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Kutcho Copper Drills 34.2m of 3.3% CuEq* (including 8.4m of 5.1% CuEq*); Metallurgical Test Work Underway

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Kutcho Copper Drills 34.2m of 3.3% CuEq* (including 8.4m of 5.1% CuEq*); Metallurgical Test Work Underway

 

 

 

 

 

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

 

 

Drill holes KC18-235 to KC18-248 are distributed throughout the Main deposit and were primarily designed to collect metallurgical samples.  These holes intersected all styles of mineralization, including exhalative, semi-massive and massive sulphide mineralization. These holes have also increased confidence in the mineral resource model. Highlights from the Main deposit include:

 

  • KC18-235 with 15.6m of 2.58% Cu, 3.7% Zn, 56.7g/t Ag and 0.65g/t Au or 5.0% CuEq* (including 5.8m of 6.4% CuEq*)
  • KC18-243 with 12.6m of 2.17% Cu, 2.1% Zn, 38.9g/t Ag and 0.29g/t Au or 3.6% CuEq* (including 8.3m of 4.6% CuEq*)
  • KC18-245 with 34.2m of 2.17% Cu, 1.4% Zn, 35.7g/tAg and 0.38g/t Au or 3.3% CuEq* (including 8.4m of 5.1% CuEq* and including 14m of 4.1% CuEq*)
  • KC18-247 with 10.4m of 3.44% Cu, 3.3% Zn, 48.1g/t Ag and 0.52g/t Au or 5.5% CuEq* (including 4.8m of 6.7% CuEq*

 

 

Vince Sorace, President & CEO stated, “These drill holes continue to confirm the high-grade nature of mineralization at the Main deposit.  We have now commenced our metallurgical program and continue to drive forward with all elements of the Feasibility Study, which remains on time, and on budget.” 

 

 

Hole ID From (m) To (m) Interval (m)* Cu % Zn % Ag g/t Au g/t CuEq %
KC18-235 68.45 84.06 15.61 2.58 3.7 56.7 0.65 5.0
including 69.63 75.45 5.82 2.39 7.7 59.2 0.54 6.4
KC18-243 158.19 170.86 12.67 2.17 2.1 38.9 0.29 3.6
including 158.19 166.50 8.31 2.63 3.2 48.0 0.34 4.6
KC18-244 Engineering hole (Not Assayed)
KC18-245 117.72 152.00 34.28 2.17 1.4 35.7 0.38 3.3
including 117.72 126.20 8.48 3.09 2.2 68.9 0.74 5.1
including 131.00 145.00 14.00 2.80 1.7 39.2 0.40 4.1
KC18-246 77.59 88.00 10.41 2.24 1.2 53.2 1.03 3.9
including 77.59 85.85 8.26 2.65 1.4 62.4 1.22 4.6
KC18-247 105.15 115.64 10.49 3.44 3.3 48.1 0.52 5.5
including 105.15 110.00 4.85 4.07 4.1 61.4 0.65 6.7
KC18-248 105.15 115.64 10.49 3.44 3.3 48.1 0.52 5.5

 

*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/84de89cd-d8f8-49c5-acd9-d0092815776c

 

http://www.globenewswire.com/NewsRoom/AttachmentNg/4b521910-3119-4f96-9d2e-9026560593e6

 

http://www.globenewswire.com/NewsRoom/AttachmentNg/071a0017-d857-4f05-a6c7-afee15e64bd4

 

http://www.globenewswire.com/NewsRoom/AttachmentNg/6873e6d7-64d6-4b98-8787-18a1a6fe327d

 

Metallurgical Program Update

 

 

These holes mark the completion of drilling required to assemble additional materials to conduct the metallurgical program designed to refine and build on previous studies conducted by Capstone Mining Corp.  This bench scale test program has commenced and will define anticipated recoveries and concentrate grades and will guide design parameters of the flow sheet mass/water balance and reagent scheme/consumption required for the mill design. Testing will focus on ore variability, concentrate, tailing and water characterization and ore aging studies (for ore stockpile considerations). This work will be conducted under the supervision of Holland and Holland at the Bureau Veritas Lab in Richmond, BC.

 

 

QA/QC Statement on Assay Results

 

 

Diamond drilling conducted on the Kutcho property for 2018 was completed 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 rented 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 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 (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 18, 2018

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