Carube Announces Exploration Program at the Mackenzie Copper Project
Carube Announces Exploration Program at the
Mackenzie Copper Project
Toronto, Ontario--(Newsfile Corp. - August 14, 2019) -
Carube Copper Corp.
(TSXV: CUC) is pleased to report that it has
completed a mapping and sampling program on its 100% owned Mackenzie Copper Project in southwestern British Columbia
(Figure 1). Previous work by Carube Copper and its predecessor Miocene Metals has identified three copper bearing trends
(Figure 2) across the 125 square kilometre project area. This year's initial program of exploration focused on two of the areas,
namely the Bornite Trend and the Breccia Trend prospects. A total 40 samples have been submitted for assay, which are
pending.
Highlights of Mapping and Sampling Programs
Breccia Trend
Broad zones of gossanous and silicified rock have been identified over a 1,200m by 600m area.
Copper staining observed in multiple outcrops.
Host rock is a breccia cut by sheeted and quartz stockwork veins.
Bornite Trend
Bornite and chalcopyrite mineralization hosted by planar and quartz stockwork veins.
Vein style mineralization defined along a 7.5-kilometer strike length.
Figure 1: Carube Project Locations
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Mackenzie Copper Project
The Mackenzie property is located in southwestern British Columbia, approximately 100 kilometres west of Lillooet, the nearest
population centre, railhead, source of high-tension power and major roads. Forest service access roads cross the northern and
southern claim boundaries and link the property with the town of Gold Bridge, which is located about 40 kilometres to the east.
The property consists of 12 mining claims covering 125 square kilometres.
Figure 2: Map showing the Mackenzie project area and mineralized trends identified to date
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Breccia Trend
The easternmost prospect area at Mackenzie contains a highly weathered, silicified and gossanous breccia cut by northwest-
southeast trending sheeted and stockwork quartz+/-carbonate veins. The vein system has been mapped along strike for over
1.2-kilometres and remains open to the south and east. Stream sediment samples collected in the area confirm anomalous
copper values ranging from 12.7 to 98.6 ppm copper with associated elevated arsenic (5.1 to 34.3 ppm), antimony (1.1 to 25.7
ppm) and zinc (12.8 to 45.0 ppm). Historic samples collected from the gossanous breccia (Figure 3) assayed up to 0.21% Cu,
with elevated levels of arsenic (4.8 to 693 ppm), antimony (2.9 to 751 ppm), and zinc (37 to 284 ppm). Recent mapping and
sampling identified several new occurrences of gossanous breccia with quartz veining that contain chalcopyrite and malachite
mineralization.
Several new zones of outcropping gossan were also observed up to 4km from the Breccia Trend proper and will
be followed up during the next field program. A total of 35 samples were collected, assays are pending.
Figure 3: Silicified ledges at the Breccia Trend with strong quartz veining and copper stain (Note: Photo insets of
X941258 and X941262 are located 65m and 225m from photo location, respectively)
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Bornite Trend
Historic mapping and sampling at the Bornite Trend identified scattered quartz-bornite-chalcocite-magnetite ± chalcopyrite ±
tetrahedrite veins and stringers over a strike length of 7.5 kilometres. Copper mineralization at Bornite Trend occurs along the
eastern margin of the Miocene-age Bridge River pluton, which is part of the Coast Plutonic Complex. Carube geologists
collected 23 rock chip samples (Figure 4) in previous mapping and sampling programs, with 14 samples assaying above 0.3%
Cu and up to 4.3% Cu, with associated gold (0.01 to 0.45 g/t) and silver (3.34 to 4,170 ppm). A high resolution airborne
magnetic survey was conducted in 2015 which identified a large, deep-seated magnetic anomaly adjacent to the central Bornite
Trend prospect area. The magnetic anomaly measures 2.5km by 1km and is interpreted to have three apophyses emanating off
the top, none of which have been drill tested. Recent geological mapping and sampling identified three new occurrences of
quartz-magnetite veining with bornite, chalcocite, and malachite mineralization (Figure 5). The new targets were mapped over an
area measuring 70m by 140m. A total of 5 samples were collected from the newly discovered copper occurrences, with assays
pending.
Figure 4: Quartz-Magnetite-Bornite-Chalcocite-Malachite Vein above magnetic apophyses in Central Bornite Trend
(2012 Sample - 2.85% Cu + 0.445g/t Au + 31.5 g/t Ag)
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Figure 5: Quartz-Magnetite-Bornite-Chalcocite-Malachite Vein in Bridge River Pluton, NW Bornite Trend. (Recent
Sample - Assay Pending)
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Historic mapping and sampling at the Tillworth Trend identified a northwest to southeast trending zone of quartz-chalcopyrite ±
bornite ± molybdenite veining and stringers that can be traced along strike for more than 13km. A total 88 rock samples were
collected by Carube during previous exploration programs, with a total 59 samples assaying above 0.30% Cu and up to 23.4%
Cu with associated gold (0.01 to 1.65 g/t) and silver (0.17 to 78 g/t).
The mineralized structure varies from cm-scale to nine
metres in width and is spatially associated with a younger, fine-grained granodioritic to dioritic dyke. The Tillworth Trend
prospect was not visited during this mapping and sampling program.
Cascade Magmatic Arc
Carube's Mackenzie Property and Amarc Resources' recently discovered IKE Deposit (592 metres of 0.44% CuEq @ 0.30%
Cu, 0.032% Mo and 2.1g/t Ag), are located within the Cascade Magmatic Arc, a belt of Tertiary and younger intrusive and
extrusive rocks, which stretches from Northern California up to the southern end of the Alaska Panhandle. This Arc, formed as a
result of the subduction of various Pacific Ocean plates, transform faults and ridges beneath the North American continent over
the past 65 million years. The majority of the Cu, Au and Mo resources being mined in the world, primarily in Chile, Peru, the
United States and Indonesia, come from similarly aged belts of porphyry intrusions. In the United States, the Cascade Magmatic
Arc has produced mineral deposits of significant size, such as Quartz Hill (1.6 BT of 0.127% MoS
2
)
1
in Alaska, and Glacier
Peak (1.7 BT @ 0.334% Cu and 0.015% MoS
2
)
2
and Margaret (523 MT @ 0.36% Cu, 0.013% MoS
2
.)
2
in Washington State
(historic resources).
1. Maas, K.M., Bittenbender, P.E., and Still, J.C., 1995, Mineral investigations in the Ketchikan mining district, southeastern
Alaska: U.S. Bureau of Mines Open-File Report 11-95, 606 p.
2. R. Lasmanis, Regional geological and tectonic setting of porphyry deposits in Washington State: Porphyry Deposits of the
Northwestern Cordillera of North America, CIM Special Volume 46, p77-102.
ABOUT CARUBE COPPER
Carube Copper is focused on creating substantive long-term value for its shareholders through the discovery and development
of world class copper and gold deposits.
Carube currently holds a 100% interest in 5 licenses covering 207 km
2
of highly
prospective copper-gold terrain in Jamaica, and a 100% interest in two porphyry copper-gold properties covering 337 km
2
within the Cascade Magmatic Arc in southwestern British Columbia and a 100% interest in the 46-square-kilometre Stewart
Brook gold project in the Meguma gold belt of Nova Scotia. Carube is actively searching for additional high potential copper and
gold properties to add to its portfolio.
The responsibility of this release lies with Mr. Stephen Hughes, CEO and President +1 (647) 517-4574 •
, who along with Mr. Jeff Ackert, Vice President, Business Development • +1 (647) 957-2249 •
, may be contacted for further information.
www.carubecopper.com
QP Statement:
This press release has been reviewed and approved by Mr. Shannon Baird, P.Geo., Carube Copper's
Exploration Manager, in his capacity as a qualified person as defined under NI 43-101.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
DISCLAIMER & FORWARD-LOOKING STATEMENTS
This news release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking
statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks
and uncertainties. Although these statements are based on currently available information, Carube Copper Corp. provides no
assurance that actual results will meet management's expectations. Factors which cause results to differ materially are set out in
the Company's documents filed on SEDAR. Undue reliance should not be placed on "forward looking statements".
IMPORTANT NOTICE:
Carube Copper hereby incorporates the entire disclaimer set forth on its website at
http://www.carubecopper.com/uploads/1/6/5/2/16521880/disclaimers-and-forward-statements.pdf
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