Logan Copper's Dansey Project operations update
Trading on TSX.V - Symbol LC
LADNER, BC, April 21 /CNW/ - LOGAN COPPER INC. (the "Company") has planned and is currently mobilizing for a comprehensive drilling and trenching program on the Dansey Project area of its Logan Copper property. This program is designed to follow-up on the Company's 2009 Midway Zone drilling, which intersected a zone of progressively stronger sulfide copper mineralization that remains open at depth.
Diamond drill-hole 09-SND-14 is the deepest of three holes drilled on the Midway Zone to date. This hole intercepted 168.3 meters of 0.17% copper containing 85.0 metres of 0.24% copper and remains open at depth, as drilling difficulties necessitated the hole to be abandoned within a large mineralized zone. The first hole drilled on the Midway Zone, 09-SND-13, was drilled to 85.1 meters and featured similar lithology and mineralization to that intersected by shallower sections of 09-SND-14. The last hole drilled on the Midway Zone, 09-SND-15, was also abandoned due to drilling difficulties at a depth of 206 meters. Based on detailed core-logging this hole contains similar lithology and mineralization to that of 09-SND-14, however this hole remains uncut and will be processed at the beginning of the 2010 season. (See News Release dated January 20th, 2010)
The primary objective of the 2010 program will be to follow-up on this drilling with a minimum 750 meter deep drill-hole, followed by a series of step out holes to define the extent of this mineralization. Concurrently trenching will continue to expose areas covered by overburden containing evidence of surface copper mineralization surrounding the 2009 drilling.
The Midway Zone drilling is located 1.4 kilometers south of previous Company drilling conducted in 2008 and early 2009. This was successful in defining an approximate 500 meter by 400 meter area of sulfide copper mineralization within a series of faults. Some of the significant intercepts are listed below:
Midway Zone Drilling ------------------------------------------------------------------------- Drill hole Start End Interval Copper Zinc No. (m) (m) (m) (%) (%) ------------------------------------------------------------------------- 09-SND-13 2.80 24.30 21.60 0.11 0.22 including 7.90 16.00 8.10 0.15 0.31 and 9.50 15.20 5.70 0.16 0.42 --------------------------------------------------------------- 46.70 54.70 8.00 0.05 0.11 ------------------------------------------------------------------------- 09-SND-14 2.70 14.20 11.50 0.03 0.20 including 2.70 7.20 4.50 0.04 0.28 --------------------------------------------------------------- 28.50 49.70 21.10 0.05 0.11 including 28.50 32.80 4.20 0.13 0.18 and 42.80 49.70 6.90 0.05 0.17 --------------------------------------------------------------- 80.60 97.30 16.70 0.05 0.10 including 89.10 97.30 8.20 0.07 0.11 --------------------------------------------------------------- 116.90 285.20(EOH) 168.30 0.17 0.02 including 200.20 285.20(EOH) 85.00 0.24 0.01 and 217.36 218.05 0.69 1.36 0.01 and 252.20 270.10 17.90 0.41 0.01 and 263.25 263.96 0.71 1.68 0.02 and 274.60 276.23 1.70 0.87 0.01 and 275.00 275.30 0.30 2.91 0.00 ------------------------------------------------------------------------- North Zone Drilling ------------------------------------------------------------------------- Drill hole Start End Interval Copper No. (m) (m) (m) (%) ------------------------------------------------------------------------- 08-SND-01 79.25 85.34 6.10 0.18 --------------------------------------------------------------- 137.16 140.21 3.05 0.19 --------------------------------------------------------------- 152.40 170.69 18.29 0.15 including 167.64 170.69 3.05 0.38 ------------------------------------------------------------------------- 08-SND-02 15.24 106.68 91.44 0.16 including 15.24 85.34 70.10 0.20 and 79.25 82.30 3.05 1.90 --------------------------------------------------------------- 172.40 176.78 4.38 0.14 --------------------------------------------------------------- 207.26 210.31 3.05 0.21 ------------------------------------------------------------------------- 08-SND-03 23.77 32.92 9.15 0.15 including 26.47 26.82 0.35 1.33 --------------------------------------------------------------- 51.21 57.30 6.09 0.14 including 53.61 54.25 0.64 0.67 ------------------------------------------------------------------------- 08-SND-04 7.62 39.01 31.39 0.15 including 27.57 27.77 0.20 4.79 and 36.88 37.15 0.27 3.18 and 35.97 39.01 3.04 0.81 --------------------------------------------------------------- 60.35 72.54 12.19 0.15 including 61.80 62.15 0.35 1.70 --------------------------------------------------------------- 81.69 87.78 6.09 0.14 --------------------------------------------------------------- 124.36 157.89 33.53 0.14 including 127.00 128.20 1.20 0.74 ------------------------------------------------------------------------- 08-SND-05 119.76 182.27 62.51 0.10 including 119.76 121.41 1.65 1.10 and 121.30 121.31 0.31 2.20 and 154.84 155.88 1.04 0.90 --------------------------------------------------------------- 194.46 209.70 15.24 0.10 ------------------------------------------------------------------------- 08-SND-06 42.37 109.42 67.06 0.11 including 54.56 88.09 33.53 0.16 and 57.61 57.83 0.22 1.12 and 60.66 78.94 18.29 0.20 and 72.85 75.90 3.05 0.23 ------------------------------------------------------------------------- 08-SND-07 19.27 19.70 0.43 0.21 --------------------------------------------------------------- 35.20 36.80 1.60 0.13 --------------------------------------------------------------- 61.00 61.67 0.67 0.12 ------------------------------------------------------------------------- 09-SND-08 92.04 95.39 3.35 0.10 --------------------------------------------------------------- 105.33 106.03 0.70 0.13 --------------------------------------------------------------- 114.23 129.13 14.90 0.20 --------------------------------------------------------------- 132.85 133.90 1.05 0.15 --------------------------------------------------------------- 135.65 136.70 1.05 0.16 --------------------------------------------------------------- 139.66 140.83 1.17 0.12 --------------------------------------------------------------- 145.41 149.75 4.34 0.16 --------------------------------------------------------------- 152.65 156.05 3.40 0.12 --------------------------------------------------------------- 173.74 174.79 1.05 0.21 ------------------------------------------------------------------------- 09-SND-09 36.04 45.40 9.36 0.30 including 44.20 45.40 1.20 1.20 --------------------------------------------------------------- 50.58 51.86 1.28 0.20 --------------------------------------------------------------- 230.36 230.66 0.30 0.11 ------------------------------------------------------------------------- 09-SND-10 9.12 12.16 3.04 0.17 --------------------------------------------------------------- 29.90 31.10 1.20 0.10 --------------------------------------------------------------- 43.98 45.62 1.64 0.32 --------------------------------------------------------------- 58.57 71.20 12.63 0.12 --------------------------------------------------------------- 83.34 98.10 14.76 0.17 including 93.32 94.26 0.94 0.35 --------------------------------------------------------------- 112.50 120.35 7.85 0.37 including 118.58 119.48 0.90 0.79 --------------------------------------------------------------- 133.13 135.30 2.17 0.27 ------------------------------------------------------------------------- 09-SND-11 10.37 12.80 2.43 0.17 --------------------------------------------------------------- 25.97 26.49 0.52 0.25 --------------------------------------------------------------- 42.56 45.60 3.04 0.16 --------------------------------------------------------------- 77.45 96.45 19.00 0.14 including 93.93 94.34 0.41 1.46 --------------------------------------------------------------- 128.88 129.75 0.87 0.12 --------------------------------------------------------------- 147.61 156.00 8.39 0.29 including 152.17 152.60 0.43 1.20 --------------------------------------------------------------- 163.17 163.76 0.59 0.14 --------------------------------------------------------------- 168.23 168.98 0.75 0.11 --------------------------------------------------------------- 186.20 186.93 0.73 0.13 ------------------------------------------------------------------------- 09-SND-12 35.10 49.64 14.54 0.17 including 41.32 42.36 1.04 1.28 --------------------------------------------------------------- 56.65 57.30 0.65 0.16 --------------------------------------------------------------- 60.25 60.45 0.20 0.52 --------------------------------------------------------------- 62.85 63.30 0.45 0.16 --------------------------------------------------------------- 70.90 71.96 1.06 0.13 --------------------------------------------------------------- 76.00 76.90 0.90 0.17 --------------------------------------------------------------- 94.70 95.90 1.20 0.49 --------------------------------------------------------------- 113.00 115.40 2.40 0.55 including 113.40 114.00 0.60 1.81 --------------------------------------------------------------- 122.60 123.60 1.00 0.24 --------------------------------------------------------------- 128.90 134.30 5.40 0.21 --------------------------------------------------------------- 159.60 160.30 0.70 0.11 --------------------------------------------------------------- 161.70 163.00 1.30 0.14 -------------------------------------------------------------------------
Please see link for map: http://files.newswire.ca/875/Dansey-Project.doc
The Company has obtained all required permits and approvals for drilling at the Dansey Project area, and is awaiting a First Nations' archaeological assessment in the area of Midway Zone before commencing drilling. The company currently is permitted to conduct up to 18,000 meters of diamond drilling, 10,000 meters of which can be conducted on the Midway Zone.
All geological and technical disclosures in this news release have been approved by Laurence Sookochoff, P.Eng, the Qualified Person for this project, as defined by National Instrument 43-101. Please note that all historical work reported herein is not NI43-101 compliant, has not been verified by the Corporation, and may not be relied upon by the reader.
Logan Copper Inc. Per: "Thal S. Poonian" President and Chief Executive Officer
This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Corporation's control which may cause actual results, performance or achievements of the Corporation to be materially different from the results, performance or expectation implied by these forward looking statements.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS RELEASE.
For further information: please contact Thal S. Poonian, President of SNL, at (604) 940-9157, www.logancopper.com
Share this article