CopperCorp Provides Summer Field Program Update at Razorback
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) has announced updates on exploration activities at its 100% owned Razorback Copper-Gold-REE property in western Tasmania, Australia. The company is initiating detailed ground gravity surveys in mid-February 2025, focusing on the Jukes, Hydes, South Darwin, and Linda target areas.
The company has received permitting approvals for gridding and IP surveys at Jukes and Hydes. Historical data shows significant IP chargeability anomalies at Jukes extending over +700m strike length. The planned pole-dipole IP surveys will provide imaging to depths of 300-400m below surface.
Extensive surface rock sampling programs are ongoing, with over 200 samples collected since January 2025. The exploration targets show similarities to the nearby Mt Lyell Cu-Au system, which contains 3Mt of copper at 1% Cu and 3Moz of gold at 0.3g/t Au.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) ha annunciato aggiornamenti sulle attività di esplorazione presso la sua proprietà Razorback Copper-Gold-REE, interamente posseduta, situata nella Tasmania occidentale, Australia. L'azienda inizierà indagini gravimetriche dettagliate a terra a metà febbraio 2025, concentrandosi sulle aree target di Jukes, Hydes, South Darwin e Linda.
L'azienda ha ricevuto le approvazioni per i permessi necessari per la creazione delle griglie e le indagini IP a Jukes e Hydes. I dati storici mostrano anomalie significative di carica IP a Jukes che si estendono per oltre 700 m di lunghezza. Le indagini IP pianificate in modalità pole-dipole forniranno immagini a una profondità di 300-400 m sotto la superficie.
Sono attualmente in corso programmi estesi di campionamento di rocce superficial i, con oltre 200 campioni raccolti da gennaio 2025. Gli obiettivi di esplorazione mostrano similitudini con il vicino sistema Cu-Au di Mt Lyell, che contiene 3Mt di rame al 1% Cu e 3Moz d'oro a 0,3g/t Au.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) ha anunciado actualizaciones sobre las actividades de exploración en su propiedad Razorback Copper-Gold-REE de propiedad total, ubicada en el oeste de Tasmania, Australia. La empresa iniciará encuestas detalladas de gravedad terrestre a mediados de febrero de 2025, centrándose en las áreas objetivo de Jukes, Hydes, South Darwin y Linda.
La empresa ha recibido aprobaciones de permisos para la creación de cuadrículas y encuestas IP en Jukes y Hydes. Los datos históricos muestran anomalías significativas de capacidad de carga IP en Jukes que se extienden por más de 700 m de longitud. Las encuestas IP planificadas en modo pole-dipole proporcionarán imágenes a profundidades de 300-400 m por debajo de la superficie.
Se están llevando a cabo programas extensos de muestreo de roca superficial, con más de 200 muestras recolectadas desde enero de 2025. Los objetivos de exploración muestran similitudes con el cercano sistema Cu-Au de Mt Lyell, que contiene 3Mt de cobre al 1% Cu y 3Moz de oro a 0,3g/t Au.
포퍼코프 리소스 (TSXV: CPER) (OTCQB: CPCPF)는 호주 타즈매니아 서부에 위치한 100% 소유의 레이저백 구리-금-희토류(Razorback Copper-Gold-REE) 자산에서 탐사 활동에 대한 업데이트를 발표했습니다. 회사는 2025년 2월 중순에 Jukes, Hydes, South Darwin 및 Linda 목표 지역을 중심으로 상세한 지중 중력 조사를 시작할 예정입니다.
회사는 Jukes 및 Hydes에서 격자 생성 및 IP 조사를 위한 허가 승인을 받았습니다. 역사적 데이터는 Jukes에서 700m 이상의 길이로 확장된 상당한 IP 전하 능력 이상 현상을 보여줍니다. 계획된 폴-디폴 IP 조사는 지표 아래 300-400m 깊이까지 이미지를 제공합니다.
현재 2025년 1월부터 200개 이상의 샘플이 수집되는 포괄적인 표면 암석 샘플 프로그램을 진행 중입니다. 탐사 목표는 근처의 Mt Lyell Cu-Au 시스템과 유사성을 보이며, 이 시스템은 1% Cu의 구리 3Mt 및 0.3g/t Au의 금 3Moz를 포함하고 있습니다.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) a annoncé des mises à jour concernant les activités d'exploration sur sa propriété Razorback Copper-Gold-REE, entièrement détenue, située dans l'ouest de la Tasmanie, en Australie. La société va commencer des enquêtes gravimétriques détaillées sur le terrain à la mi-février 2025, en se concentrant sur les zones cibles de Jukes, Hydes, South Darwin et Linda.
La société a obtenu des approbations de permis pour la création de grilles et des enquêtes IP à Jukes et Hydes. Les données historiques montrent des anomalies de capacité de charge IP significatives à Jukes s'étendant sur plus de 700 m de longueur. Les enquêtes IP prévues en mode pole-dipole fourniront des images jusqu'à des profondeurs de 300 à 400 m sous la surface.
Des programmes extenses de prélèvement d'échantillons de roche à la surface sont en cours, avec plus de 200 échantillons collectés depuis janvier 2025. Les cibles d'exploration montrent des similitudes avec le système Cu-Au de Mt Lyell à proximité, qui contient 3Mt de cuivre à 1% Cu et 3Moz d'or à 0,3g/t Au.
CopperCorp Resources (TSXV: CPER) (OTCQB: CPCPF) hat Updates zu den Explorationsaktivitäten in seinem 100% im Besitz befindlichen Razorback Copper-Gold-REE-Projekt im Westen von Tasmanien, Australien, bekannt gegeben. Das Unternehmen wird Mitte Februar 2025 detaillierte Boden-Gravitationsuntersuchungen durchführen, die sich auf die Zielgebiete Jukes, Hydes, South Darwin und Linda konzentrieren.
Das Unternehmen hat Genehmigungen für das Einrichten von Gitter und IP-Untersuchungen in Jukes und Hydes erhalten. Historische Daten zeigen signifikante IP-Ladungsanomalien in Jukes, die sich über mehr als 700 m erstrecken. Die geplanten Pole-Dipole-IP-Untersuchungen werden Bilder in Tiefen von 300-400 m unter der Oberfläche liefern.
Umfangreiche Programme zur Oberflächengesteinsprobenentnahme sind im Gange, wobei seit Januar 2025 über 200 Proben gesammelt wurden. Die Explorationsziele zeigen Ähnlichkeiten mit dem nahegelegenen Cu-Au-System von Mt Lyell, das 3Mt Kupfer mit 1% Cu und 3Moz Gold mit 0,3g/t Au enthält.
- Received permitting approvals for IP surveys at key exploration targets
- Historical data shows significant IP chargeability anomalies over +700m strike length at Jukes
- Property shows similarities to nearby Mt Lyell Cu-Au system (3Mt Cu, 3Moz Au)
- Extensive sampling program with over 200 samples collected since January 2025
- None.
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") is pleased to provide an update on its ongoing exploration activities at the Company's
Highlights
Gravity survey - Detailed ground gravity surveys scheduled to commence during mid-February.
Induced Polarization survey - Permitting approvals received for gridding and IP surveys at Jukes and Hydes.
Rock sampling - Extensive surface rock sampling programs at Jukes, Hydes and other locations within the Razorback license is ongoing.
Sean Westbrook, Vice President of exploration, commented:
"The planned geophysical surveys at Razorback will provide important additional data towards enhancing the definition of mineralization targets and future drill hole planning at the highly prospective Razorback copper-gold targets.
Higher resolution gravity data will enable us to confirm and more accurately define prospective gravity anomalies such as at Jukes and Hydes where overlapping magnetic and gravity anomalies indicate compelling IOCG type targets1.
Planned gradient array and pole-dipole IP surveys will seek to delineate sulphide-rich alteration and mineralization in 2D and 3D and thereby significantly enhance our ability to identify priority targets for future drill testing. Historical gradient IP survey data over Jukes indicates a strong IP chargeability response extending over a +700m strike length associated with anomalous geochemistry and mineralization at surface2. Drilling at Jukes is currently limited to the extreme southern end of the IP chargeability anomaly2, while the prospective Hydes target remains untested by drilling.
Further impetus to carry out these geophysical surveys is provided by the nearby Mt Lyell Cu-Au system located 10km north of Jukes. Copper-gold mineralization is known to be associated with strong IP chargeability anomalies, and the larger Cu-Au orebodies are associated with gravity anomalies1."
Ground Gravity Surveys
Ground gravity surveys planned for the Jukes, Hydes, South Darwin and Linda priority target areas are scheduled to commence during mid-February 2025. Geophysical contractors Fender Geophysics have been engaged to carry out the surveys.
As previously announced1, both the Jukes and Hydes target zones contain highly prospective overlapping magnetic and gravity features characteristic of IOCG type deposits. Recent drilling at the Jukes prospect confirmed significant Cu-Au mineralization associated with chlorite-magnetite alteration flanking the core of the magnetic pipe feature at Jukes. Similarities are also recognised with the Mt Lyell Cu-Au system (3Mt contained copper at
Induced Polarization Surveys
Exploration work program approvals for gridding and ground exploration surveys, including Induced Polarisation (IP) geophysical surveys have been obtained for the Jukes and Hydes target zone areas. The approvals, obtained in January and early February 2025, allow for track and grid line line-cutting at both prospects to assist with access for ground survey crews and equipment. Track cutting crews and IP contractors are currently being sourced with the timing for IP surveys tentatively scheduled for April 2025.
As previously reported2, a recent review of historical geochemical and geophysical survey data from the Jukes prospect area identified significant IP chargeability anomalies broadly coincident with anomalous magnetics (magnetite alteration), surface geochemistry and historical mine workings over the prospect area. Two large zones of anomalous chargeability (>20mv/v) have been identified through reprocessing of data from a historical Scintrex gradient array IP survey carried out in 19822.
CopperCorp's planned IP survey program at Jukes will employ pole-dipole arrays to provide vertical profile chargeability and resistivity imaging to depths of 300-400m below surface. The pole-dipole IP survey at Jukes will be carried out over zones of anomalous chargeability identified from the 1982 gradient array IP survey and may also be extended to test over anomalous gravity features that currently have no IP survey coverage.
At Hydes, both gradient array and pole-dipole array IP surveys are planned to cover the large coincident magnetic and gravity features. The gradient array will act as a reconnaissance style survey to identify anomalous chargeability zones for follow-up with pole-dipole survey to provide depth profile data and imaging to assist with drill hole targeting.
Rock Sampling and Ongoing Exploration
The exploration team has continued its focus at the Jukes prospect with surface outcrop channel sampling. To date over 200 samples have been taken since exploration operations started in January 2025. The Company looks forward to reporting results from these programs in the coming weeks.
Figure 1. Southern Skyline Project properties and exploration target areas with magnetic pseudocolour of magnetic intensity reduced to the pole (TMI RTP)4.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/239696_82a52b4b742bdaf5_002full.jpg
Figure 2. Location of the Razorback property and the Jukes Zone target area relative to the Mt Lyell copper-gold mine. Light blue outlines are CopperCorp's
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8950/239696_82a52b4b742bdaf5_003full.jpg
About CopperCorp
CopperCorp is focused on the exploration and development of its Skyline, AMC, and Whisky Creek copper-gold-REE projects in western Tasmania. The company is well-financed with approximately C
Qualified Person & National Instrument 43-101 Disclosure
The Company's disclosure of technical or scientific information in this news release has been reviewed and approved by Sean Westbrook, VP Exploration for the Company. Mr. Westbrook is a Qualified Person (QP) as defined in National Instrument 43-101.
This news release contains information about adjacent properties on which the Company does not have an interest. The QP has been unable to verify the information on these adjacent properties and the information is not necessarily indicative to the mineralization on the properties that is the subject of this news release.
References
1CPER: TSXV News Release 26th August 2024
2CPER: TSXV News Release 19th December 2024
3CPER: TSXV Interim MDA for the Period Ended September 30 2024, 27th November 2024
4CPER: TMI interpretation - Cooler colours indicate lower magnetic intensity values and warmer colours represent higher values
CPER: TSXV News Release 16th December 2024
CPER: TSXV News Release 18th November 2024
CPER: TSXV News Release 15th October 2024
CPER: TSXV News Release 25th September 2024
CPER: TSXV News Release 11th September 2024
CPER: TSXV News Release 13th May 2024
Adjacent Property (Mt Lyell) Information Sources:
Sibanye-Stillwater company website information as of May 12th 2024
New Century Resources: ASX Announcement 23rd January 2023
New Century Resources: ASX Announcement 27th October 2021
Seymour, D.B., Green, G.R., and Calver, C.R. 2007. The Geology and Mineral Resource of Tasmania: a summary. Geological Survey Bulletin 72. Mineral Resources Tasmania, Department of Infrastructure, Energy and Resources Tasmania
Contact:
Stephen Swatton
President, CEO & Director
stephen@coppercorpinc.com
Additional information about CopperCorp can be found on its website: www.coppercorpinc.com and at www.sedarplus.ca.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation relating the Company's expectations and plans regarding the Skyline Project, Razorback property and Jukes prospect in Tasmania; plans for future exploration and drilling at the Jukes prospect and the timing of same; the merits of the Company's mineral projects and other plans of the Company. Forward-Looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "encouraging", "expects", "plans", "anticipates", "believes", "interpret", "intends", "estimates", "projects", "aims", "suggests", "often", "target", "future", "likely", "pending", "potential", "goal", "objective", "prospective", "possibly", "preliminary" and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or other statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and that such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Factors that could cause future results to differ materially from those anticipated in forward-looking statements include risks associated the timing and outcome of the planned exploration work programs; that the Company may experience difficulties in exploration and carrying out related work; the timing and content of upcoming work programs; geological interpretations based on drilling that may change with more detailed information; possible accidents; the possibility that the Company may not be able to secure permitting and other governmental approvals necessary to carry out the Company's plans; the risk that the Company will not be able to raise sufficient funds to carry out its business plans; the possibility that future exploration results will not be consistent with the Company's expectations; increases in costs; environmental compliance and changes in environmental and other local legislation and regulation; interest rate other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors and exchange rate fluctuations; changes in economic and political conditions; and other risks involved in the mineral exploration industry. The reader is urged to refer to the Company's Management's Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of risk factors and their potential effects.
Forward-Looking statements are based on a number of assumptions, including management's assumptions about the following: the availability of financing for the Company's exploration activities; operating and exploration costs; the Company's ability to attract and retain skilled staff; timing of the receipt of necessary regulatory and governmental approvals; market competition; and general business and economic conditions. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239696
FAQ
What are the main exploration targets for CPCPF's Razorback property in 2025?
How extensive is the IP chargeability anomaly discovered at CPCPF's Jukes prospect?
What is the depth capability of CPCPF's planned pole-dipole IP surveys at Razorback?
How does CPCPF's Razorback property compare to the nearby Mt Lyell system?
