Majuba Hill Copper 2022 Soil Sample Results Increase Target Size
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*Press Release October 11, 2022
Majuba Hill Copper 2022 Soil Sample
Results Increase Target Size
VANCOUVER, BC — October 11, 2022 — Majuba Hill Copper Corp. (CSE: JUBA / OTC:
JUBAF / FWB:4NP) (“Majuba Hill Copper” or the “Company”) is pleased to report that
the results from the additional soil samples collected in 2022 have significantly
increased the size of the DeSoto and Copper Gold Target at the Majuba Hill Porphyry
Copper Project in Pershing County Nevada. The results also highlight the surface
footprint for the 789 Target.
A total of 1050 samples were collected to extend the previous sampling grid to the
north, east, and west.
The Copper Gold Target was extended eastward by almost 3,000 feet (914 m) and is
still open to the east. The DeSoto Target was extended westward by over 3200 feet
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(975 m) and overlaps with the Section 4 target zone . Anomalous copper, gold,
molybdenum, zinc, and arsenic values were identified at the 789 Target and are open
to the north and west.
Gold in Soils-Extend Copper Gold Target to the east
Copper in Soils-Extend DeSoto Target to the west
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Zinc and Moly in Soils-Open to north and west
Buster Hunsaker, Consulting Geologist to Majuba Hill Copper and a member of the
Advisory Board commented:
“Copper, gold, silver, molybdenum, lead, and zinc have good zoning on
the Majuba Hill Project. The soil values indicate the very large size of
the copper porphyry mineralizing porphyry system . Combining the
3,000 to 9 ,000 foot (915-2743 m) wide anomalous zones and thick
copper, silver, gold, moly, and zinc drill intercepts point to a mineral
system that is typical of districts that host economic deposits. Future
drilling will use these results to direct us into the highest grade parts of
the target areas.”
David Greenway, President, and CEO commented: “I am pleased to see the ongoing
staged exploration results contribute to our drilling at Majuba Hill. I am very anxious
to see the results from our recently completed deep core program applied to these
results.”
Soil Highlights
Soil sampling indicates multiple metal correlations for each target zone at Majuba
Hill. The Copper Gold, DeSoto, and “789” target zones have distinct metal
associations suggesting several different mineralizing intrusive centers.
Target Area Cu Au Ag Mo Zn Pb As
Copper Gold Moderate V.Strong Strong Strong Weak Weak V.Strong
DeSoto V.Strong Weak V.Strong Moderate V.Strong Strong Strong
“789” Weak Weak Moderate Strong Strong Strong Moderate
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Quality Assurance/Quality Control ("QA/QC") Measures, Chain of Custody
The Company has implemented a QA/QC program using best industry practices at
the Majuba Hill Project. The samples are transported from the JUBA secure warehouse
or directly from the drill to the ALS Sample Prep Facility in Reno or Elko, Nevada. ALS
then transports the prepared pulps to their analytical lab in Reno, Nevada or
Vancouver, B.C. Soil and rock chip samples are transported by the company directly
to Elko or Reno, Nevada.
Drill core samples are sawn in half lengthwise and one half is placed in labeled cloth
sample bags. All samples are analyzed for copper, gold, silver, and 3 3 other
elements. Gold is determined by ALS method Au-AA23 which is a fire assay with an
AAS finish on a 30 gram split. Copper, silver and the remaining 31 elements are
determined by ALS method ME -ICP61 which is a four acid digestion and ICP -AES
assay. Approximately 5% of the submitted samples are duplicates and copper-gold-
porphyry commercial standard reference material pulps . The sample rejects and
remaining pulps will be retrieved from ALS.
Qualified Person
The scientific and technical information contained in this news release has been
reviewed by E.L. "Buster" Hunsaker III, CPG 8137 , a non- independent consulting
geologist who is a "Qualified Person" as such term is defined under National
Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").
About Majuba Hill Copper Corp.
Majuba Hill Copper Corp. is engaged in the identification, review and acquisition of
latter stage copper and copper/ silver/gold assets. This is in direct response to the
growing worldwide demand and lack of supply for precious metals fueled by the Green
New Deal in the US and most other developed nations with similar programs aimed
at addressing climate change. Such programs are heavily reliant on silver, gold and
especially copper to produce Electric Vehicles and other renewable power sources, as
well as building infrastructure to provide clean and affordable electricity.
The flagship project is the Majuba Hill copper, silver and gold District located 156
miles outside Reno, Nevada, USA. Management has been mandated to focus on safe,
mining friendly jurisdictions where government regulations are supportive of mining
operations.
On Behalf of the Board of Majuba Hill Copper Corp.
“David Greenway”
David C. Greenway
President & CEO
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For further information, please contact:
Joel Warawa
VP of Corporate Communications
P: 1 (855) 475-0745
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking
statements are statements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipat es", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or
that events or conditions "will", "would", "may", "could" or "should" occur. Although Majuba Hill Copper Corp. believes
the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results may differ materially from those in forward
looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Majuba Hill Copper
Corp. management on the date the statements are made. Except as required by law, Majuba Hill Copper Corp.
undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates
or opinions, or other factors, should change.