Copper Lake Resources Releases Good Preliminary Results!!Look carefully at the latest press release!
https://copperlakeresources.com/wp-content/uploads/2024/04/CPL-News-Release-April-10-Combined.pdf These results only reflect the first preliminary visual and geophysical analysis, prior to the more comprehensive results, from the lab. Those assays will better define the more precise mineral content of the core, especially when it comes to any harder to detect, very fine grained, silver or gold mineralization!
Five major alteration zones of mineralization were encountered.
The last four plates all contained volcanic massive sulphides!
The first of these holds zinc containing sphalerite within a 7 m interval!
The best interval, within the much larger context, contains almost 7% sphalerite, over 1 m! That's only the most significant part of this 7 meters of mineralization!
The second deeper interval was 100 meters in thickness! It contains sphalerite of up to 4%!
The third, even deeper, interval was 68 meter in thickness! It also contains sphalerite of up to 4% as well as copper containing, chalcopyrite of up to 2%, in amount!
The deepest of these discoveries was an interval of 110 meters in width! Upon this first cursory physical examination, overall this core appeared to hold up to 4% each of chalcopyrite and sphalerite! As well, within that context, this interval may also contain, as much as 10% sphalerite, over 2 meters!
I am stunned by the market's response today! The lack of understanding in the reading of a simple preliminary press release is most confounding! This is good news, not bad!
Copper Lake Resources has found the first of many more, massive sulphide zones of copper and zinc mineralization. And they are about to find more!
Each of the deeper 3 MT conductor zones have now become prime candidates for another drilling campaign!
But first downhole geophysics will direct the company to finalize where the thickest zones within MT conductor #1, should be drilled next!
This story is only beginning to unfold! Marshall Lake stands to become a very significant copper and zinc deposit!
All of the three MT conductors may contain intervals as thick as MT #1. But how wide, will all three of these potentially mineralized plates, be determined to be? And what shape, will this ore body, eventually take?
As always, the total amount of copper, zinc and silver or gold to be discovered here, will determine the value of any potential mine!
But even the some of the lowest grades of valuable mineralization may become a larger part of the much bigger equation!
It's the average grade and total tonnage that matters the most!
And with the wider intercepts that we now have now discovered at Marshall Lake, our company, Copper Lake Resources is off to a very fine start!
We will have to await for the confirmation of the actual grades of copper and zinc revealed by lab analysis. Perhaps those results will provide potential investors with a greater conviction to buy!
In the meantime, get your best stink bids filled! It appears that this unwarranted selling, may yet continue unabated for some considerable time! But that remains to be seen!
All three, of these deeper Mt conductors, may now represent VMS mineralization. To me, that seems to be the most likely outcome!
We await future drilling campaigns for confirmation of that most logical supposition!
Some investors got a good deal, by buying in today!
All the best! Java