TORONTO, Nov. 2, 2021 /CNW/ - QC Copper and Gold Inc.
("QC Copper" or the "Company") (TSXV: QCCU) is
pleased to announce the start of its fall 2021 drilling program on
the Opemiska Property. The 6,000 metre program is focused on
testing the extensions of the Saddle Zone and the Eastern Veins and
to confirm the orientation of multiple orientations of mineralized
structures in both areas. In addition some holes will target
some pillars within the mined out portions of Veins #2 and #3 in
order to infill some halo holes and to get additional intersections
in the footwalls of existing veins.
"This drilling program will help to expand the existing
resources and to better understand the vein sets in the
Springer-Perry open pit deposit, stated Mr. Charles Beaudry, Director and VP Exploration for
QC Copper. We are currently in the planning phase of a much
larger drilling program scheduled to start in January and which is
expected to lead to a revised mineral resource estimate later in
2022. We are confident that expansion is highly probable and
a staged drill approach is planned to first identify on Opemiska
and on the adjacent Cooke-Robitaille properties those areas where
definition drilling will lead to indicated resources".
Drill Program for 2022 – A Robust Drill Program To be
Announced
QC Copper has identified four priority targets
with the potential to add resources to the currently defined NI
43-101 resource within the conceptual pit of the Springer-Perry
deposit. These targets are the Saddle Zone, the Eastern
Veins, Perry Mine at depth, and the Beaver Lake Fault corridor,
including the Cooke and Robitaille
Mines. Management considers these areas as very likely
to augment the existing inventory of resources on the Opemiska
Project. The Company is currently designing this drill program and
its logistics, with further details provided soon.
QP Statement
The technical information contained in
this news release and the referenced webinar have been reviewed and
approved by Charles Beaudry, P.Geo
and géo., Director and Vice President Exploration for QC Copper and
Gold Inc., who is 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
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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.sedar.com.
SOURCE QC Copper & Gold Inc.