Majuba Hill Copper Corp (CSE:JUBA) said it has completed the third and final core hole in the 2022 deep core drilling program at its flagship Majuba Hill porphyry copper project in Pershing County, Nevada.
The company said hole MHB-29 was drilled to 3,607 feet (1,099 metres), and that the core is currently being sawn and sampled at the firm's warehouse. Both MHB-27 and MHB-28 were sawn and submitted to ALS USA for analysis, with all assay analyses expected to be complete within 10 to 12 weeks, according to Majuba Hill.
MHB-29 intersected granodiorite at 3,403 feet. Sulfide mineralization occurs as along veins and is disseminated throughout the core, the company added.
READ: Majuba Hill Copper finds promising copper values in mineral inventory estimate of its Nevada project
Buster Hunsaker, consulting geologist to Majuba Hill Copper, said: "The sulfides logged throughout the granodiorite included molybdenum, pyrite, pyrrhotite, and chalcopyrite.”
Hunsaker said the company expects high-grade copper mineralization to be adjacent or below this zone.
Majuba Hill Copper CEO David Greenway said: "The incredible depth of the mineralization is very encouraging as we begin to plan for additional drilling on the Majuba Target and the four other primary target zones."
Soil and rock chip samples were transported directly to Elko or Reno, Nevada, according to Majuba Hill Copper, and then all samples were analyzed for copper, gold, silver, and 33 other elements.
Majuba Hill Copper is engaged in the identification, review and acquisition of latter-stage copper and copper, silver and gold assets to service what the company said is "growing worldwide demand and lack of supply" for precious metals.
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