QC Copper To Begin Drilling on Cooke and Robitaille Mines of Opemiska
QC Copper To Begin Drilling on Cooke and
Robitaille Mines of Opemiska
Highlights:
Defining 'Opemiska Style' Mineralization:
The drill program aims to characterize 'Opemiska
Style' near-surface mineralization at Cooke and Robitaille Mines.
Historical Significance within Falconbridge's Opemiska Copper Mine Complex: Cooke
and Robitaille Mines, integral components of Falconbridge's Opemiska Copper Mine Complex,
are undergoing systematic drilling for the first time by QC Copper and Gold.
Toronto, Ontario--(Newsfile Corp. - January 16, 2024) - QC Copper and Gold Inc. ("
QC Copper
" or the
"
Company
") (TSXV: QCCU) (OTCQB: QCCUF) is excited to announce the commencement of a new
drill program on the historically significant Cooke and Robitaille Mines, integral components of
Falconbridge's Opemiska Copper Mine Complex. These mines, located less than a kilometre from the
recently unveiled open pit resource on Opemiska (
published on January 8, 2024
), present a promising
opportunity for QC Copper to define additional 'Opemiska Style' near-surface mineralization.
The primary objective of this drill program is to assess preliminary targets while QC Copper finalizes
planning and permitting for its comprehensive 2024 drill program. By leveraging the Company's
knowledge of historic production from the mine and employing internal resource modeling, the aim is to
systematically drill Cooke and Robitaille. This strategic approach seeks to identify additional open pit
material within these zones, about 1 kilometre from the open pit delineated in the Mineral Resource
Estimate.
QC Copper has conducted limited drilling on the Cook-Robitaille Property, home to two of the four
historical mines from the Opemiska Copper Mine Complex. "Our recent focus has been on delivering the
Mineral Resource Estimate. As we shift our exploration efforts towards drilling targets like Cook and
Robitaille, we recognize our expansive land package's potential for significant discoveries. With limited
historical drilling and evaluation for near-surface bulk tonnage targets, these areas hold immense
promise for our exploration initiatives. The Company remains dedicated to unlocking the full potential of
its properties, and this drill program marks a crucial step in realizing the value hidden within the Cooke
and Robitaille Mines. As QC Copper and Gold continues to pursue strategic exploration and
development initiatives, stakeholders can anticipate further updates on the progress and findings from
this ongoing program throughout 2024," 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.
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 sizable starter pit comprising 19.1 million tonnes at 1.1% Cu-Eq, all
in the Measured and Indicated Mineral Resources categories.
The Technical Report for the MRE will be published within the standard 45-day period following the
January 8, 2024 news release.
Figure 1 for the location of Cooke and Robitaille on the Opemiska Project
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 information and updates on QC Copper and Gold, please visit:
www.qccopper.com
.
And please follow us on Twitter
@qccoppergold
.
To speak to the Company directly, please contact:
Stephen Stewart, Chief Executive Officer
Phone:
416.644.1571
Email:
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. QC Copper and Gold 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 QC Copper and Gold
Inc. Additional information identifying risks and uncertainties is contained in filings by QC Copper and
Gold Inc. with Canadian securities regulators, which filings are available under QC Copper and Gold
Inc. profile at
www.sedarplus.ca
.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/194384