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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Post by CrashSurvvivoron Feb 10, 2011 11:14am
280 Views
Post# 18109081

Murphy Lake

Murphy LakeUpdate from V.GWQ on their Spout Lake program, bordering right on the south end of CDO's Murphy Lake property:

https://www.gwrresources.com/s/NewsReleases.asp?ReportID=441903&_Type=News-Releases&_Title=GWR-Extends-Cu-Magnetite-Au-Ag-Skarns-Drilling-Towards-43-101-Resource-Assa...

……

Visually impressive, massive magnetite and chalcopyrite were intersected over approximately 8 meters near the end of the hole (385.5 m), which was unfortunately terminated prematurely due to stuck drill rods. The mineralization continues down-dip, but interpretation suggests the zone may also continue down-hole as a parallel lens. To test this, the hole will be continued using BQ drill rods through the NQ rods. The results indicate considerable additional tonnage exists below the original 1993 resource, estimated to only 200 m depth. DDH SL11-77 (assays pending) intersected remarkable mineralization at 25m down-hole, as strongly potassically altered, massive magnetite, native copper, chalcopyrite, bornite and chalcocite. The combination of these copper-rich minerals within the same section of core represents metal zonation along the trend, with possibly important geological implications.

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