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Providing coverage of Alaska and Northwest Canada's mineral industry
August 2016

Vol 21, No. 33 Week of August 14, 2016

Mining News: Northern Neighbors: Copper North plans to explore targets at Thor project in B.C.

Copper North Mining Corp. Aug. 4 reported the start of 2016 exploration at Thor, a northern British Columbia project that provides the company with an opportunity to explore for porphyry copper-gold mineralization in the slopes and valleys adjacent to the shutdown Kemess South mine. Initial exploration will focus on target evaluation in the Thor East area, followed by drilling in both the Thor West and Thor East areas. The company said historical exploration defined porphyry copper-gold mineralization at Thor. Copper North completed additional geophysical surveying in the fall of 2014 that defined targets for reconnaissance drilling in the Moose Valley portion of Thor West, an area hidden by overburden. Magnetic data indicate a large anomaly of elevated magnetic susceptibility that hosts a smaller area of reduced magnetics and modest increase in chargeability from the induced polarization survey data. The Thor West IP target covers a roughly 4,000- by 2,000-meter area. The Thor East target is located in the more mountainous area forming the eastern portion of the property. Historical exploration work identified anomalous copper and gold in soil and rock geochemical samples in the steeper terrane that flanks Moose Valley. Six shallow drill holes totaling 692 meters were completed in 1997. One of the holes cut 60 meters grading 0.12 percent copper and 0.04 grams per metric ton gold. Drilling is planned to begin later this month.

-Shane Lasley






Mining News North - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
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