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Canada One Mining kickstarts phase 2 exploration in B.C.

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| October 4, 2023

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  • Canada One Mining (TSXV:CONE) has begun phase two exploration fieldwork at its 100 per cent owned Copper Dome Project in British Columbia
  • The program will include additional mobile metal ion geochemical surveying, geochemical sampling, mapping and backpack sampling
  • It will also focus exploration on new zones not explored in phase one
  • Shares of Canada One Mining are up 6.25 per cent to C$0.08 as of 10:07 a.m. ET

Canada One Mining (TSXV:CONE) has kickstarted its phase two exploration fieldwork at its 100 per cent owned Copper Dome Project in British Columbia.

The Vancouver-based exploration-stage company said in a statement that the fieldwork program will include additional mobile metal ion (MMI) geochemical surveying, geochemical sampling, mapping and backpack drilling.

MMI is an advanced geochemical exploration technique used to find mineral deposits and, particularly, deeply buried mineral deposits.

Canada One Mining also said the field crew will focus exploration on additional new zones that were not explored in phase one.

Additional highlights of the phase two program will include:

  • Re-sampling of previous known historical showings and extended sampling of zones from the phase one MMI geochemical program
  • Perform rock sampling on the Friday Creek Zone where high grades of copper, gold and palladium have been historically obtained
  • Extend lines eastward from the Friday Creek Zone MMI survey to encompass known historical copper anomalies

Located near Princeton, B.C., the project sits near the lower portion of the Quesnel Trough porphyry belt, which extends north from the Copper Mountain Mine through to the Elk, Brenda, Craigmon, Highland Valley and New Afton Mines.

Shares of Canada One Mining are up 6.25 per cent to C$0.08 as of 10:07 am ET.

Join the discussion: Find out what everybody’s saying about this stock on the Canada One Mining Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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