Purecore Metals Inc. press release
Drilling Program Commences on Snip North Gold - Copper Targets
CSE - Canadian National Stock Exchange ยท Canada
VICTORIA, Oct. 2 /CNW/ - Newcastle Minerals Ltd. (TSXV:NCM) is pleased to announce that drilling began today on Newcastle's Snip North property located in the Iskut River area of north-western British Columbia. The drilling program is designed to test the northeast and depth extensions of the Snip North copper-gold porphyry zone. A program of 6-7 drill holes totaling 1,200-1400 metres is planned.
Snip North
The Snip North property is located about 3 km north of the former producing Snip gold mine. Exploration drilling during 2006 defined a large, semi-continuous zone of porphyry copper-gold mineralization near the south-central part of the property that measures approximately 600 metres northeast by 250 metres northwest. The mineralization is hosted within altered Upper Triassic / Jurassic clastic sedimentary and andesitic volcanics. Silicified greywacke, quartz veins and veinlets, pyrite, chalcopyrite, minor epidote and magnetite define porphyry mineralization and alteration. This zone of mineralization has an apparent northeast-southwest trend and appears to be open to the northeast, and probably to depth. It may also be open southwest under the Iskut River.
The style, form, and type of mineralization are similar to the Bronson Slope porphyry copper-gold deposit located nearby in the Bronson Creek Valley some five kilometres to the south.
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed for technical accuracy by Mr. A. A. Burgoyne, P.Eng., M.Sc., of Burgoyne Geological Inc., who serves as the Qualified Person for the property under National Instrument 43-101.
ON BEHALF OF THE BOARD
Signed "Kevin C. Whelan"
Kevin C. Whelan, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.