- Big Red Mining Corp. (RED) has expanded its Dobie Lake Copper Property
- The property, located 100 km from Sault Ste Marie, Ontario, includes claims to the east and west of the Dobie Lake Copper Property
- The property to the west includes the western extension of the Alpha vein and covers the former producing Jentina mine property
- The claims to the east of Dobie Lake Copper cover an area known as the “Southeast Trench” which has yielded massive chalcopyrite veins
- The Alpha Vein on Big Red’s property is projected to extend to the Southeast Trench area giving a strike length of over 1.5 km
- Shares of Big Red Mining Corp. (RED) are trading at C$0.13 per share at 11:30 am EST
Big Red Mining Corp. (RED) has expanded its Dobie Lake Copper Property to the east and west.
The property, located 100 km from Sault Ste Marie, Ontario, includes claims to the east and west of the Dobie Lake Copper Property. This expansion will add approximately 2100 acres to the existing property.
The claims to the east of Dobie Lake Copper cover an area known as the “Southeast Trench” which has yielded massive chalcopyrite veins with grab samples of up to 5 per cent copper. The newly discovered Alpha Vein on Big Red’s property is projected to extend to the Southeast Trench area giving a strike length of over 1.5 km to this copper-bearing structure.
The property to the west of the Dobie Lake Copper claims includes the western extension of the Alpha vein and covers the former producing Jentina mine property. Indications of the western extension of the Alpha Vein were discovered during prospecting on the west side of the Skead claims in 2021. If confirmed, this would add another 1.6 km to the western extent of the No. 2 copper mineralized zone.
Mr. Jag Sandhu, CEO of Big Red, commented on the expansion.
“We are excited to work with local prospectors to expand the property holdings of Big Red in the Algoma area of Ontario. We consider this area to have great potential based on the widespread copper mineralization and past production in the area. Our expanded footprint is important and gives us a large land holding in a highly prospective area.”
Big Red holds an option to acquire a 100 per cent interest in the Dobie Lake Copper Project (the “Property”) in Ontario. Big Red’s mission is to conduct future drilling campaigns on the Dobie Lake property to maximize its minable resource potential.
Shares of Big Red Mining Corp. (RED) are trading at C$0.13 per share at 11:30 am EST.