Source: New Energy Metals Corp.
  • New Energy Metals (ENRG) reports results from Troitsa Copper Project
  • New Main Zone sampling averages 0.61 per cent Cu and 909 ppm Mo in 26 sample in and around a porphyry dyke
  • Gold mineralization is confirmed at Trogold in two samples (6.5 g/t Au and 2.9 g/t Au)
  • New Energy is a Canadian-based resource company listed on the TSX Venture Exchange under the symbol ENRG
  • New Energy Metals (ENRG) is down more than 31-percent, trading at $0.13 at 2:09 pm EST.

New Energy Metals (TSXV:ENRG) has new results from its 2022 exploration program on the Troitsa Copper Project.

It was confirmed there is historic channel and drill intercepts, defining the Main Zone. Also found was 26 samples averaging 0.61 per cent copper.

Troitsa is located 30 kilometers south of the advanced-stage Berg porphyry copper deposit. 

“We are excited to report these positive results from our 2022 exploration program on the Troitsa Copper Project,” said Rishi Kwatra, CEO.

“The Main Zone has consistently shown high-grade copper mineralization, and these latest results are a testament to the significant potential of this Project,” added Kwatra.

New Energy is now planning further exploration and development work on the project, with the aim of expanding the Main Zone mineralization.

Main Zone

The Main Zone is a 20 meter biotite-feldspar porphyritic granite dyke in which biotite has been pervasively replaced by chalcopyrite.

In the past, channel samples averaged 0.28 per cent Cu. 

In the 2022 exploration program, thirty-one mineralized samples were taken from the creek outcrops channel sampled by Callinex along with three whole rock samples and three QP check samples. 

Tracking the Main Zone mineralization to the northwest beyond drill intersections.

From this 5 samples were taken on the North Ridge from rusty weathering veins and breccia zones.

About New Energy Metals 

New Energy is a Canadian-based resource company listed on the TSX Venture Exchange under the symbol ENRG. 

New Energy Metals (ENRG) is down more than 31-percent, trading at $0.13 at 2:09 pm EST.

More From The Market Online

Optimi Health to advance psychedelic clinical trials

Optimi Health (CSE:OPTI) signs letter of intent with ATMA Journey Centers to advance its psilocybin extract into a psilocybin clinical trial.

@ the Bell: TSX falls in energy sell off

Canada’s main stock index loses ground from sagging commodity prices, but tech shares provide most of the gains on the TSX on Wednesday.
Hudbay Minerals - President and CEO, Peter Kukielski.

Hudbay signs US$300M financing to advance B.C. copper project

Hudbay Minerals (TSX:HBM) plans to raise US$300.2 million in an equity offering to help fund near-term growth at its Copper Mountain unit.