- Big Red Mining (RED) has expanded the Dobie Lake Copper Property by approximately 520 hectares with the addition of the Copper Prince Property
- The Copper Prince Property contains two former copper producers – the Prince Mine and the Gerrelts Adit
- Historical drilling returned copper values ranging from 1.0 per cent to 4.8 per cent over core lengths of 2.5m to 14.5m
- Both areas also have trenching, drilling, and sampling from past work and have returned high-grade copper results from past work
- Bid Red is focused on discovering metals required for the clean energy revolution
- Big Red Mining Corp. is unchanged at $0.085 per share at 09:34 ET
Big Red Mining (RED) has expanded the Dobie Lake Copper Property with the addition of the Copper Prince Property to the south.
The Copper Prince Property contains two former copper producers – the Prince Mine and the Gerrelts Adit.
Historical drilling returned copper values ranging from 1.0 per cent to 4.8 per cent over core lengths of 2.5m to 14.5m.
The Prince Mine contains an adit at least 200-metre long which follows a zone of mineralized quartz veins in an east-west direction. At the same time, the Garrelts Adit appears to intersect a wide zone of multiple quartz veins and breccia containing copper mineralization.
Both areas also have trenching, drilling, and sampling from past work and have returned high-grade copper results from past work.
A ground geophysics program is planned to trace the extent of the mineralized copper systems identified in the two adits.
“We are very pleased with the amount of copper our Algoma project continues to reveal,” said Jag Sandhu, President of Big Red.
“The Copper Prince Property is a welcome addition to our plans, and we are confident it will yield significant copper results,” he added.
Bid Red is focused on discovering metals required for the clean energy revolution. Big Red holds an option to acquire a 100 per cent interest in the Dobie Lake Copper Project in Ontario.
Big Red Mining Corp. is unchanged at $0.085 per share at 09:34 ET.