Imperial Metals has announced that the exploration drilling at Gully zone has shown the expansion of the mineralized system to at least 1 km to the present Red Chris project’s western part pit design.
The three diamond drill hole results signify the primary deep drill step out from the planned open pit from the time the property was acquired by Imperial in 2007.
The company encountered the highest mineralized intercept from the hole RC11-477, which yielded 0.35 g/t gold and 0.39% copper over 427.5 m, 0.29 g/t gold and 0.31% copper over 807.5 m. The geologists of the company observed the existence of several strongly mineralized quartz sections in the heavily altered and brecciated series that was cut in the hole RC11-477 and showed an adjacent fluid source. Imperial intersected 0.41 g/t gold and 0.41% copper over 587.1 m in the hole RC11-539.
Imperial collared the third hole, RC11-564, to the eastern part of RC11-539 and RC11-477. It will expand the drill hole RC11-564.
The company’s previous drilling at the Gully zone had penetrated approximately 350 m in the zone and had obtained strong alteration and broadly dispersed mineralization of copper and gold.
It completed two diamond drill holes in the East Ridge region, which was drilled up to 1.5 km in the planned open pit. The company is waiting for the assay results.
Source: http://www.imperialmetals.com/