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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (165902)6/16/2022 4:54:33 PM
From: LoneClone  Read Replies (1) of 192763
 
Fabled Book 6 Copper Occurrence reports up to 7.73% Copper in Chip Sampling

ca.finance.yahoo.com

Wed, June 15, 2022 at 4:30 a.m.·12 min read

VANCOUVER, BC / ACCESSWIRE / June 15, 2022 / Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL; FSE:XZ7) announces additional results of 2021 surface field work on its Muskwa Copper Project. See Figure 1 below.

Figure 1 - General Property Location



Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
The Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. See Figure 2 below.

Figure 2 - Location Map



Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
Peter Hawley, President, CEO reports; " The Bronson property comprises 4 mineral tenures covering approximately 2,524.6 hectares where the key objectives of the 2021 work program were to:

  • Carry out a field campaign consisting of reconnaissance prospecting across the Bronson claims.

  • Complete a focused program at the Book 6 vein target consisting of detailed sampling, Very Low Frequency Electromagnetic and ground magnetometer geophysical surveys and a UAV photogrammetry survey.

  • Conduct alteration mineral mapping and targeting using Visible Near Infrared (VNIR), Shortwave Infrared (SWIR) and Thermal Infrared (TIR) Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) multispectral satellite data." See Figure 3 below.

  • Figure 3 - Bronson Property, Book 6 Location



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    A total of 56 person days were spent on the property with 199 rock samples taken on 7 areas prospects which are the; Book 6, Book 9, B00k 10, 428 Central, 428 South, PJ105 and PJ100. See Figure 4 below.

    Figure 4 - Bronson Property, Area of 2021 Prospecting



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    We previously reported on the Book 6 property where an unmanned Aerial Vehicle (UAV) photogrammetry survey was conducted over the Book 6 vein target resulting in

  • Generate high resolution photogrammetry datasets for the vein target to better understand bedrock controls on copper mineralization.

  • Generate high resolution Digital Terrain Models (DTMs) to assist with 3D modelling of the targets.

  • Generate baseline imagery to record current state of surface disturbance at sites that will be actively explored in coming years.

  • The data generated was used for in-field targeting of visual copper occurrences on the color orthophoto due to the 3 cm resolution which led to field examination of the mineralization and the sampling of the Book 6 vein where a total of 113 samples were collect as a first pass evaluation. Press link here to view Bronson Property Book 6 Vein drone flight mission.

    The Book 6 veining is exposed striking southward along a relatively flat-lying valley at elevations of 1,988 to 1,912 meters. A total of 113 rock samples, 11 grab samples, (7 float samples and 95 chip samples), were collected along the exposed veining and in the surrounding areas. See Photo 1 below.

    Photo 1 - Bronson Property, Book Vein as Seen by Helicopter



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Two veins, labelled the Main & the West, were systematically chip sampled at various locations south along the veining. Each section was chained (measured) southward from sample D-723035 at the north end of the mineralized Main Vein. The section assays and averages are presented in Table 1 below.

    The Main Vein was chip sampled along 68 meters, at widths of 0.50 to 1.60 m. (sections 0 to 68 meters South). The Main Vein strikes 177 to 181 degrees through sheared sediments and dips steeply to the west. At its southern end where it is intruded by a northwesttrending dyke, the vein slightly bends to the east-southeast. Chalcopyrite concentrations of up 10% were observed in the samples, but generally the chalcopyrite content is around 1%. See Figures 5, 6 below.

    Figure 5 - Bronson Property, Book 6 - Northern Sample Locations and Copper Values



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Figure 6 - Bronson Property, Book 6 - Southern Sample Locations and Copper Values



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Twelve sections were chip sampled (D-723035-042 & 044-055) along 68 meters. Nine of the 12 sections averaged 0.13 to 0.47% Cu, across widths of 0.65 to 1.40 meters.

    Three sections averaged 2.10 to 6.40% Cu:

  • section 31S (samples D-723042 & 044) - 2.83% Cu across 0.70 meters;

  • section 55S (samples D-723052 & 053) - 2.10% Cu across 1.00 meter; and

  • section 68S (samples D-723054 & 055) - 6.36% Cu across 1.60 meters.

  • Four individual chip samples contained a Cu content of over 1%:

  • samples D-723042 & 044 along section 31S assaying 1.57 and 3.77 % Cu across 0.30 and 0.40 meters, respectively;

  • sample D723053 across 0.60 meters on section 55S assayed 3.44% Cu; and

  • sample D723054 collected across 1.10 meters on section 68S contained 7.73% Cu, See Photo 2 below.

  • Photo 2 - Bronson Property, Book 6 North Mineralized Vein



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    The mineralized West Vein is exposed at numerous locations along a length of approximately 400 meters. This vein strikes 175 to 183degrees and dips 85 degrees to the west, is 0.20 to 3.60 meters wide and contains up to 75% massive chalcopyrite & 2% bornite.Galena concentrations of < 1% to 20% were observed in three samples (D-723080, 092 & 116). In the north, the West Vein lies 2 to 10meters west of the Main Vein, and while the Main Vein appears to be cut-off by a northwest trending dyke. The West vein continues southward and is offset to the west at various locations where the dykes are exposed. Fifty-six chip samples (D-723057-069, 077-084,086-095, 097-100, 102-113 & 115-123) were collected across 34 sections from 31S to 411S, at elevations of 1912-1962 meters. See Photo 3 below.

    Photo 3 - Bronson Property, Book 6 North Mineralized Vein



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Of the 34 sections sampled, 13 sections, collected across widths of 0.20 to 4.70 meters, contained > 1% Cu.

    Table 1 - Bronson Property, Book 6 Copper Occurrence

    SAMPLENUMBERS

    NAD83E

    NAD83N

    ELEV.

    SECTION LOC.

    meters

    WIDTH

    meters

    CU

    %

    VEIN

    (for each section)

    (center)

    (center)


    (S. from D-723035)




    D-723035

    366156

    6449512

    1988

    0

    0.65

    0.41

    Main

    D-723036

    366156

    6449508

    1988

    4

    1.10

    0.15

    Main

    D-723037

    366155

    6449504

    1988

    8

    0.80

    0.13

    Main

    D-723038

    366155

    6449501

    1988

    11

    0.80

    0.37

    Main

    D-723039, 040

    366155

    6449492

    1988

    20

    1.50

    0.25

    Main

    D-723041

    366153

    6449486

    1988

    26

    1.00

    0.39

    Main

    D-723042, 044

    366155

    6449481

    1988

    31

    0.70

    2.83

    Main

    D-723045, 046, 051

    366154

    6449470

    1988

    42

    1.00

    0.33

    Main

    D7-23047

    366153

    6449467

    1988

    45

    0.90

    0.37

    Main

    D-723048, 049, 050

    366153

    6449463

    1988

    49

    1.40

    0.47

    Main

    D-723052, 053

    366153

    6449457

    1988

    55

    1.00

    2.10

    Main

    D-723054, 055

    366154

    6449444

    1988

    68

    1.60

    6.36

    Main

    D-723057

    366153

    6449481

    1988

    31

    0.40

    0.26

    West

    D-723058

    366153

    6449472

    1988

    40

    1.20

    0.06

    West

    D-723059

    366148

    6449463

    1988

    49

    0.50

    0.01

    West

    D-723060

    366147

    6449460

    1988

    52

    0.50

    0.00

    West

    D-723061, 062, 063

    366148

    6449454

    1988

    58

    2.20

    0.09

    West

    D-723064, 065

    366147

    6449448

    1988

    64

    1.30

    0.10

    West

    D-723066

    366147

    6449444

    1969

    68

    1.10

    0.01

    West

    D-723067, 068

    366142

    6449399

    1969

    113

    1.00

    2.31

    West

    D-723069, 077

    366133

    6449337

    1954

    175

    1.50

    0.49

    West

    D-723078, 079

    366134

    6449334

    1954

    178

    1.30

    1.03

    West

    D-723080

    366133

    6449323

    1954

    189

    1.00

    1.25

    West

    D-723081, 082

    366132

    6449317

    1954

    195

    1.20

    1.03

    West

    D-723083

    366130

    6449305

    1954

    207

    0.80

    0.20

    West

    D-723084

    366129

    6449298

    1954

    214

    0.50

    0.25

    West

    D-723086

    366128

    6449293

    1954

    219

    1.00

    0.35

    West

    D-723087

    366128

    6449283

    1954

    229

    0.80

    0.16

    West

    D-723088

    366127

    6449274

    1954

    238

    0.80

    0.15

    West

    D-723089,090

    366126

    6449268

    1954

    244

    2.40

    0.17

    West

    D-723091, 092

    366125

    6449255

    1954

    257

    1.30

    0.51

    West

    D-723093

    366124

    6449237

    1954

    275

    1.00

    0.40

    West

    D-723094

    366123

    6449229

    1954

    283

    0.90

    3.04

    West

    D-723095, 097

    366123

    6449220

    1954

    292

    0.90

    1.40

    West

    D-723098, 099

    366123

    6449217

    1954

    295

    0.80

    5.38

    West

    D-723100

    366124

    6449209

    1954

    303

    0.80

    0.68

    West

    D-723102

    366103

    6449190

    1917

    322

    0.20

    2.62

    West

    D-723103

    366103

    6449187

    1917

    325

    0.25

    4.18

    West

    D-723104, 105

    366102

    6449182

    1917

    330

    0.35

    0.12

    West

    D-723106, 107, 108

    366102

    6449182

    1917

    335

    1.00

    0.26

    West

    D-723109, 110

    366102

    6449177

    1917

    338

    0.65

    0.93

    West

    D-723111

    366100

    6449149

    1922

    363

    0.40

    3.19

    West

    D-723112

    366088

    6449109

    1912

    403

    1.50

    0.52

    West

    D-723113, 115, 116, 117

    366089

    6449105

    1912

    407

    4.70

    2.10

    West

    D-723118, 119, 120, 121

    366090

    6449103

    1912

    409

    2.30

    1.26

    West

    D-723122, 123

    366091

    6449101

    1912

    411

    2.30

    2.38

    West


    Sections of interest with Cu % / widths include, See Photo 4 below:

  • section 113S - 2.31% Cu/1.00 m.; section 178S - 1.03% Cu/1.30 m.;

  • section 189S - 1.25% Cu/1.00 m.; section 195S - 1.03% Cu/1.20 m.:

  • section 283S - 3.04% Cu/0.90 m.; section 292S - 1.40% Cu/0.9m.;

  • section 295S - 5.38% Cu/0.80 m.; section 322S - 2.62% Cu/0.20 m.;

  • section 325S - 4.18% Cu/0.25 m.; section 363S - 3.19% Cu/0.40 m.;

  • section 407S - 2.10% Cu/4.70 m.; section 409S - 1.26% Cu/2.30 m.;

  • section 411S - 2.38% Cu/2.30 m.

  • Photo 4 - Bronson Property, Book 6 North Mineralized Vein Sections of Interest



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Eighteen individual chip samples assayed higher than 1% Cu. Of the 56 chip samples taken, 7 (D-723062, 90,107,108,109,117 and 119)were collected from sheared sediments surrounding the vein. Samples D-723117 & 119, of sheared sediments, on sections 407S &409S, contained 0.43% Cu across 1.10 meter and 0.88% Cu across 0.50 meter, respectively.

    Lead and Zinc amounts of over 1% and silver amounts over 10 ppm (g/t) were observed in samples:

  • D-723080 - 1.20% Pb across 1.00 m.; D-723084 - 12.90 ppm Ag across 0.50 m.;

  • D-723092 - 7.33% Pb & 55.90 ppm Ag across 0.50 m.; D-723095 - 14 ppm Ag across 0.50 m.;

  • D-723098 - 1.46% Zn across 0.30 m.; D-723099 - 28.40 ppm Ag across 0.50 m.;

  • D-723116 - 1.50% Pb across 1.10 m.; D-723120 - 19.10 ppm Ag across 0.30 m.

  • Along strike, 30 to 90 meters north of the Main Vein and 30 to 150 meters south of the West Vein, non- mineralized exposures ofquartz-carbonate veining were prospected. In the north, 5 samples (D-723026-028 & 031-032) were collected and to the south 4 samples (D-723124-127) were taken. All these samples assayed < 0.02% Cu.

    An exposure of irregular shaped, mineralized (up to 10% chalcopyrite), quartz-carbonate veining was discovered at elevations of 1,871-1,873 meters, 270 meters southeast of the south end of the West Vein. The veining appears to be up to 3.60 meters in width. See Photo 5 below

    Photo 5 - Bronson Property, Book 6 West Mineralized Vein



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Nine chip samples (D-723128-128 & 131-137) were collected at various orientations, across 3 sections of veining and sediments. Sample D-723131 of vein across 0.80 meters, contained the highest Cu content of 5.42%. The remaining samples assayed < 0.36%Cu. A grab sample (D-723074) of veining was collected 30 meters to the north at an elevation of 1,874 meters. This sample, with 3%sulphides, had a copper assay result of 0.65%.

    North and northeast of the Main Vein, numerous, mainly northwest striking tension veins, were sampled. The veins are not mineralized and the 8 samples collected (D-723019-025 & 030 assayed low in Cu, <0.036%. A south trending quartz vein, 350 meters east-northeast of the Main Vein, was grab sampled (D-323029) and contained a low Cu assay of 0.002%.

    Mineralized (1% chalcopyrite) float sample (D-723035) collected in a creek, at the south end of the Main Vein assayed 2.45% Copper.

    All samples taken were photographic and GPS location taken plus a metal sample tag left in place for future reference if required. All this data plus the assay results were geotagged and placed in a .kml /.kmz file for use such as google earth for easy reference. See Photo 6 below.

    Photo 6 - Bronson Property, Book 6 Geotagged data



    Fabled Copper Corp., Wednesday, June 15, 2022, Press release picture
    Going Forwards

    Additional releases on the geophysics and structural interpretation results of the Bronson Property, Book 6 copper occurrence will be forth coming in the following weeks.

    QA QC Procedure

    Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

    Over Limit Methods

    For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

    Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

    Ag-GRA21 Ag by fire assay and gravimetric finish.

    Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

    About Fabled Copper Corp.

    Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

    Mr. Peter J. Hawley, President and C.E.O.
    Fabled Copper Corp.
    Phone: (819) 316-0919
    peter@fabledcopper.org

    For further information please contact:

    info@fabledcopper.org

    The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

    Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

    Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

    SOURCE: Fabled Copper Corp.

    View source version on accesswire.com:
    accesswire.com

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