- Copper Lake Resources (CPL) has begun a 2020 autumn drill program at its Marshall Lake copper, zinc, silver and gold project in Ontario
- Drilling will focus on the Billiton Main Zone, where extensions of known mineralisation will be tested to greater depths
- The company has contracted Niigaani Drilling to carry out the work, which will include four holes over a total of 1,220 metres
- Drilling is expected to reach completion within three weeks, with assay results to follow thereafter
- Copper Lake Resources (CPL) is currently up 25 per cent and is trading at C$0.025 per share
Copper Lake Resources (CPL) has begun a 2020 autumn drill program at its Marshall Lake polymetallic project in Ontario.
Located 250 kilometres northeast of Thunder Bay, the Marshall Lake Project covers 104 square kilometres, consisting of 148 wholly owned claims which make up roughly 30 square kilometres of the property.
Niigaani Drilling of Gull Bay, Ontario, has been contracted to carry out the work, which will include 1,220 metres of drilling across four holes at the Billiton Main Zone of the project.
These holes have been designed to follow up of previous high-grade intercepts, and will test the depth and continuity of known mineralisation.
A significant amount of previous drilling work has been undertaken at the Billiton Main Zone, resulting in a number of high-grade intercepts. These results point to a significant amount of copper and zinc content, and particularly silver, with several intercepts over 300 grams per tonne and two in excess of 420 grams per tonne.
However, this earlier work was only completed to shallow depths, which Copper Lake intends to rectify over the course of the current program.
Terry MacDonald, CEO of Copper Lake Resources, said he is excited to be moving forward with the drilling work.
“Almost all of the historic drill holes at Marshall Lake to date have been shallow, with very few holes drilled below 150 metres in vertical depth.
“Many of the recommendations going back to the 1960s have been to drill deeper as the mineralisation appears open at depth. For various reasons, this was never followed up on and we are very keen to complete this step,” he added.
Copper Lake Resources (CPL) is currently up 25 per cent and is trading at C$0.025 per share at 1:15pm EDT.