GreenLight Metals (TSX-V:GRL) has extended copper-gold mineralisation east at its Bend Project in Wisconsin, US, with results pending from two additional holes.
Step-out hole B26-015, drilled approximately 50m east of earlier phase two holes, returned 25.17m @ 1.30% copper (Cu), 1.30 grams per tonne gold (Au), and 13.87g/t silver from 427.90m.
The interval grades 2.69% copper equivalent (CuEq) and includes 6.21m @ 2.34% Cu and 1.85g/t Au from 445.66m. Estimated true thickness is approximately 80% of the drilled length.
Hole B26-013, drilled about 60m farther east, returned 5.20m @ 0.89% Cu and 0.99g/t Au from 384.19m. GreenLight interprets the intersection as being near the zone’s up-dip margin.
CuEq calculations assume US$4.50 ($6.42) per pound copper, US$3,600 per ounce gold, US$40 per ounce silver, and 90% recovery.
President and CEO Matt Filgate says B26-015 ranks among the strongest results from the program.
“Taken together with the thick interval of massive to semi-massive sulphide we logged about 55m down-dip in B26-016, where assays are pending, it supports our view that the system continues down plunge to the east,” Filgate says.
Logging of B26-016 identified 31.62m of semi-massive to massive sulphides, while B26-017 samples are being prepared for shipment. Visual observations do not establish metal grades.
The results follow GreenLight’s earlier report of sulphide intersections in both holes based on visual logging.
B26-018, the final phase two hole, has approximately 160m remaining in the 6,750m program. Results will guide future drilling, subject to approvals.
GreenLight Metals is a Canadian explorer advancing copper-gold projects in Wisconsin and Nevada.
Write to France Pinzon at Mining.com.au
Main image: GreenLight Metals
