Majuba Hill Copper Corp Begins Deep Core Program at Porphyry Copper, Silver, Gold Project
1
*Press Release July 05, 2022
Majuba Hill Copper Corp Begins Deep
Core Program at Porphyry Copper, Silver,
Gold Project
VANCOUVER, BC — July 05, 2022 — Majuba Hill Copper Corp. (CSE: JUBA / OTC:
JUBAF / FWB: 4NP) (“Majuba Hill Copper” or the “Company”) is pleased to announce
that core drilling is underway at the Majuba Hill Porphyry Copper Project in Pershing
County Nevada. Falcon Drilling is on-site to drill 3800 m (12,500 ft) of core . The
planned, deep core holes are targeting what the Company believes is the causative
granodiorite/dacite intrusive for copper mineralization which was discovered in the
2021 deep core holes.
The deep core sites were picked based on compilation and integration of re cent
drilling by the company combined with the deep IP/Resistivity and Magnetic
geophysical programs completed in 2020 and 2021. Interpretation of these results
outlined a very large zone that underlies most of the known copper, silver, and gold
2
mineralization at Majuba. Evaluation of molybdenum, lead, and zinc geochemical
results support and enhance the location of the deep intrusive zone
David Greenway, President and CEO, commented: “I am very pleased that we are
now drilling the deep core holes at Majuba. Drilling at Majuba has always been based
on a systematic, staged exploration approach and it is exciting that the results have
guided us to test such a large target with the potential to expand the mineralization
into a large copper deposit in a very safe political jurisdiction like Nevada.”
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 BBR 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 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
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.
3
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.
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.
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
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", "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 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.
###