Kutcho Copper Extends Mineralization down dip at Main Deposit with 5.4m of 4.0% CuEq*
Kutcho Copper Corp. | 717 – 1030 West Georgia Street | Vancouver, British Columbia | Canada | V6E 2Y3
Telephone: (604) 628-5623 | www.kutcho.ca
Kutcho Copper Extends Mineralization down dip at Main Deposit with 5.4m
of 4.0% CuEq*
Vancouver, B.C., November 6th, 2018. Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF) (“Kutcho
Copper” or the “Company”) is pleased to announce initial resource expansion drill results from the Main
deposit at its 100% owned Kutcho high grade copper-zinc project located in British Columbia.
Resource expansion and infill drilling targeted areas of inferred resources at Main with the goal of
converting them to the indicated category as well as expanding resources beyond the existing block model.
Results to date have been highly encouraging with 62% of down dip holes intersecting sulphide
mineralization at the Main deposit including:
- KC18-280 with 5.5m of 1.91% Cu, 7.8% Zn, 33.2 g/t Ag, 0.60 g/t Au or 5.7% CuEq*
- KC18-282 with 5.4m of 2.48% Cu, 1.0%Zn, 114.0 g/t Ag, 0.24g/t Au or 4.0% CuEq* (including
0.50m of 16.7% CuEq*)
- KC18-287 with 10.5m of 1.89% Cu, 0.6% Zn, 33. 4g/t Ag, 0.69g/t Au or 2.9 % CuEq* (including
5.4m of 4.6% CuEq*)
Hole KC18-282 extended mineralization 50 metres down dip from previous drilling and beyond the existing
resource model. The Main deposit remains open down-dip in this area and along strike over a 250 metre
distance where KC18-268 (assays pending), KC18-282 and KC18-285 have all intercepted mineralization.
Vince Sorace, President & CEO stated, “When we embarked on this program at Kutcho we saw the potential
for down -dip expansion of resources at Main. The results to date confirm this potential and we are
extremely pleased that t hese drill holes continue to confirm the high grade nature of the Main deposit.
Portions of Main are still open for expansion beyond our 2018 program and we look forward to being able
to test these next year.”
Hole ID
From
(m) To (m)
Interval
(m)* Cu % Zn % Ag g/t Au g/t CuEq %
KC18-277 No Significant values
KC18-278 236.07 249.23 13.16 1.68 3.1 42.6 0.26 3.4
including 243.00 249.23 6.23 2.01 4.0 56.6 0.30 4.3
including 245.00 248.35 3.35 2.48 7.2 66.8 0.29 6.1
KC18-279 131.15 142.42 11.27 1.28 1.6 39.9 0.26 2.4
KC18-280 59.42 65.00 5.58 1.91 7.8 33.2 0.60 5.7
KC18-281 220.48 231.89 11.41 0.46 0.6 12.4 0.14 0.9
KC18-282 193.00 198.40 5.40 2.48 1.0 114.0 0.24 4.0
including 194.00 194.50 0.50 10.70 0.0 601.0 0.97 16.7
KC18-283 No Significant values
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KC18-284 No Significant values
KC18-287 94.45 105.00 10.55 1.89 0.6 33.4 0.69 2.9
including 95.40 100.80 5.40 3.02 0.9 54.0 1.23 4.6
KC18-249 to KC18-260,
KC18-262, KC18-264,
KC18-267, KC18-269,
KC18-270, KC18-272,
KC18-275, KC18-278
Engineering Hole (Not Assayed)
True width estimated to be 85% length of intercepts.
*CuEq = Copper Equivalent calculated using $2.75/t Cu, $1.10/t Zn, $17.00/Oz Ag, $1250/Oz Au.
Kutcho Copper Corp.
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Kutcho Copper Corp.
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QA/QC Statement on Assay Results
Diamond drilling conducted on the Kutcho property for 2018 is by Cyr Drilling International of Winnipeg,
Manitoba, using Boyles BBS-37 surface drills, with HQ diameter drill rods. All holes were oriented using
an ACT III core orientation tool and after com pletion of the drill hole, holes were surveyed using a
downhole gyroscopic tool from Terraplus Inc. of Richmond Hill, Ontario . Kutcho systematically inserts
certified standards, blanks, and field duplicates consisting of half core samples into each batch of samples
at regular intervals. Samples are placed in sealed bags and shipped directly to the ALS Minerals preparatory
laboratory in Whitehorse. The 2018 samples are analyzed by ALS Global of Vancouver, British Columbia.
Samples are prepared by crushing th e entire sample to 70% passing -2mm, riffle splitting of 250g and
pulverizing the split to better than 85% passing 75 microns. The core samples also undergo a robust
duplicate assay program that tests rejects and pulps for reproducibility. Samples are also sent to an umpire
lab.
The gold assays are determined by Au -AA23 fire assay method which reports in parts per million (ppm)
(equivalent to grams per tonne (g/t)). Any samples greater than 9.00g/t gold are analyzed by Au -GRA21
fire assay method with a gravimetric finish.
Base metal assays are first determined using the ME-ICP41 method, which reports results as part per million
(ppm). All analyses that reach the over-limits of ME-ICP61 are reanalyzed with an Ore Grade method. The
analytical results are v erified with the application of industry standard Quality Control and Quality
(QA/QC) procedures.
Qualified Person
Rory Kutluoglu, B.Sc. P.Geo., a Qualified Person as defined by National Instrument 43-101, has read and
approved all technical and scientific information contained in this news release. Mr. Kutluoglu is the
Company’s Vice President Exploration.
About Kutcho Copper Corp.
Kutcho Copper Corp. is a Canadian resource development company focused on expanding and developing
the Kutcho high grade copper-zinc project in northern British Columbia. Committed to social responsibility
and the highest environmental standards, the Company intends to progress the Kutcho Project through
feasibility and permitting to a positive construction decision.
Vince Sorace
President & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper Corp., please email [email protected] or visit our website
at www.kutcho.ca.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed “forward -looking statements” with respect to the
Company within the meaning of applicable securities laws. 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” , “indicates”, “opportunity”, “possible” and similar
expressions, or that events or conditions “will”, “would”, “may”, “could ” or “should” occur. Although Kutcho
Kutcho Copper Corp.
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Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance, are subject to risks and uncertainties, and ac tual results
or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties
include, but are not limited to, the Company’s ability to raise sufficient capital to fund its obligations under its property
agreements going forward, to maintain its mineral tenures and concessions in good standing, to explore and develop
the Kutcho project or its other projects, to repay its debt and for general working capital purposes; changes in
economic conditions or fin ancial markets; the inherent hazards associates with mineral exploration and mining
operations, future prices of copper and other metals, changes in general economic conditions, accuracy of mineral
resource and reserve estimates, the potential for new disc overies, the potential to convert inferred resources to
indicated or measured resources, the potential to optimize the mine plan, the ability of the Company to obtain the
necessary permits and consents required to explore, drill and develop the Kutcho proj ect and if obtained, to obtain
such permits and consents in a timely fashion relative to the Company’s plans and business objectives for the projects;
the general ability of the Company to monetize its mineral resources; and changes in environmental and ot her laws
or regulations that could have an impact on the Company’s operations, compliance with environmental laws and
regulations, aboriginal title claims and rights to consultation and accommodation, dependence on key management
personnel and general comp etition in the mining industry. Forward -looking statements are based on the reasonable
beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required
by law, the Company undertakes no obligation to updat e these forward -looking statements in the event that
management’s beliefs, estimates or opinions, or other factors, should change.