Commodore Metals Corp. press release
Copper Reef Outlines Large New Gold Zone at Kississing
CSE - Canadian National Stock Exchange · Gold · Arsenic · Copper · Nickel · Cobalt · Platinum · Palladium · Canada
(via Thenewswire.ca)
Copper Reef Mining Corporation is pleased to announce that it has outlined a large gold zone on its Kississing
Lake Property in the Sheridan base metal camp of Northern Manitoba. The gold mineralization has been traced by prospecting for approximately 2 km and appears to flank an airborne electromagnetic (EM) anomaly of the same length. This 2 km airborne EM anomaly, which has never been tested by drilling, lies immediately north of the Kississing Lake Gold mineralization. The gold mineralization is hosted by a rusty silicified rock which is possibly felsic volcanic tuffs or sedimentary rocks. The mineralized strata where exposed appears to be at least 80 m wide where it dips beneath the lake towards a flanking parallel conductor. Values range from 1.13 to 10.39 g/t gold at the main showing where exposure is good. Along a poorly exposed conductive trend 2 km to the east, values up to 0.5 g/t gold have been taken from rusty strata similar to the main showing. An additional 60 rock samples including new trenches found to west have been sent to be assayed. There is no record of these trenches. Massive sulphides with minor copper mineralization associated with VMS style alteration was observed in old trenches to the north along a separate conductor axis. This separate northern airborne EM conductor was only tested by one drill hole by Selco along its entire extent, which had a strike length of 2.5 km. Samples from this horizon are also in for assay.
The Kississing Gold Zone lies to the North of Copper Reef's "Ideal" base metal prospect, located within the same property, where trench samples by Callinan Flin Flon Mines reported results of:
-2.7% copper, 6.8gms/t gold over 2.04 metres
-19.0 % Zinc, 0.8% copper, 120 g/t gold over 0.8 m
-4.7% Zinc , 0.9% copper over 3.81 metres and
-7.4% Zinc, 1.3% Copper over 2.40 metres.
The Ideal mineralization is hosted by rusty felsic rocks very similar to the Kississing Gold Zone. The high gold grades from the Ideal massive sulphide zone suggests that the gold from the Kississing Gold Zone, which lies to the north, may be related to a yet to be discovered stratabound volcanogenic massive sulphide horizon represented by the 2 km long flanking undrilled airborne EM conductor.
Copper Reef is planning a drill program to test this wide zone of gold mineralization as well as the flanking 2km long airborne conductor. The Company has also acquired additional claims in the area currently totaling over 1600 hectares.
ABOUT COPPER REEF MINING CORPORATION
The Corporation is a Canadian junior mineral exploration company with a specific focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan, Canada. All of the Company's properties are currently at the exploration stage. The Company does not have any long-term debt, has assembled a portfolio of base metal and precious metal prospects, including strategic locations in the Provinces of Manitoba and Saskatchewan and has the funds to explore them.
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.
We seek Safe Harbor.
Copper Reef Mining Corporation
"signed"
Stephen L. Masson M.Sc. P.Geo.
President CEO
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