Majuba Hill Copper Completes Deep Core Hole MHB-29: Extends Visible Mineralization to 3607 feet (1099 m)
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*Press Release September 27, 2022
Majuba Hill Copper Completes Deep
Core Hole MHB-29: Extends Visible
Mineralization to 3607 feet (1099 m)
VANCOUVER, BC — September 27, 2022 — Majuba Hill Copper Corp. (CSE: JUBA /
OTC: JUBAF / FWB:4NP) (“Majuba Hill Copper” or the “Company”) is pleased to report
completion of MHB -29 the third and final core hole in the 2022 deep core drilling
program at the Majuba Hill Porphyry Copper Project in Pershing County, Nevada.
Hole MHB-29 was drilled to 3607 feet (1099 m). MHB-29 core is currently being sawn
and sampled at the Majuba Hill Copper Corp warehouse. MHB-27 and MHB-28 have
been sawn and submitted to ALS USA Inc. for analysis. All assay analyses are
expected to be complete within 10 to 12 weeks.
MHB-29 intersected granodiorite at 3,403 feet. Sulfide mineralization occurs as along
veins and disseminated throughout the core.
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MHB-29: Secondary Biotite and molybdenum in skarn-block within the rhyolite
intrusive
MHB-29: Granodiorite at 3467 feet with secondary biotite (Potassic Alteration)
quartz veining and stockwork at 3467 feet
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Buster Hunsaker, Consulting Geologist to Majuba Hill Copper Corp. and a member of
the Advisory Board commented:
“The sulfides logged throughout the granodiorite included molybdenum,
pyrite, pyrrhotite, and chalcopyrite. W e expect high- grade copper
mineralization to be adjacent or below this zone based on the porphyry
copper modeling work published by Scott Halley, John H. Dilles, and
Richard M. Tosdal in Footprints: Hydrothermal Alteration and
Geochemical Dispersion Around Porphyry Copper Deposits; in Society of
Economic Geologists, Discovery January 2015.”
David Greenway, President and CEO, commented: “The incredible depth of the
mineralization is very encouraging as we begin to plan for additional drilling on the
Majuba Target and the four other primary target zones.”
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 metho d ME-ICP61 which is a four acid digestion and ICP -AES
assay. Approximately 5% of the submitted samples are drill 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
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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
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 s tatements that are not historical facts and are generally, but not always, identified by the words
"expects", "plans", "anticipates", "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 res ults 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 H ill 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.
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