- Alpha Copper (ALCU) share results of magnetic 3D inversion study at the Star Project
- Seven target areas with copper mineralization at surface are underlain by magnetic anomalies
- Magnetic lows relate to hydrothermally altered faults and are an expression of the porphyry system
- Going forward the focus will be on the Star target area after a comprehensive interpretation of the recently completed geophysical modelling is complete
- Alpha Copper (CSE:ALCU) stocks is down more than 3.50 per cent, trading at C$0.13 at 11:14 am EST
Alpha Copper Corp. (CSE: ALCU) released new results from a geophysical magnetic 3D inversion study on its Star Project.
The site is situated 50 kilometers north west of Telegraph Creek in the Tahltan First Nation territory. The area is home to large porphyry copper-gold projects such as the Red Chris and Galore Creek deposits.
“The results of the magnetic inversion study are consistent with the known extent of the mineralized system at the Star target to date,” stated Darryl Jones, CEO of Alpha.
The current focus is on filling gaps in the coverage area where drilling will occur.
“This drilling is expected to begin in June, 2023, and be completed by the start of August, 2023. The magnetic inversion also identified several anomalies that correlate with geochemical target areas identified in previous surficial sampling campaigns that are now closer to being drill tested,” added Jones.
A majority of drilling at the Star target tested the volume between two magnetic anomalies.
Anomalous magnetic stock-shaped features are present at each of the seven target areas.
In addition to these anomalous features, a magnetic anomaly southeast of the Copper Creek occurrence has also been noted for follow-up surface exploration.
Going forward, the company will focus exploration work in 2023 on the Star target area after a comprehensive interpretation of the recently completed geophysical modelling.
The priority drill test zones target a potential high grade and near-surface oxidized zone, and deep-seated disseminated and vein-hosted mineralization within and adjacent to the magnetic anomalies.
Alpha Copper contributes to the green economy by finding and developing copper resource assets in stable jurisdictions.
Alpha Copper (ALCU) is down more than 3.50 per cent, trading at C$0.13 at 11:14 am EST.
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