Copper Fox Provides Update on Sombrero Butte Copper Project
DDH SB-03 was drilled to the northeast towards the chargeability anomaly referred to as target #1 on the Sombrero Butte project. This drillhole intersected intervals of strong to moderate chalcopyrite +/- bornite in veins and veinlets in the Copper Creek granodiorite commonly associated with pervasive K-feldspar flooding in the core interval from 492 to 578 meters ("m"). Of interest is the absence of pyrite and molybdenite in this drillhole. The interval from 492 to 578 m returned a weighted average of 1,414 parts per million ("ppm") (0.14%) copper and 30 ppm molybdenum over the 86 m core interval with individual sample intervals up to 0.64% copper and 190 ppm molybdenum. DDH SB-23 was a vertical hole drilled to a depth of 1230.7 m. The interval from 524 to 1230.7 m (end of the hole) intersected the Copper Creek granodiorite and was not sampled despite the presence of intervals of disseminated and stockwork veinlets of quartz + K-feldspar + chalcopyrite +/- bornite and pyrite. Molybdenite was observed to occur along fractures within this interval. Mapping the changes in mineral species from dominantly copper sulphides (chalcopyrite +/-bornite +/- pyrite) to primarily iron sulphides (pyrite +/- chalcopyrite +/- bornite) could be used as a vector to the copper shell of the porphyry system.