Drilling Update from Bell Copper's Big Sandy Porphyry Copper Project in Arizona, USA
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Vancouver, British Columbia--(Newsfile Corp. - January 9, 2024) - Bell Copper Corporation (TSXV: BCU) (OTCQB: BCUFF) ("Bell Copper" or the "Company") reports that drilling at hole BS-4 has reached a depth of 1200 meters (4000 feet) on the Company's
- Big Sandy drillhole BS-4 wedging through casing at 1200 meters following drilling challenges.
- BS-4 targets porphyry bedrock at 1280 meters (4200 feet).
- BS-4 collared 900 meters from BS-3, which cut 200 meters of chalcocite-bearing porphyry.
The Company continues to advance drillhole BS-4 at the Big Sandy porphyry. Hole BS-4 is following up on the previous drill hole, BS-3, which had an intersection of 200 meters of chalcocite-bearing porphyry (see June 7, 2022 news). BS-4 is being drilled approximately 900 meters from the previous BS-3 drill site. The hole is currently cased to a depth of 1200 meters (4000 feet), and efforts are underway to wedge through casing to test bedrock at an estimated depth of 1280 meters (4200 feet). Drilling challenges have slowed the progress of the hole. Gravel that has been drilled in the lower part of BS-4 contained scattered occurrences of native copper, sparse native silver, and angular chalcocite-bearing clasts. Once the BS-4 step-out test of the chalcocite blanket drilled in BS-3 is completed, the upper cased interval of BS-4 will be used to deflect additional penetrations of any chalcocite interval seen in BS-4.
About Bell Copper
Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of large copper deposits located in Arizona. Bell Copper is exploring its
Qualified Person
The technical content of this release has been reviewed and approved by Timothy Marsh, PhD, PEng., the Company's CEO and President. No mineral resource has yet been identified on the Big Sandy Project. There is no certainty that the present exploration effort will result in the identification of a mineral resource or that any mineral resource that might be discovered will prove to be economically recoverable.
On behalf of the Board of Directors of
Bell Copper Corporation
"Timothy Marsh"
Timothy Marsh, President, CEO & Director
For further information please contact the Company
Tel: 1 800 418 8250
Email: info@bellcopper.net
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation, including, but not limited to, the ability of Bell to identify a mineral resource at the Perseverance or Big Sandy Projects. There is no certainty that the present exploration effort will result in the identification of a mineral resource or that any mineral resource that might be discovered will prove to be economically recoverable. All statements included in this news release, other than statements of historical fact, are forward-looking statements. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Bell Copper operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/193642
FAQ
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What is the depth reached by the drilling at hole BS-4?
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What challenges has the drilling faced?