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Kutcho Copper Drills 11.5m of 1.9% CuEq* (including 1.5m of 6.6% CuEq*) at Esso Below Existing Resource Model; Drills 21.9m of 3.3% CuEq* and 10.4m of 5.3% CuEq* at Main Deposit

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Kutcho Copper Drills 11.5m of 1.9% CuEq* (including 1.5m of 6.6% CuEq*) at Esso Below Existing Resource Model; Drills 21.9m of 3.3% CuEq* and 10.4m of 5.3% CuEq* at Main Deposit

 

 

 

 

 

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

 

 

Drill hole KC18-225-W1 is the final hole drilled at Esso and returned 11.5m of 1.9% CuEq* including a 1.5m high grade intersection of 6.6% CuEq*. This hole intersected a copper mineralized carbonate-silica exhalite, followed by 38m of lapilli tuff, containing 20-25% pyrite and 3% chalcopyrite. Within this tuff, several intervals of high grade chalcopyrite stringers occur that extends mineralization below the resource block model.

 

 

Vince Sorace, President & CEO, stated, “We have now completed all the field work required on the Esso deposit for the Feasibility Study.  We will now embark on generating a new mineral resource estimate for Esso while completing resource expansion drilling on the Main deposit.  The results from hole KC18-225-W1 are particularly exciting as it consists of a previously unrecognized stringer zone to the Esso lens that lies outside of the current mineral resource block model and may be discordant to the main trend of mineralization. As a result, the intersection remains open down dip and along strike.”

 

 

Drill holes KC18-234 to KC18-242 are distributed throughout the Main deposit and are designed to collect metallurgical samples, geotechnical information and convert mineral resources from inferred to indicated categories. Highlights from the Main deposit include:

 

  • KC18-237 with 3.1m of 1.65% Cu, 5.2% Zn, 38.9 g/t Ag and 0.41 g/t Au or 4.4% CuEq*
  • KC18-239 with 18.8m of 1.80% Cu, 1.4% Zn, 30.2 g/t Ag and 0.28 g/t Au or 2.8% CuEq* (including 6.4m of 3.8% CuEq* and including 4.3m of 4.1% CuEq*)
  • KC18-240 with 14.4m of 1.62% Cu, 4.4% Zn, 31.9 g/t Ag and 0.54 g/t Au or 4.1% CuEq* (including 10.4m of 5.3% CuEq* and including 2.2m of 13.7% CuEq*)
  • KC18-242 with 21.9m of 1.74% Cu, 2.5% Zn, 37.5 g/t Ag and 0.32 g/t Au or 3.3% CuEq* (including 7.4m of 5.5% CuEq*)

 

 

Drilling confirmed mineralization tenor and grade throughout the Main deposit and continues to demonstrate the high grade in the deposit.

 

 

Hole ID From (m) To
(m)
Interval
(m)**
Cu % Zn % Ag g/t Au g/t CuEq*%
KC18-222 to KC18-225 Engineering Holes  (Not Assayed)
KC18-225-W1 540.30 551.83 11.53 1.02 0.5 54.0 0.25 1.9
including 540.30 541.83 1.53 3.43 0.2 320.1 0.36 6.6
KC18-226 to KC18-233 & KC18-236 Engineering Holes  (Not Assayed)
KC18-234 33.20 36.72 3.52 1.00 0.9 12.5 0.13 1.6
including 34.16 35.38 1.22 1.36 0.0 25.4 0.22 1.7
KC18-235 Results Pending
KC18-237 65.82 70.42 4.60 1.19 3.6 27.1 0.29 3.1
including 66.57 69.67 3.10 1.65 5.2 38.9 0.41 4.4
KC18-238 115.22 143.98 28.76 0.78 1.4 16.4 0.32 1.7
including 125.00 143.98 18.98 1.07 1.9 22.7 0.42 2.3
including 127.45 137.80 10.35 1.21 3.1 29.3 0.58 3.1
KC18-239 102.71 121.52 18.81 1.80 1.4 30.2 0.28 2.8
including 115.12 121.52 6.40 2.59 1.4 40.7 0.44 3.8
including 117.26 121.52 4.26 2.66 1.7 42.8 0.48 4.1
KC18-240 36.45 50.82 14.37 1.62 4.4 31.9 0.54 4.0
including 39.10 49.46 10.36 2.08 6.0 41.1 0.69 5.3
including 43.53 45.68 2.15 4.59 17.7 85.5 1.81 13.7
KC18-241 100.00 108.31 8.31 1.20 0.2 27.0 0.25 1.7
and 123.50 132.00 8.50 1.59 0.4 19.9 0.26 2.1
including 123.50 130.41 6.91 1.89 0.3 23.5 0.29 2.4
KC18-242 33.03 54.89 21.86 1.74 2.4 37.5 0.32 3.3
including 37.66 45.09 7.43 3.18 3.4 67.7 0.44 5.5
including 50.00 54.89 4.89 2.11 4.6 49.8 0.71 4.9

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

 

 

TCS Project Update

 

 

Kutcho has also completed the field program at TCS that consisted of field mapping, rocks and soil sampling. The TCS property is located 16km east of Dease Lake and covers the Permo-Triassic Kutcho formation of bimodal volcanic rocks, which host the Kutcho deposits approximately 90km to the east. TCS presents a pure greenfields opportunity which has never been drilled. Previous exploration programs have identified mineralized and altered bedrock in creek outcrops and a 600m by 800m Cu-Zn soil anomaly.

 

 

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 parts per million (ppm). All analyses that reach the overlimits 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 Assurance (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 October 2, 2018

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