Bell Copper Corporation - Kabba drillhole K-9 update
TSX-V Symbol: BCU
VANCOUVER, June 2 /CNW Telbec/ - Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) announces that drilling and mechanical problems that have plagued K-9 for the past month have been resolved and that progress is again being made at the Company's Kabba project in Mohave County, Arizona. Loss of about 10 feet of drilling apparatus in the bottom of K-9 required that a wedge be set higher in the hole. The wedge allowed the drillhole to be deflected around the unrecoverable apparatus. The deviated drillhole, designated K-9A, is now back down to the ultimate depth attained in K-9 prior to the loss of the drilling equipment. Drillhole K-9A is currently in good condition and cutting intensely sericitized diatreme breccia carrying about five percent disseminated pyrite.
Failure of components in the transmission of the drill rig caused additional delays. Repairs to the transmission are now completed and the drill is operating well.
Drillhole K-9A is testing the hypothetical geometrical center of the decapitated top of the Kabba porphyry system. The geology that has been intersected is consistent with a position near the center of a major magmatic-hydrothermal vent that has been subjected to alteration and mineralization typical of porphyry copper systems. Further drilling in K-9A is expected to encounter primary copper mineralization underlain by stockwork quartz veinlets identical to those found over 15 square kilometers in the outcropping root zone of the system. The thickness of this interval is estimated to be about 1200 meters, extending below the current bottom of the hole down to the principal fault, beneath which unmineralized rocks of the footwall block are anticipated. The Company plans to continue drilling K-9A to obtain an intersection of the anticipated shell of primary copper mineralization.
Timothy Marsh, PhD, P.E., the Company's President and a Qualified Person continues to oversee the drilling operation. No mineral resource has yet been identified on the Kabba Project. There is no certainty that the present exploration effort will result in the identification of a mineral resource or that any mineral resource that might be discovered will prove to be economically recoverable.
About Bell Copper
Bell Copper is a public company with a focus on copper exploration, development and production in North America. The Company has an extensive portfolio of exploration and development projects located in some of North America's premier copper producing regions including Mexico, the Southwestern US and Northwestern British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS OF BELL COPPER CORPORATION "Michael Werner" Michael Werner CEO & Director
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
For further information: Bell Copper Corporation: Sarah Stephanson, Executive Assistant, (604) 669-1484, [email protected]; www.bellcopper.net; Renmark Financial Communications Inc.: Christine Stewart, [email protected]; Jason Roy, [email protected], (514) 939-3989, (416) 644-2020; www.renmarkfinancial.com
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