by –News Direct–
MTB Minerals CEO Lawrence Roulston joined Steve Darling from Proactive to share exciting updates regarding the ongoing drilling activities at the Telegraph copper-gold project in British Columbia's Golden Triangle.
Roulston announced that the drilling has yielded evidence of porphyry-style alteration and mineralization in all three of the drill holes on the project. These widely spaced holes confirm the potential for an extensive mineralized porphyry system in the area. Importantly, the latest hole, which is the third drilled and located 700 meters southeast of the first hole, has intersected potassic alteration and copper mineralization with many similarities to the initial hole.
Drilling is still in progress, and copper mineralization remains visible at the 500-meter mark. Notably, holes 1 and 3 have traced porphyry-style copper mineralization for a continuous strike length of 700 meters.
The drilling project is proceeding according to schedule and is expected to continue through October.
MTB Minerals is utilizing Induced Polarization (IP) geophysical surveys as a valuable tool for targeting on the property. To further enhance exploration efforts, the company has initiated an additional IP survey to fill the gap between two previous IP surveys, with this work scheduled for October.
The area of interest has a high concentration of copper-rich soils, which could rapidly become drill targets for the upcoming season.
These developments showcase the promising potential of the Telegraph copper-gold project and highlight MTB Minerals' commitment to thorough exploration and resource discovery. The company's ongoing efforts are aimed at uncovering the full extent of mineralization in this area of significant interest in British Columbia's Golden Triangle.
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Proactive Investors
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View source version on newsdirect.com: https://newsdirect.com/news/mtb-metals-announces-first-three-drill-holes-on-telegraph-project-intersect-copper-mineralization-over-700-metres-299837301
MTB Metals
COMTEX_441154302/2655/2023-09-28T14:28:38
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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