Infrastructure Materials Corp. announced a new copper-gold discovery at its Kope Scheelite Project in Nevada. The company's wholly owned subsidiary, Silver Reserve Corp., has completed a preliminary review of assay and geochemical data from reverse circulation drilling on the Project to further delineate the potential of gold, copper, silver and lead mineralization on the Project.

During September and October 2012 the company completed 2,311.9 meters (7,578 ft) of drilling in 19 reverse circulation holes at the Project. Holes were located to test geological and geophysical targets identified by the company in previous exploration programs. Drilling has identified copper and gold mineralization hosted both in the intrusive and in adjacent sediments. The company notes the substantial spacing between holes with significant intersections; CPR2 and CPR8 are approximately 1,000m (3,300 ft) apart with no infill drilling to test copper mineralization.

CPR9 is on a northeast line between CPR11 500m to the northeast and CPR17 300m to the southwest also without infill drilling to test gold mineralization. It is not clear that these gold intersections are on the same mineralized structure. Phase II drilling will conduct both step out and infill drilling to more clearly delineate these zones.

These results have presented the company with multiple target areas. The Mag grid will be extended to the south in late January to further delineate target areas south of CPR2. It is assumed that this geophysical work will lead to a better understanding of the area.

It is anticipated that phase II drilling will start in the late 2013.