QC Copper Intersects 'Opemiska Style' Mineralization Along Cooke-Robitaille Corridor, Confirming Opemiska Resource Expansion Potential
QC Copper Intersects 'Opemiska Style'
Mineralization Along Cooke-Robitaille
Corridor, Confirming Opemiska Resource
Expansion Potential
Highlights:
QC Copper intersected between 16 and 55 metres, true-widths of sulphide mineralization adjacent
to the historical Robitaille Mine trend.
Drill program aimed at step-out drilling to define new resources with open pit potential
Very little drilling has been done into the Gwillim Fault Complex, the dominant regional structure
extending over 15 kilometres within QC Copper's Opemiska Property
Opemiska Property and the district at large have not been adequately evaluated in the context of
open pit minable material
Toronto, Ontario--(Newsfile Corp. - February 14, 2024) - QC Copper and Gold Inc. (TSXV: QCCU) ("
QC
Copper
" or the "
Company
") is pleased to announce that it has completed an initial four-hole drill
program on the Cooke and Robitaille mines corridor, adjacent the Opemiska Open Pit, which was
defined as deposit Canada's Highest Grade Open Pit Copper Deposit, as per its Mineral Resource
Estimate published on January 8, 2024.
The visual results from this drill program confirm significant widths of mineralization.
Although assays are
pending, the Company's experience in the district defining open-pit type material these results are
encouraging. This drill program targeted step-out areas of interest that could contain new resources with
sufficient widths for open-pit mining. Very little drilling into the Gwillim Fault Complex has been done, and
the structure extends over 15 kilometres within the greater Opemiska Project Property.
"QC Copper is just starting to evaluate and define near-surface resources beyond what is currently in our
open pit. Over the past few years, our focus has been almost exclusively on delineating the current open
pit. Now, we can pivot towards new growth as we have always seen significant resource expansion
possibilities beyond our open pit. This includes the well-understood Cooke and Robitaille Mines and
many other targets along the 15-kilometre stretch of the Gwillim Fault on our 25,000-hectare property.
The Chapais-Chibgouamau district has traditionally been mined underground, however, QC Copper's
results on our open pit demonstrate the opportunity for further reinterpretation, growth, and discovery,"
said Charles Beaudry, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold,
a Qualified Person, as defined in National Instrument 43-101, Standards of Disclosure for Mineral
Projects
Initial 4-Hole Drill Program at Cooke-Robitaille Mines Trend
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About the Opemiska Copper Complex
The Opemiska Copper Complex is adjacent to Chapais, Quebec, within the Chibougamau district.
Opemiska is also within the Abitibi Greenstone Belt and within the boundaries of the Province of
Quebec's Plan Nord, which promotes and funds infrastructure and development of natural resource
projects. The 100% QC Copper owned Opemiska Property covers 24,544 hectares and includes the
past-producing Springer, Perry, Robitaille and Cooke mines, previously owned and operated by
Falconbridge between 1953-1991. The project hosts excellent on-site infrastructure, including a power
station and direct access to Highway 113 and the Canadian National Railway.
Opemiska's Mineral Resource Estimate
The Company published a mineral resource estimate, which has a total Measured and Indicated
resource of 97.5 million tonnes grading 0.81% copper, 0.27 g/t gold and 1.76 g/t silver and an additional
11.0 million tonnes at 0.53% copper, 0.20 g/t gold and 2.58 g/t silver in the Inferred category. The new
resource saw a 26% increase in the copper total grade, an 11% increase in CuEq(*) total grade, and a
16% rise in copper equivalent pounds compared to the 2021 Measured and Indicated Mineral Resource
Estimate.
In addition, the Company defined a sizeable starter pit comprising 19.1 million tonnes at 1.1% CuEq, all
in the Measured and Indicated Mineral Resources categories.
QP Statement
The technical information contained in this news release has been reviewed and approved by Charles
Beaudry, P.Geo and géo., Director and Vice President Exploration for QC Copper & Gold, a Qualified
Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."
For
the exploration undertaken by QC Copper & Gold, all assay batches are accompanied by rigorous
Quality Assurance procedures, including the insertion of standards and blanks and verification assays in
a secondary laboratory. All the core received from the drill is split in half, bagged and sent to ALS-Global
facilities in Quevillon, Quebec for sample preparation. Then the pulps are shipped to AlS-Global's
Vancouver laboratory or some other location in the world for analysis using ALS-Global's standardized
ISO-compliant methods, all of which are listed in the laboratory certificates provided with the assay
results. The remaining half-core, rejects, and pulps returned from the laboratory are securely stored at
QC Copper's facilities in Chapais, Quebec. Quality Control results, including the laboratory's control
samples, are evaluated immediately on reception of batch results and corrections are implemented
immediately if necessary. All drill collars are surveyed and positioned in UTM coordinates. Collars are
oriented using a gyroscopic north-finding system and downhole deviation surveys are done with a single-
shot gyroscopic instrument at 30 to 50m intervals. Mineralization along the Cooke-Robitaille trend are
oriented approximately NW-SE and dip near vertically.
Actual mineralized zones are approximately 65 to
70 percent of the down-hole intervals.
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Stephen Stewart, Chief Executive Officer
Phone: 416.644.1567
www.qccopper.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
TSX Venture Exchange policies) accept responsibility for this release's adequacy or accuracy.
Certain information in this press release may contain forward-looking statements. This information is
based on current expectations subject to significant risks and uncertainties that are difficult to predict.
Actual results might differ materially from results suggested in any forward-looking statements. QC
Copper and Gold Inc. assume 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 QC Copper and Gold Inc. Additional information
identifying risks and uncertainties is contained in QC Copper and Gold Inc. filings with Canadian
securities regulators, which filings are available under QC Copper and Gold Inc. profile at
www.sedarplus.ca
.
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