Carube Copper Provides Jamaica Exploration Update
Carube Copper Provides Jamaica Exploration Update
Ottawa, Ontario--(Newsfile Corp. - September 19, 2017) -
Carube Copper Corp. (TSXV: CUC
)
is pleased to announce the
completion of a drill program on its 100% owned Bellas Gate copper-gold project in Jamaica. The 1,900 metre program
focused on the Provost, Hendley and Provost South East targets. The drilling in Jamaica was unaffected by Hurricane Irma which
passed through the Caribbean and Florida last week, well north of Jamaica. Assay results from the drilling program are
expected to be available in early October. The field program in Jamaica is continuing with drill target generation at the Main
Ridge Project and reconnaissance level mapping and sampling at the remaining five 100% owned project areas.
Follow up
drilling at Bellas Gate will be planned once all results have been received.
"Our drilling program in Jamaica went well and was unaffected by Hurricane Irma which tracked more than 300
kilometres to the north of our project. We were quite pleased to see copper mineralization in all holes drilled during
this campaign and we look forward to receiving the assay results in early October."
— Jeff Ackert, President and CEO of Carube Copper
A total of 1895.8 metres of drilling was completed in 7 holes. Three holes were completed at the Provost target. A fourth hole at
Provost was abandoned after it encountered poor ground in a fault zone at shallow depth. Two holes provided an initial test of
the Provost SE target and one hole tested an induced polarization anomaly on the Hendley prospect.
(See Figure 1 below)
Figure 1: Priority Drill Target Areas at Carube Copper
'
s Bellas Gate Project
To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/2661/29116_a1505833747579_51.jpg
¹The intervals do not necessarily indicate true width of mineralization as its geometry is not known. Copper equivalents are
calculated using a US $3.00/lb. copper and a US$1200 per ounce gold price assuming unlimited internal dilution and 100%
recovery of both metals.
Sample Preparation, Analysis and Quality Control: For a description of these items as pertaining to
drill core and soil samples please see disclosure
on Carube Copper's website at
http://www.carubecopper.com/disclaimer.html
. Carube Copper and Activation Laboratories all have robust sample security
and quality control programs in place for samples collected in Jamaica.
Results for the first hole drilled this year on the Provost target area — PVT-17-004 - were announced on
July 5
and returned
340.1m of 0.25% CuEq (0.20% Cu, 0.09g/t Au) which included 55.3m of 0.51% CuEq (0.35% Cu, 0.27g/t Au) and 14.0m of
1.04% CuEq (0.62% Cu, 0.71g/t Au).
The remaining results are expected to be available in October.
A table of drill collars with the coordinates, azimuth, depth and lengths are included below.
Hole ID
Prospect
East (m) WGS84Z18N
North (m) WGS84Z18N
Azimuth
(degrees)
Dip
(degrees)
Meterage
PVT-17-004
Provost
267168
2000885
135
-55
385.40
PVT-17-005
Provost
267148
2000788
90
-60
325.90
PSE-17-001
Provost SE
268398
2000218
250
-50
204.80
PSE-17-002
Provost SE
268538
2000002
275
-50
87.55
PVT-17-006
Provost
267168
2000885
53
-55
394.70
PVT-17-007
Provost
267157
2000978
60
-60
36.00
HEN-17-013
Hendley
267130
2001433
235
-60
461.45
Table 1:
2017
Drill Collar Coordinates at Carube Copper's Bellas Gate Project
—END PRESS RELEASE —
Contacts
Jeff Ackert, President and CEO • 1-613-839-3258 •
Alar Soever, Chairman • 1-705-682-9297 •
www.carubecopper.com
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.
QP Statement:
This press release has been reviewed and approved by Shannon Baird, MSc. Exploration Manager for Carube
Copper in his capacity as a qualified person as defined under NI 43-101.
Carube Copper Corp. (TSXV: CUC)
is a Canadian exploration company focused on the exploration and development of
copper and gold projects in Jamaica and Canada. In Jamaica, Carube Copper holds a 100% interest in 11 licenses, totalling
535 square kilometres. In Canada, it holds a 100% interest in three porphyry copper-gold-molybdenum properties, totalling 469
square kilometres within the Tertiary-aged Cascade Magmatic Arc in southwestern British Columbia. Exploration continues on
these properties with the goal of joint-venturing them to larger exploration and mining companies. Carube Copper continues to
seek opportunities in Canada and the Caribbean for acquisition and development.
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:
By reference herewith, Carube Copper incorporates into this release the entire disclaimer set forth on
its website at
http://www.carubecopper.com/disclaimer.html