0213, VDD0214 and VDD0215 have been received from ALS laboratories; compiled by Copperstone, verified by the QP.
Highlights from lab tests:
- In VDD0212 intersected 35.4 meters at 0.7% copper from a depth* of 462.8 meters. It included 18.9 meters at 1.3% copper from a depth of 468.1 meters.
- In VDD0213 intersected 56.8 meters at 0.9% copper from a depth of 591.2 meters, including 14 meters at 2.3% copper from a depth of 612 meters. It included 7.1 meters at 3.8% copper from a depth 615.2 meters, incl. 4.6 meters at 5.3% copper, incl. 0.6 meters at 20.1% copper.
- In VDD0214 intersected 4.6 meters at 1.4% copper from a depth of 751.4 meters.
- In VDD0215 intersected 48.1 meters at 0.5% copper from a depth of 660.9 meters. It included 9.3 meters at 1.0% copper from a depth of 689.5 meters.
*Depths refer to down hole depths. All intercepts are reported as “along the hole”, no calculation of true widths have been made.
Very few, if anyone, can today predict the true scope and future size of the D-zone and its extensions and the blue sky potential is considered to be most significant. Especially VDD0213 and VDD0215 indicate that a new mineralized shoot may hereby have been discovered, origin unknown.
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CEO
info@copperstone.se or refer to Copperstone at www.copperstone.se.
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Please see the attached pdf for complete information.
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About Copperstone
Copperstone is a public company trading as COPP B on Nasdaq First North Growth Market in
Qualified Person
The technical information herein has been reviewed by the Qualified Person of the Company (QP)
Forward looking statements
The information in this press release may contain forward-looking statements, which relate to future events or future performance and reflect Copperstone’s current expectations and assumptions. Such forward-looking statements reflect Copperstone’s current beliefs and are based on assumptions made by and information currently available to the Company.
Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected.
These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.
Please note drill intercepts are quoted as drilled and are not corrected for true thickness as the shape of the orebodies is not yet known.
Attachment
- PR 200625 UK final
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