Majuba Hill Copper Corp (CSE:JUBA) has revealed that core drilling is underway at its flagship Majuba Hill porphyry copper, silver, and gold project, 156 miles outside Reno, Nevada.
The Vancouver-based company said that Falcon Drilling is onsite at its property in Pershing County to drill 3,800 meters (12,500 feet) of core. The planned, deep core holes are targeting what the company believes is the causative granodiorite/dacite intrusive for copper mineralization which was discovered in the 2021 deep core holes.
The firm said deep core sites were picked based on compilation and integration of recent drilling by Majuba combined with the deep Induced Polarization/Resistivity and Magnetic geophysical programs completed in 2020 and 2021.
Majuba Hill noted that interpretation of the results outlined “a very large zone that underlies most of the known copper, silver, and gold mineralization” at Majuba. Evaluation of molybdenum, lead, and zinc geochemical results support and enhance the location of the deep intrusive zone.
In a statement, Majuba Hill CEO David Greenway said: “I am very pleased that we are now drilling the deep core holes at Majuba. Drilling at Majuba has always been based on a systematic, staged exploration approach and it is exciting that the results have guided us to test such a large target with the potential to expand the mineralization into a large copper deposit in a very safe political jurisdiction like Nevada.”
Majuba Hill is focused on the identification, review and acquisition of latter stage copper and copper/silver/gold assets.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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