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Providing coverage of Alaska and Northwest Canada's mineral industry
September 2015

Vol. 20, No. 38 Week of September 20, 2015

Mining News: Northern Neighbors: Evidence of porphyry emerging at Hopper

Strategic Metals Ltd. Sept. 15 reported additional results from a nine-hole, 3,227-meter drill program at its Hopper gold-copper project in southwestern Yukon Territory. In August, the company reported results from the first two holes that included 12.15 grams per metric ton gold and 0.95 percent copper over 2.65 meters of hole 15-01. Highlights from the remaining seven holes include: 0.17 percent copper over 162.5 meters of hole 15-05; 2.4 g/t gold and 1.03 percent copper over 4.48 meters of hole 15-04; and 43.6 g/t gold over one meter of hole 15-08. "Results from the 2015 program have significantly expanded the area of known skarn mineralization and provide evidence of a porphyry center coring this very large hydrothermal system,” said Strategic CEO Doug Eaton. “A sizeable area of mineralization southwest of the main pluton is now ready for systematic grid drilling and many soil geochemical and geophysical anomalies elsewhere on the property offer excellent potential for additional discoveries.”

–Shane Lasley






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