Big Red Mining Corp. (CSE: RED) (FSE: K8J) Acquires Copper Prince Property – 2 Former Copper Producers in Ontario, Canada
Big Red Mining Corp. (CSE: RED) (FSE: K8J) Acquires Copper Prince Property – 2
Former Copper Producers in Ontario, Canada
Highlights:
- Copper Prince property contains two former copper producers – the Prince
Mine and the Gerrelts Adit
- Historical Drilling returned copper values ranging from 1.0% to 4.8% over
core lengths of 2.5m to 14.5m
Vancouver, BC, June 2 , 2022 - Big Red Mining Corp. (CSE: RED) (FSE: K8J) (the
“Company” or “Big Red” ) is pleased to announce the continuation of exploration
on its Properties in the Algoma area near Sault Ste Marie, Ontario. The main Dobie
Lake Copper Property has been expanded by approximately 520 Hectares with the
addition of the Copper Prince Property to the south . As a result of the Area of
Influence negotiated as part of the Option agreement signed with Rich Copper
Exploration Corp. (Dated February 25, 2021) the Copper Prince project has been
added to Dobie Lake Copper Property.
Location of Copper Prince Property in Relation to Dobie Lake Copper Property
The Copper Prince property contains two former copper producers – the Prince
Mine and the Gerrelts Adit.
The Prince Mine contains an adit at least 200 Meters (“m”) long which follows a
zone of mineralized quartz veins in an east-west direction, while the Garrelts Adit
appears to intersect a wide zone of multiple quartz veins and breccia containing
copper mineralization. Both areas also have trenching, drilling, and sampling from
past work and have returned high-grade copper results from past work.
At the Prince Mine the principal vein has been traced for a length of 350 m, and
ranges in width from 2.4m to 6.0m. There are four mineralized shoots on surface,
as follows: (1) 150m long, 2.0m wide, averaging 3% Copper (“Cu”); (2) 18m long,
3.4m wide, averaging 1.9 % Cu; (3) 13 .7m long, 2.0m wide, averaging 2.3% Cu; (4)
35.5m long, 3.02m wide, averaging 0.9% Cu . Nine drill holes drilled in 1929 gave
copper values ranging from 1.0% to 4.8% over core lengths of 2.5 m to 14.5m.
Weighted average of trench samples taken from the zone 150m west of Rac key
Lake was 4.1% Cu, 0.03 oz/ton (0.97 g/t) Au over 2.14m. Weighted average of 4 drill
holes under trenches was 2.7% Cu, 0.03 oz/ton (0.97 g/t) Au over 2.77m.
The Prince Mine Adit.
The Gerrelts Adit was developed by J.E. Gerrelts in the early 1970 ’s to access a
series of quartz veins which had been discovered by prospectors and drilled in the
1960’s.
The adit is seen in the base of a 25m high cliff.
The Gerrelts Adit at the foot of a cliff with multiple quartz veins
The vein system was tested by drilling in 1965 by at least 8 drill holes which
intersected breccia zones up to 15m wide which averaged over 0.3% Cu and had
1.5m intersections up to 1% Cu.
The mineralization comprises of a series of veins and stockworks containing
Chalcopyrite. The mineralized zone has been traced by drill ing and IP for over
1000m in an east-west direction. The historical records show that the adit extends
at least 25m in an east -west direction with a 45m crosscut to the south. There is
no record of the geology of the adit or crosscut but the waste pile co ntains
abundant quartz material with chalcopyrite and malachite-stained rocks.
Malachite from the Gerrelts Adit
A program of ground geophysics is planned to trace the extent of th e copper
mineralized systems identified in the two adits.
Jag Sandhu, President of Big Red stated “we are very pleased with the amount of
copper our Algoma project continues to reveal. The Copper Prince Property is a
welcome addition to our plans, and we are confident it will yield significant copper
results”
Qualified Person
James Atkinson M.Sc., P. Geo., a Qualified Person ("QP") as such term is defined
by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has
reviewed and approved the geological and technical information reported in this
news release. Mr. Atkinson is not independent of the Company as he is a member
of the Board of Directors of Big Red.
About Big Red Mining Corp.
Bid Red is focussed on discovering metals required for the clean energy
revolution. Big Red holds an option to acquire a 100% interest in the Dobie Lake
Copper Project (the “Property”) in Ontario, Canada. The Property is Located
approximately 100 km from Sault Ste Marie, Ontario. The Property surrounds and
covers Extensions of the Past producing Jentina Mine. The Property comprises
169 claims totaling 8,600 Acres (35 Square kilometers). Big Red’s management
team possess extensive experience in financing, exploration, development and
mining. Big Red’s mission is to conduct future drilling campaigns on the Dobie
Lake copper property to maximize its minable resource potential.
WWW.BIGREDMINING.COM
On Behalf of the Board of Directors
Jag Sandhu, CEO and President 778-218-9638
The information in this news release includes certain information and statements about management’s
view of future events, expectations, plans and prospects that constitute forward looking sta tements.
These statements are based upon assumptions that are subject to significant risks and uncertainties.
Because of these risks and uncertainties and as a result of a variety of factors, the actual results,
expectations, achievements or performance ma y differ materially from those anticipated and indicated
by these forward looking statements. Although Big Red believes that the expectations reflected in forward
looking statements are reasonable, it can give no assurances that the expectations of any forward looking
statements will prove to be correct.