TSXV: KRX
$0.23
Copper Ridge Explorations Inc.

News Releases

Email 'Drilling Commences at Quitovac Gold Project' to a friendShow printable version of 'Drilling Commences at Quitovac Gold Project' in a New Window

News

 April 29, 2004
Drilling Commences at Quitovac Gold Project

 Vancouver, BC, April 29, 2004 - Copper Ridge Explorations Inc. (the "Company") is pleased to announce that drilling has commenced on its Quitovac gold project in Sonora State, Mexico. The program will include up to 1,200 m of HQ diameter core in 12 to 15 holes. The purpose of the program is to provide confirmation of reverse circulation drill results by previous operators (approximately 75% of the drilling), thereby allowing the use of this data in a NI 43-101 compliant resource calculation. The remaining drilling will test for extensions of the mineralized zone.

The Quitovac deposit includes broad areas of lower grade gold mineralization within an east-west trending shear zone, dipping gently to the north. Within this are high grade gold zones of quartz veins and stringers that appear to have a steeper orientation. The first hole to be drilled was a twin of RC hole CIQ-5 that reported 6.01 gm gold/tonne over 38 m. Planned drilling will include a confirmation hole between hole Q-14, that intersected 9.93 g/t gold over 23 m and hole Q-13, that intersected 7.01 g/t gold over 20 m. Q-13 and Q-14 are spaced 20 m apart along section. Please see the Copper Ridge web site - www.copper-ridge.com - for a plan map and sections.

Results of the drilling will be released in batches, with the first results expected in 2 to 3 weeks. The Qualified Person on the project is Mr. J. Greg Dawson, P.Geo., the Company's Vice President of Exploration. Copper Ridge is earning up to a 75% interest in the Quitovac Project from CastleRock Resources Inc.

Copper Ridge has been highly successful in securing ten large-scale, early-stage gold and copper properties in the Yukon, Alaska and Mexico - three of which are under option to mining and mineral exploration companies including Kennecott Canada. This strategy enables Copper Ridge to minimize risk and financial exposure while maximizing the chances for exploration success and freeing up resources to seek out prime new acquisitions. Copper Ridge is well financed and anticipates another busy field season on its Northern properties as well as in Mexico.

For further information contact:
Gerald G. Carlson, President

Copper Ridge Explorations Inc.
Suite 500 - 625 Howe Street
Vancouver, B.C. V6C 2T6
Phone:604-688-0833; 1-888-278-2288
Fax: 604-688-0835
info@copper-ridge.com

This release was prepared by management of the Company who takes full responsibility for its contents.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
 
 

You can view the Next News Releases item: Wed May 5, 2004, Copper Ridge Acquires Copper Ace Properties

You can view the Previous News Releases item: Thu Apr 15, 2004, Copper Ridge Signs Drill Contract: Field Work Underway at Quitovac Gold Project, Mexico

You can return to the main News Releases page, or press the Back button on your browser.

News Update

July 06, 2010

Subscription

Via RSSVia Email