Power Ore Releases Webinar on Initial Drill Results on Opemiska Copper Complex Drilling
Power Ore Releases Webinar on Initial Drill
Results on Opemiska Copper Complex Drilling
TORONTO
,
June 17, 2019
/CNW/ - Power Ore Inc. ("Power Ore" or the "Company") (TSX.V:
PORE) is pleased to release a webinar detailing its
June 14, 2019
drill results and update on its drill
program at the Opemiska Copper Mine Complex.
Click Here to View the Power Ore Webinar which is available any time
This brief webinar details what new information these first three drill holes provide and what Power
Ore is expecting on the subsequent 20 holes whose results are pending. The webinar also discusses
the calculations that go into copper equivalent grades and references global and Canadian average
copper grades for open pit mines.
Notable intersections from Power Ore's
June 14
news release include:
1.41% copper equivalent over 58.1 metres
starting at 49.9 metres down hole including 5.9%
copper equivalent over 8.5 metres in hole OPM-19-02
0.72% copper equivalent over 23.6 metres
starting at 51 metres down hole including 1.47%
copper equivalent over 7.1 metres in hole OPM-19-01 (Twinned Hole of Historical Falconbridge
Hole S-807)
0.24% copper equivalent over 79 metres
starting at 33 metres down hole including 0.51%
copper equivalent over 25.7 metres in hole OPM-19-03 (at the rhyolite contact, previously
thought to be unmineralized)
Table
1
: Summary of Significant Mineralized Intersections on Opemiska Project.
Hole ID
Grade
Interval
(m)
From
(m)
To
(m)
Copper Eq
(%)
Copper
(%)
Gold
(gpt)
Silver
(gpt)
Cobalt
(%)
Zinc
(%)
OPM-19-02
1.41%
0.82
0.69
5.08
0.01
0.04
58.1
49.4
107.5
INCLUDING
2.29%
1.96
0.24
11.57
0.01
0.08
10.8
49.4
61.3
AND
5.94%
2.87
3.85
16.63
0.02
0.09
8.5
99.0
107.5
OPM-19-01
0.72%
0.39
0.29
4.23
0.01
0.12
23.6
51.0
74.6
INCLUDING
1.63%
0.79
0.78
8.69
0.01
0.37
7.1
51.0
58.1
OPM-19-03
0.24%
0.15
0.06
3.20
0.001
0.03
79.0
33.0
112.0
INCLUDING
0.52%
0.34
0.15
6.10
0.002
0.02
25.7
33.0
58.7
*Copper Equivalent ("Cu Eq.") grade including copper, gold, silver, cobalt and zinc based on 100% recoveries is calculated using the following equation: Cu Eq. = [(Cu % x 20 x Cu
price) + (Au grade / 34.2857 x Au price) + (Ag grade / 34.2857 x Ag price) + (Co % x 20 x Co price) + (Zn % x 20 x Zn price)] / (20 x Cu price). We used Cu, Au, Ag, Co and Zn
price of US$2.65, US$1,325 and US$14.75, US$15.00 and US$1.15 respectively.
For information and updates on Power Ore, please visit:
www.powerore.com
And please follow us on Twitter @PowerOre
Neither 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. Certain information in this press release may contain forward-looking statements. This
information is based on current expectations that are subject to significant risks and uncertainties
that are difficult to predict. Actual results might differ materially from results suggested in any
forward-looking statements. Power Ore is a trade name of PowerOre Inc. PowerOre Inc. assumes
no obligation to update the forward-looking statements, or to update the reasons why actual results
could differ from those reflected in the forward looking-statements unless and until required by
securities laws applicable to PowerOre Inc. Additional information identifying risks and
uncertainties is contained in filings by PowerOre Inc. with Canadian securities regulators, which
filings are available under PowerOre Inc. profile at
www.sedar.com
.
SOURCE
Power Ore
View original content:
http://www.newswire.ca/en/releases/archive/June2019/17/c8119.html
%SEDAR: 00045293E
For further information:
To speak to the Company directly, please contact: Stephen Stewart,
Chief Executive Officer, Phone:
416.644.1571, Email:
www.powerore.com
CO: Power Ore
CNW 08:04e 17-JUN-19