From the Wires
Superior Copper Initiates Second Phase Drilling at the SB Zone
By: Marketwired .
Jan. 10, 2013 12:49 PM
TORONTO, ONTARIO -- (Marketwire) -- 01/10/13 -- Superior Copper (TSX VENTURE:SPC) has commenced its second phase drill program at the SB Zone. The program is two-fold set to extend the known strike length and depth of the ore zone as well as to infill gaps between previous drill holes. The SB Zone is a vein breccia system host to high-grade (Cu) massive sulphides, most notably chalcocite, that extends to the south of the original Coppercorp Mine deposit.
In the Fall of 2011 the company intersected continuous mineralization within the structure over a 500 metre strike length with average grades of 3% copper over an average width of 3 metres and to a depth of 215 metres. The best result of 7.27% copper over 4.8 metres with 144.5 gpt silver was also the deepest intersection at only 215 metres. See the news released on November 7, 2011 at www.superiorcopper.ca for more information on the first phase drill program.
Superior Copper will be displaying samples from the Batchawana Copper Project in the Core Shack at PDAC 2013. Come visit our exhibit on Tuesday March 5 or Wednesday March 6, 2013.
Technical information on the Batchawana Copper Project has been reviewed and approved by Delio Tortosa, P. Eng. who is a "Qualified Person" under National Instrument 43-101 and a consultant to Superior Copper.
Superior Copper Corporation
Superior Copper Corporation is a Canadian-based exploration company focused on base metal exploration. The Company's primary objective is to explore highly prospective base metal projects, particularly copper, in order to meet the increasing global demand. The Company has two key exploration projects; the Batchawana Copper Project and the Riviere Dore Project in Quebec.
CAUTIONARY STATEMENT: This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws. Please see our public filings at www.sedar.com for further information.
Shares Outstanding: 73,673,602
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Latest AJAXWorld RIA Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week