- Canadian Copper (CCI) has completed its 2022 trenching program at the Chester Project in New Brunswick’s Bathurst Mining Camp
- The company expects all assay results from this trenching program by February 2023 and will develop and permit high-priority regional targets based on any encouraging assays received that match favourable geology
- Starting in Q2 2023, the team will move ahead with a comprehensive budget and exploration strategy
- Canadian Copper Inc. (CCI) was down 11.11 per cent, trading at $0.08 per share as of noon ET
Canadian Copper (CCI) has completed its 2022 trenching program at the Chester Project in New Brunswick’s Bathurst Mining Camp.
The company expects all assay results from this trenching program by February 2023. It will develop and permit high-priority regional targets based on any encouraging assays received that match favourable geology.
Step-out targets will continue to be developed to extend known mineralization at the Stringer Zone, while targets that both increase the size and improve the spatial understanding of secondary commodities (zinc, lead, and silver) within the known Chester MRE, particularly in the East and Central Zones will also be developed. These commodities improve the economic viability of the Chester Project as they typically occur within four meters from surface.
Starting in Q2 2023, the team will move ahead with a comprehensive budget and exploration strategy.
Canadian Copper CEO, Simon Quick stated that all personnel and trenching equipment have been safely demobilized from the Chester Project.
“To date, we’ve collected nearly 300 samples with more than 4000 meters of trenching completed this year. The weather cooperated this season at the site and resulted in an additional 1000 meters more trenching than originally scheduled for this program. This new field information will be integral in our 2023 exploration planning efforts which will be designed to test several regional targets at the Chester Property, in addition to near-deposit expansion opportunities.”
Open Pit Mineral Resource Estimate at a cut-off of 0.5 per cent copper
| Classification | Tonnes | Grade (per cent Cu) | Copper (lbs) | Copper (kgs) |
| Indicated | 4,866,000 | 1.127 | 120,285,000 | 54,560,000 |
| Inferred | 1,819,000 | 1.014 | 38,356,000 | 17,398,000 |
Canadian Copper Inc. (CCI) is a mineral exploration company with a copper and base metals portfolio of historical resources and grassroots projects.
Canadian Copper Inc. (CCI) was down 11.11 per cent, trading at $0.08 per share as of noon ET.
