Nov 16 2010
AQM Copper Inc. (TSX VENTURE:AQM)(BVLAC:AQM) announces more positive drill results from the Zafranal project located in the northwestern extension of the Southern Peru Copper Porphyry Belt near the city of Arequipa.
"We are very pleased with the consistency of mineralization encountered at the Zafranal Main Zone. These ongoing results support the resource estimation work that is currently underway at Zafranal," states Bruce Turner, President & CEO.
Today, the company reports drill results from 13 diamond drill holes.
Drill holes ZFDDH10-119 and ZFDDH10-124 extend the known limits of copper mineralization further to the north than previously recognized. Of particular significance is the presence of copper mineralization in the northwestern portion of the deposit (ZFDDH10-119), where very little surface alteration is visible.
Some of the drill holes reported today are infill holes designed to get a better understanding of the geometry of the primary and secondary copper zones in view of the upcoming resource estimate. Holes ZFDDH10-122, ZFDD10-123, ZFDDH10-125, ZFDDH-127 and ZFDDH10-129 were all aimed at filling in areas where there was insufficient information at depth. Hole ZFDDH10-125 extends mineralization deeper than previously seen.
Holes ZFDDH10-120 and ZFDDH10-121 were drilled near the known limits of mineralization and have confirmed the extents of the Main Zone along their respective sections.
Holes ZFDDH10-118, ZFDDH10-126, ZFDDH10-128 and ZFDDH10-130 were all drilled near the southern extent of mineralization along their respective sections. All of these holes have intercepted significant mineralization that shows the zone remaining open towards the south.
Drilling through October has focused on a 2.4km long segment of the 3.5+km east-west trending intensely mineralized Main Zone, one of six porphyry copper-gold targets within the Zafranal project. The Company continues an aggressive drill program at Zafranal having now completed more than 63,000m of diamond and RC drilling this year. The Company plans to publish an NI43-101 compliant resource estimate in Q4. AQM is the operator of a 50/50 JV with Teck Resources Limited through a sole purpose Peruvian company being formed for the Zafranal Project, as announced in its press release on July 8, 2010.
Dr. Tom Henricksen, consultant geologist of the Company and Chief Geologist for AQM Peru, the Company's Qualified Person for the purposes of NI 43-101, has approved the information contained in this news release.
Source: AQM Copper Inc.