Cascade Copper Discovers Significant Mineralization at Copper Plateau Project
Calgary, Alberta -- January 11, 2024 -- NewsGenie -- Cascade Copper Corp. has announced promising results from its reconnaissance sampling and hyperspectral program at the Copper Plateau Porphyry project in British Columbia. The findings indicate a well-mineralized system enriched with copper, gold, silver, and molybdenum, characteristic of a porphyry deposit.
Shannon Baird, VP of Exploration, expressed enthusiasm about the confirmation of a mineralized porphyry system, noting exceptional results from exposed outcrops. The company plans to drill the project in 2024.
The Copper Plateau project, located between Penticton and Princeton, is near the former Brenda Copper Mine and within the Quesnel Terrane, which also hosts the Copper Mountain and Highland Valley Copper mines.
The 2023 program included mapping, sampling, and hyperspectral analysis. Highlights include sample A0284675, a quartz vein with high concentrations of chalcopyrite, chalcocite, and molybdenum, yielding 11.35% Cu, 1.55 g/t Au, 129 g/t Ag, and 0.17% Mo.
Hyperspectral analysis and field observations revealed a defined alteration zonation, with a potassic central area and argillic, propylitic, and smectite alteration halos.
Sample A0284675 returned 11.35% Cu, 1.55 g/t Au, 129 g/t Ag, and 0.17% Mo
The Copper Plateau granitoid is a multiphased granite to granodiorite intrusive within a potassium feldspar megacrystic granite, featuring variations in biotite, hornblende, and magnetite content.
Zonation Map of Alteration Types at the Copper Plateau Project
These results support further exploration to test the extents of subsurface mineralization. Cascade Copper plans to re-log and conduct hyperspectral analysis of historic core samples and undertake a preliminary drill program in 2024.
Rock samples were analyzed by ALS Canada Ltd. using fire assay fusion and ICP-MS methods. Shannon Baird, P.Geo, is the Qualified Person for the technical content of the release.