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Kutcho Copper Extends Mineralization down dip at Main Deposit with 5.4m of 4.0% CuEq*

 

 

 

 

 

Kutcho Copper Corp. (TSX-V: KC) (OTC: KCCFF) is pleased to announce initial resource expansion drill results from the Main deposit at its 100% owned Kutcho high grade copper-zinc project located in British Columbia.

 

Resource expansion and infill drilling targeted areas of inferred resources at Main with the goal of converting them to the indicated category as well as expanding resources beyond the existing block model. Results to date have been highly encouraging with 62% of down dip holes intersecting sulphide mineralization at the Main deposit including:

 

  • KC18-280 with 5.5m of 1.91% Cu, 7.8% Zn, 33.2 g/t Ag, 0.60 g/t Au or 5.7% CuEq*
  • KC18-282 with 5.4m of 2.48% Cu, 1.0%Zn, 114.0 g/t Ag, 0.24g/t Au or 4.0% CuEq* (including 0.50m of 16.7% CuEq*)
  • KC18-287 with 10.5m of 1.89% Cu, 0.6% Zn, 33.4g/t Ag, 0.69g/t Au or 2.9% CuEq* (including 5.4m of 4.6% CuEq*)

 

Hole KC18-282 extended mineralization 50 metres down dip from previous drilling and beyond the existing resource model. The Main deposit remains open down-dip in this area and along strike over a 250 metre distance where KC18-268 (assays pending), KC18-282 and KC18-285 have all intercepted mineralization.

 

Vince Sorace, President & CEO stated, “When we embarked on this program at Kutcho we saw the potential for down-dip expansion of resources at Main. The results to date confirm this potential and we are extremely pleased that these drill holes continue to confirm the high grade nature of the Main deposit. Portions of Main are still open for expansion beyond our 2018 program and we look forward to being able to test these next year.” 

 

 

Hole ID From
(m)
To (m) Interval
(m)*
Cu % Zn % Ag g/t Au g/t CuEq %
KC18-277 No Significant values
KC18-278 236.07 249.23 13.16 1.68 3.1 42.6 0.26 3.4
including 243.00 249.23 6.23 2.01 4.0 56.6 0.30 4.3
including 245.00 248.35 3.35 2.48 7.2 66.8 0.29 6.1
KC18-279 131.15 142.42 11.27 1.28 1.6 39.9 0.26 2.4
KC18-280 59.42 65.00 5.58 1.91 7.8 33.2 0.60 5.7
KC18-281 220.48 231.89 11.41 0.46 0.6 12.4 0.14 0.9
KC18-282 193.00 198.40 5.40 2.48 1.0 114.0 0.24 4.0
including 194.00 194.50 0.50 10.70 0.0 601.0 0.97 16.7
KC18-283 No Significant values
KC18-284 No Significant values
KC18-287 94.45 105.00 10.55 1.89 0.6 33.4 0.69 2.9
including 95.40 100.80 5.40 3.02 0.9 54.0 1.23 4.6
KC18-249 to KC18-260,
KC18-262, KC18-264,
KC18-267, KC18-269,
KC18-270, KC18-272,
KC18-275, KC18-278
Engineering Hole  (Not Assayed)

 

True width estimated to be 85% length of intercepts.
*CuEq = Copper Equivalent calculated using $2.75/t Cu, $1.10/t Zn, $17.00/Oz Ag, $1250/Oz Au.

 

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/23790cb4-12dc-4111-986f-a1d3de367183


http://www.globenewswire.com/NewsRoom/AttachmentNg/d51f7191-025f-475a-9bc4-79ed18ccf90e


http://www.globenewswire.com/NewsRoom/AttachmentNg/8d4e5513-ce03-4f28-98b2-78209beebb86


http://www.globenewswire.com/NewsRoom/AttachmentNg/a3e0d17d-9080-4bec-bc08-34fe81758ef2


http://www.globenewswire.com/NewsRoom/AttachmentNg/2d9b3920-c12e-48ce-8dde-2f2b711fc595

 

QA/QC Statement on Assay Results

 

Diamond drilling conducted on the Kutcho property for 2018 is by Cyr Drilling International of Winnipeg, Manitoba, using Boyles BBS-37 surface drills, with HQ diameter drill rods. All holes were oriented using an ACT III core orientation tool and after completion of the drill hole, holes were surveyed using a downhole gyroscopic tool from Terraplus Inc. of Richmond Hill, Ontario. Kutcho systematically inserts certified standards, blanks, and field duplicates consisting of half core samples into each batch of samples at regular intervals. Samples are placed in sealed bags and shipped directly to the ALS Minerals preparatory laboratory in Whitehorse. The 2018 samples are analyzed by ALS Global of Vancouver, British Columbia. Samples are prepared by crushing the entire sample to 70% passing -2mm, riffle splitting of 250g and pulverizing the split to better than 85% passing 75 microns. The core samples also undergo a robust duplicate assay program that tests rejects and pulps for reproducibility. Samples are also sent to an umpire lab.

 

The gold assays are determined by Au-AA23 fire assay method which reports in parts per million (ppm) (equivalent to grams per tonne (g/t)). Any samples greater than 9.00g/t gold are analyzed by Au-GRA21 fire assay method with a gravimetric finish.

 

Base metal assays are first determined using the ME-ICP41 method, which reports results as part per million (ppm). All analyses that reach the over-limits of ME-ICP61 are reanalyzed with an Ore Grade method. The analytical results are verified with the application of industry standard Quality Control and Quality (QA/QC) procedures.

 

Qualified Person

 

Rory Kutluoglu, B.Sc. P.Geo., a Qualified Person as defined by National Instrument 43-101, has read and approved all technical and scientific information contained in this news release. Mr. Kutluoglu is the Company’s Vice President Exploration.

 

About Kutcho Copper Corp.

 

Kutcho Copper Corp. is a Canadian resource development company focused on expanding and developing the Kutcho high grade copper-zinc project in northern British Columbia. Committed to social responsibility and the highest environmental standards, the Company intends to progress the Kutcho Project through feasibility and permitting to a positive construction decision.

 

Posted November 7, 2018

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