Proactive Investors - QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF) announced that it has completed an initial four-hole drill program at the Cooke and Robitaille mines corridor adjacent to the Opemiska copper complex in Quebec which showed “Opemiska style” mineralization along the Cooke-Robitaille corridor, confirming the project's resource expansion potential.
The company said the visual results from this drill program, which targeted step-out areas of interest that could contain new resources with sufficient widths for open-pit mining, have confirmed significant widths of mineralization.
It noted that while assay results were pending, based on its experience in the district defining open-put type material these results were “encouraging.”
“QC Copper is just starting to evaluate and define near-surface resources beyond what is currently in our open pit,” QC Copper and Gold director and vice president exploration Charles Beaudry said in a statement.
“Over the past few years, our focus has been almost exclusively on delineating the current open pit. Now, we can pivot towards new growth as we have always seen significant resource expansion possibilities beyond our open pit.”
He said this included the well-understood Cooke and Robitaille Mines and many other targets along the 15-kilometer stretch of the Gwillim Fault on the company's 25,000-hectare property, where very little drilling has been carried out to date.
“The Chapais-Chibgouamau district has traditionally been mined underground, however, QC Copper's results on our open pit demonstrate the opportunity for further reinterpretation, growth, and discovery," Beaudry said.
QC Copper and Gold is focused on acquiring and developing copper projects in the Chibougamau region that share synergies with its past-producing Opemiska Copper Mine Complex.