RE:RE:Copper Lake Resources Has Historical Drill Core Surprises!These two past historical holes and the latest drill hole at the deep MT conductor #1 will help reveal the size of any potential ore body, once the down hole geophysics has been completed and fully analyzed by the company! Following that we just have to wait for the company to finish their drilling campaign to fully prove up the company's value to a more demanding public market!
The market wants to see more! But the stock is now trading, about as cheaply, as it will ever get! Now is the best time to get in on the very best bargain! Scratching my head, many have sold! I am in disbelief! Maybe a miner should be looking our way? Investors in exploration stocks have to be prepared to wait! "...Two historic drill holes (ML-95-16 and CML-93-10) completed proximal to MT target 1 provide convincing evidence for the presence of massive sulphide deposits to exist in the immediate locale of the targets
Hole ML- 95-16 collared in intensely altered felsic volcanic rocks, remaining in highly altered rock to a depth of 300 metres. The 300-metre interval is characterized by strong alteration indices, containing
abundant biotite, sericite and muscovite and cordierite. Additionally,
significant disseminated sulphides are hosted within the alteration zone returning intervals of 1.94% zinc over 2 metres, as well as 0.05% copper, 0.22% zinc and 0.08% lead over 6 metres. Hole ML-95-16 appears to have tested the periphery of the MT conductor. In view of the width of alteration and sulphide mineralization seen in this hole,
a drill hole testing the heart or strongest part of the conductor is clearly warranted, [
That drill hole was completed successfully!!]
A second drill hole, CML-93-10,
drilled proximal to MT target 1 also intersected felsic volcanic rocks with widespread alteration assemblages.
It encountered disseminated and stringer chalcopyrite over a width of 12 metres from 436 to 448 metres, down-hole. Alteration consists of sericite, chlorite and
cordierite over most of the length of the drill hole. As is the case with hole ML-95-16, the trace of CML-93-10
did not penetrate the strongest part of the MT conductor...."
https://copperlakeresources.com/wp-content/uploads/2023/09/CPL-News-Release-September-26-2023-Combined-2.pdf "...In regional metamorphism, cordierite is formed only in environments where pressures are high and uniform. In these environments, the pre-existing minerals such as kyanite and biotite, become unstable reacting to give cordierite..." https://www.alexstrekeisen.it/english/meta/cordierite.php#:~:text=In%20regional%20metamorphism%2C%20cordierite%20is%20formed%20only%20in,2%29%20biotite%20%2B%20aluminosilicate%20%3D%20cordierite%20%2B%20spinel So we may now understand that the region where the number one MT conductor is located (and presumably the rest of this localized region where all of the deep MT conductors happen to be) has been subjected to a very signficant regional metamorphism where tremendous tectonic pressures have morphed the original VMS deposition by stretching and extruding it into various different dimensions (width and thickness) of shape and direction.
I am really curious about what a drill hole into MT conductor #2 will reveal about its mineralization and about the origin of its deposition. Since it does not appear to be directly fed by any nearby known VMS feeder zones, is it connected to or separate from MT conductor #1, perhaps distorted in direction by tectonic forces, but folded upwards in some opposed and altered direction? Does it represent some other stringer remnant or another completely separate, VMS body of ore?
In any case, it is quite understandable that the thicknesses of any mineralization discovered at any one particular drilling point, might convey, only a small part of an entirely larger picture!
The incredible tectonics that has impacted on this main potential body of ore also has ramifications for the entire Marshall Lake property which has over 200 base metal and precious metal occurrences. Heavily faulted and folded, even the presence of large amounts of otherwise, worthless pyrite, could be a good indicator for the presence of precious metals like gold or silver. Consider Equinox's Greenstone project located not too far away in Geralton, Ontario. That project is set in a heavily folded region with significant gold content, in the millions of ounces that also contains, very high pyrite, indicator mineralization.
https://www.equinoxgold.com/wp-content/uploads/2023/09/Greenstone-Investor-Analyst-Site-Tour-Sept-2023-Website.pdf Just look at the available body of evidence that we have already found that indicates that the main Marshall Lake project has already become a very significant find!
Historical drill hole CML-93-10 in close proximity to MT conductor #1 encountered
stringer type (higher grade) copper mineralization over a thickness of 12 meters. Drill hole
ML- 95-16 encountered commercial grade mineralization (2% zinc) within a lower grade intercept containing a minor constituent of copper as well, at the apparent fringe of this MT conductor, with a thickness of 6 meters.
The central zone of the MT conductor #1 which was the subject of the latest drilling campaign was found to contain 4 unique separate zones, each holding a significant quantity of zinc and/or copper mineralization, over a thickness of 7 meters, 100 meters, 68 meters, and 110 meters, respectively, the deeper it goes!
So the most valuable mineralization, seems to become better, the deeper down, the drilling is done!
https://stockhouse.com/news/press-releases/2024/04/10/copper-lake-provides-update-on-2024-winter-drilling-program-at-marshall-lake If the shallower, historical holes had been drilled deeper, what would they have revealed? Even the fringes of this deposit could become more valuable, if they are simply drilled, deeper down!
And how wide will this apparent body of ore, eventually become? What will the drilling at each different MT conductor, eventually discover? Are all of these MT zones, connected together in some misshapen way, the deeper they go? A series of future borehole geophysical analyses, could better define this matter, without excessive exploratory spending. That tool is much cheaper to use!
Has the company now closed in on discovering the main VMS ore body or is this latest discovery, just a small part of a much larger, Marshall Lake, exploration play? Are these MT geophysical regions just the remnants or continuations of some deeper VMS feeder or stringer zones? Does the main VMS exhalation zone, still lie elsewhere, yet to be found?
Whatever the case, the main Marshall Lake VMS deposit, just continues to grow in size!
Perhaps the company will soon need to update its company's web page presentation to avoid some obvious investor confusion?
https://copperlakeresources.com/wp-content/uploads/2023/10/CPL-Annual-General-Meeting-2023-Final.pdf The so- called
'build up conductor zone' may have been a disappointment to management as well as most shareholders! But as this region represents an
altered VMS zone, intruded by numerous
volcanic dykes, perhaps the returning assays may reveal some valuable, but invisible,
precious metal mineralization? No visible zinc or copper mineralization was detected in any core sample at this one particular hole!
Why else would the company have bothered sending their
'altered' core samples, devoid of any obvious visible, base metal mineralization, off to the lab? It costs money to do lab assays, so I am open to all, most pleasant surprises! (It would be a most perplexing move to make, if they are not, looking for some hint of nearby gold!)
So consider this, what if management might be looking for the beginnings of some precious metal depositional environment at this build-up conductor zone, using the presence of significant pyrite as an indicator mineral? On page 15 above, in the company's power point presentation, notice that other potential geophysical targets, may exist to the north of the build-up conductor zone, but perhaps located at a different depth and dip?
It appears to be a zone that deserves greater exploratory interest from management, but perhaps, at some later date? Could they discover a nearby, motherlode of gold, located just above the build-up conductor zone?
Could it represent some other major site of VMS exhalary deposition or could it be some kind of precious metal deposit, similar in nature, to what Equinox Gold has found at their Greenstone mine? Only a deeper drilling campaign, could help determine that! But that is where that kind of valuable mineralization, is often found!
In a fold, much deeper down, may lie the gold!
Has the company, now found the beginnings of a potential, main body of VMS ore, or are they still searching for something, far greater than this?
How big does their project have to become, before they finally admit that it could already be, commercial in size?
Do we already have the beginnings of a mine or of something much greater in scope?
We await the first of many geophysical efforts and future lab assays that need to be sent!
Perhaps that will provide the information that most potential investors or miners have needed to buy into the play!
But before selling our company, perhaps Copper Lake management might like to determine what our property is fully worth? Afterall, that's a part of their job!
They could sell it sooner, or sell it later, at a much higher price!
So do you finally understand, just how valuable, this Marshall Lake property, could later become?
It just has to be proved up to a more skeptical market place!
Copper Lake management may seem to have a huge task ahead!
The Marshall Lake property is a complicated puzzle.
But it only takes, putting in, one piece at a time, at the right place!
Is that so hard to do?
All the best! Java