SSR Mining Inc announced positive results from the diamond drilling program for the Copler copper-gold porphyry target C2. The C2 target sits directly below the Copler Main pit, which is currently in production. Four diamond drill holes were completed along a line of approximately 730 meters, with all holes intersecting gold-rich copper porphyry mineralization. Chalcopyrite is visible in the drill core with mineralization starting at or close to the bottom of the ultimate Copler Main pit.
The four diamond drill holes had intercepts including:
CDD955 returned 0.74% CuEq over 241.5 meters from 37 meters, including 1.77% CuEq over 32 meters from 96.2 meters, 1.92% CuEq over 17.4 meters from 136.2 meters, and 0.42% CuEq over 166.2 meters from 287.5 meters.
CDD935 returned 0.86% CuEq over 108.6 meters from 103.1 meters, including 1.19% CuEq over 8.6 meters from 146.3 meters, 1.40% CuEq over 23.6 meters from 161 meters, and 1.36% CuEq over 5.3 meters from 199 meters.
Rod Antal, President and CEO said, "The C2 results are another example of the long-term potential of Copler. It has long been contemplated that there are copper-gold porphyries associated with the Copler mineralization and recent in-pit exploration mapping identified mineralization and structures pointing to the possibility of a porphyry. Drilling began mid-year with the first four holes all returning long mineralized intercepts. While we are in the early stage for this exploration target, we are excited by the potential of C2 for a large volume and higher-grade zone close to what will be the ultimate bottom of the Copler Main pit. Drilling is continuing with three drills exploring the extent of the mineralization while we also start metallurgical test work programs. C2 is another excellent example of our organic growth opportunities."