Big Red Mining Corp. (CSE: RED) (FSE: K8J) Announces the Expansion of Its Dobie Lake Copper Property.
Big Red Mining Corp. (CSE: RED) (FSE: K8J) Announces the
Expansion of Its Dobie Lake Copper Property.
Vancouver, B.C., January 28, 2022 – Big Red Mining Inc. (CSE: RED) (FSE: K8J), (the "Company",
or "Big Red") is pleased to announce expansion of its Dobie Lake Copper Property to the east
and west. Big Red has acquired more ground which will add approximately 2100 Acres to the
existing Property.
Figure 1 -- Location of No 1 and No 2 Zones on Dobie Lake Copper Property in Relation to
Gryba and Skead Claims
Cobalt (Gryba) Claims
The Cobalt claims lie to east of the Dobie Lake Copper claims (the orange claims in Figure 1
above). The area appears be the extension of the North No 1 Zone (Figure 1). Rock sampling
BIG RED MINING CORP.
from trenches in the North Zone have returned values up to 6.78% copper in veins of massive
chalcopyrite. The Cobalt claims adjoins the property of Kobold Metals, a company whose
mandate is to identify projects with potential to host Energy Metals, which has a known cobalt
occurrence.
About Kobold Metals
KoBold Metals is privately held and backed by investors committed to the long-term
development of new battery metal resources. The principal investors in Kobold Metals are
Breakthrough Energy Ventures, a climate technology fund overseen by Bill Gates, Jeff Bezos,
and other global business leaders; Andreessen Horowitz, the premier Silicon Valley venture
capital fund; and Equinor, the Norwegian state oil company.
The Skead Holdings Property
The property acquired from Skead Holdings comprises claims to the east and west of the
existing Dobie Lake Copper Property.
The claims to the east of Dobie Lake Copper cover an area known as the “Southeast Trench”
which has yielded, in past work, massive chalcopyrite veins with grab samples up to 5% copper.
The newly discovered Alpha Vein on Big Red’s property is projected to extend to the Southeast
Trench area giving a strike length of over 1.5 km to this copper-bearing structure.
The property to the west of the Dobie Lake Copper claims includes the western extension of the
Alpha vein and covers the former producing Jentina mine property. Indications of the western
extension of the Alpha Vein (No. 2 Zone) were discovered during prospecting on the west side
of the Skead claims in 2021. If confirmed, this would add another 1.6 km to the western extent
of the No. 2 copper mineralized zone.
Mr Jag Sandhu, CEO of Big Red stated, “We are excited to work with local prospectors to
expand the property holdings of Big Red in the Algoma area of Ontario. We consider this area
to have great potential based on the widespread copper mineralization and past production in
the area. Our expanded footprint is important and gives us a large land holding in a highly
prospective area.”
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 131 claims totaling 6,500 Acres (26 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 statements. 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 may
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.