Copper One has reported the drilling results from the fall 2011 core program conducted at the Lone Mountain project, which is located between operating Tyrone and Chino mines of Freeport McMoran, in USA.
The company drilled the hole LM-11-052 on the property’s portion, which was not tested, and encountered 0.36% copper over 135 m. this hole has expanded the prominent mineralization towards the south.
The fall 2011 drilling’s objective was to examine the mineralized zone that is trending to the north-northwest direction. This zone was formerly outlined by LM-03, LM-32, and LM-44, three vertical holes. Angle core drilling was used in the fall 2011 drilling. The western zone has a length of 545 m and thickness of 79 m, and is plunged sharply towards the east. The 2011 core drill program has drilled triple the dimensions, measuring thickness of 143 m and length of 1,046 m.
The drill program aimed additionally to find the oxide copper mineralization’s depth level at the project. This latest drill program showed that the mineralized copper oxide deeply penetrates than anticipated and reaches more than 380 m deep. The porphyry’s observed mineralized fractures are denser than the modeled fractures from the former near-surface vertical drill program in the intrusion’s center part.
Copper One conducted the fall 2011 drill program under the terms of state issued Part 4 permit, wherein the company is allowed to drill up to 528 holes in up to 176 drill locations. The company has planned to perform reverse circulation (RC) drill program at the western zone. Later, a core drill program will be conducted to possibly extend the Eastern and Western zones and examine the mixed-oxide chalcocite-sulphide zones’ depths in the Eastern zone.