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QC Copper and Gold Inc QCCUF


Primary Symbol: V.QCCU

QC Copper and Gold Inc. is engaged in the exploration, development and production of exploration and evaluation assets in Canada. It is focused on developing copper projects in the Chapais-Chibougamau region. The Company’s projects include Opemiska Copper-Gold Property and Roger. The Company's Opemiska Copper-Gold Property is located immediately adjacent to the Town of Chapais and is road accessible with the paved Quebec Highway 113 transecting the Property. The Property is located 40 kilometers (km) west of the Town of Chibougamau and 480 km north of the City of Montreal, Quebec. The Roger project is located approximately five kilometers northwest of Chibougamau, which covers an area of approximately 987-hectares. The Company also owns a 10% interest in the Thierry Copper Mine. Thierry spans 4,670 hectares across 27 mineral leases. The property hosts two past producing open pits that transitioned to underground mining.


TSXV:QCCU - Post by User

Post by BSdetector2016on Jun 01, 2022 3:36pm
239 Views
Post# 34724341

Time for the market to wake up!

Time for the market to wake up!

Highlights include:

  • 43.5 metres at 0.67% Copper Equivalent
  • 40.5 metres at 0.62% Copper Equivalent
  • 166.5 metres at 0.32% Copper Equivalent
  • 150 metres at 0.30% Copper Equivalent

TORONTOJune 1, 2022 /CNW/ - QC Copper and Gold Inc. ("QC Copper" or the "Company") (TSXV: QCCU) (OTCQB: QCCUF) is pleased to announce new assay results from its ongoing 60,000 metre drill program on Opemiska. The headline intersections are from hole OPM-22-164 and OPM-22-169, respectively and were both from the southern part of the Springer pit.  These holes expand the in-pit Current NI 43-101 compliant 81.7M tonnes @ 0.88% CuEq of Measured and Indicated Mineral Resources and 21.4M tonnes @ 0.73% CuEq of Inferred Mineral Resources (2021 MRE).

Summary of significant reported composite intersections on Opemiska Project: Table 1 

 

Hole ID

Zone

From
(m)

To (m)

Interval
(m)

Grade

Copper Eq
(%)*

Copper
(%)

Gold
(gpt)

Silver
(gpt)

Zinc

(ppm)

Cobalt

(ppm)

OPM-22-164

Springer

269.5

436.0

166.5

0.32

0.19

0.155

1.22

59

35

OPM-22-169

Springer

174.0

217.5

43.5

0.67

0.44

0.244

2.47

102

73

OPM-22-152

Vein#2

144.0

159.0

15.0

0.83

0.72

0.092

3.12

86

38

OPM-22-154

Springer

63.0

103.5

40.5

0.62

0.35

0.332

1.99

97

60

OPM-22-156

Vein#2

277.5

282.0

4.5

1.44

1.24

0.119

7.83

89

68

OPM-22-158

Springer

7.5

159.0

151.5

0.26

0.17

0.068

1.59

165

51

OPM-22-159

Springer

30.0

160.5

130.5

0.20

0.07

0.13

1.47

356

30

OPM-22-160

Vein#2

21.0

43.5

22.5

0.33

0.22

0.105

1.64

32

35

OPM-22-161

Vein#2

46.5

96.0

49.5

0.42

0.33

0.06

2.61

100

39

OPM-22-161

Vein#2

139.5

145.5

6.0

0.62

0.52

0.06

3.08

59

44

OPM-22-162

Saddle

69.0

84.0

15.0

0.84

0.60

0.273

3.68

104

56

OPM-22-163B

Saddle

91.5

115.5

24.0

0.50

0.39

0.104

2.39

46

33

OPM-22-165

Saddle

162.0

1181.5

19.5

0.65

0.51

0.128

2.12

88

50

OPM-22-166

Saddle

66.0

76.5

10.5

0.28

0.19

0.08

1.61

76

35

OPM-22-167

Springer

31.5

43.5

12.0

0.71

0.54

0.179

2.63

65

38

OPM-22-167

Springer

181.5

192.0

10.5

1.24

0.42

1.128

4.51

42

115

OPM-22-168

Saddle

150.0

166.5

16.5

0.72

0.63

0.06

2.96

101

40

OPM-22-169

Springer

9.0

30.0

21.0

0.29

0.07

0.149

0.79

54

23

OPM-22-169

Springer

57.0

69.0

12.0

0.54

0.43

0.107

1.85

66

41

OPM-22-170

Saddle

93.0

99.0

6.0

0.44

0.34

0.073

2.13

103

41

OPM-22-171

Vein#2

87.0

237.0

150.0

0.30

0.23

0.045

1.11

55

47

Including

Vein#2

183.0

208.5

25.5

0.93

0.74

0.183

3.0

95

65

OPM-22-172

Springer

256.5

301.5

45.0

0.31

0.20

0.088

1.84

102

51


https://www.newswire.ca/news-releases/qc-copper-amp-gold-continues-to-convert-waste-into-mineralization-with-over-20-new-in-pit-intersections-891499075.html
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