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Tuesday, February 7, 2023

Nw: Libero Copper & Gold drills 0.24% copper over 100.5 metres at Sizable Crimson, British Columbia

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Libero Copper & Gold Corp.reported results from the summer 2022 drill program at the Sizable Crimson challenge positioned 70 km north-northwest of the Galore Creek deposit in the Golden Triangle of northwestern British Columbia, Canada.

A total of 4 drill holes were completed (2,790 metres) all the map in which by the 2022 self-discipline season. Three holes examined syenite porphyry intrusion targets to the east of the Terry porphyry copper-gold discovery in an build aside with an elevated potassic response (radiometric data) and coincidental flooring rock samples which bear elevated copper mineralization.

Hole BR-22-043, drilled at the Terry porphyry discovery build aside intersected 0.24% copper and nil.03 g/t gold over 100.5 metres (from 7.5 to 108.0 metres). This hole efficiently examined the down dip extension of the porphyry copper-gold mineralization intersected in drill hole BR-21-028 which returned 0.26% copper and nil.06 g/t gold over 118.7 metres (from 8.3 to 127.0 metres).

“We are chuffed that we efficiently intersected the extension of the Terry porphyry mineralization in hole BR-22-043. We would possibly per chance well be analysing the total self-discipline data in preparation for the 2023 self-discipline season,” acknowledged Ian Harris, CEO.

Besides to to drilling in the Terry build aside, reconnaissance self-discipline examinations were performed on the major mineral occurrences on the property. A total of 614 flooring rock samples were tranquil and assayed. Assays verify the earlier historic sampling results from these areas with mineralized samples containing up to 10 g/t Au. Additional practice-up fieldwork will seemingly be completed all the map in which by the 2023 self-discipline program for the Poker, Windy, TGR north, Ridge and West targets to title the source and scale of the mineralization in these areas.

Sizable Crimson is a 26,000-hectare district scale land bundle with every copper and gold targets, boulevard secure admission to, and an airstrip. Sizable Crimson is found 45 km southwest of Telegraph Creek alongside the Barrington Boulevard, 70 km north of Galore Creek, and 70 km northwest of Schaft Creek in the Golden Triangle.

At Sizable Crimson, the Terry porphyry copper target is peripheral to a positive mountainous magnetic-high aim over the Limpoke Pluton that coincides with a radiometric potassium anomaly, magnetic low, conductivity high, copper, gold, silver and molybdenum anomalies and a mapped Jurassic typical porphyry intrusion. The discovery hole drilled in Terry in October 2020 (BR-20-23) returned 120 metres grading 0.34% copper, 2.47 g/t silver, 0.06 g/t gold, including 0.41% copper, 2.93 g/t silver and nil.07 g/t gold over 70.1 metres and including 1.02% Cu, 7.23 g/t Ag, 0.11 g/t Au over 12.2 metres. The discovery is found correct 8 km from boulevard secure admission to at an elevation of 700 metres with rather low snowfall.

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