- Alpha Copper (ALCU) has completed a 2,000 m confirmation drill program at its Okeover Project in B.C.
- The project is located about 20 km north of Powell River within the traditional territory of the Sliammon First Nation
- Based on encouraging visual mineralization and correlation in the old drill logs, the company felt the program was an early-stage success
- Alpha Copper Corp. is focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions
- Alpha Copper (ALCU) was down 2.17 per cent, trading at $0.225 per share
Alpha Copper (ALCU) has completed a 2,000 m drill program at its Okeover Project in B.C.
The project is located about 20 km north of Powell River within the traditional territory of the Sliammon First Nation.
The company took a confirmation-based approach at Okeover to verify existing mineralization in the North Lake Zone.
The field work associated with the program was led by Indata Geoscience, while the drill campaign was executed by Superior Diamond Drilling.
The drilling focused on the North Lake Zone, an area of historic drilling that previously defined an envelope of mineralization approximately 250 x 350 m in aerial extent and up to 150 m in depth.
The 2022 drill program confirmed an open-ended aerial extent of low-grade porphyry-style mineralization (250 x 350 m) and extended known mineralized rocks to at least 530 m in depth (OK-22-04).
The key objective of the program was to confirm known mineralization and test deeper extensions of the hydrothermal system with the goal of a new discovery.
Based on encouraging visual mineralization and correlation in the old drill logs, the company felt the program was a success in the early stages.
Hole 4 encountered a new mineralized system at a depth of 330 m with strong alteration and dense vein structures that appear to host copper and molybdenum mineralization, which, if mineralized, would open a new deeper extension of the historical resource estimate.
The company has submitted assay samples to ALS in North Vancouver and will report the data once all assay results are received.
Alpha Copper Corp. is focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions.
Alpha Copper (ALCU) was down 2.17 per cent, trading at $0.225 per share at 11:55 am ET.