News Leader News for May 6, 2008
DRILLING SUCCESS JUSTIFIES EXPANSION
Copper Mountain Mining Corporation (CMMC or the Company) announced May 1st that the initial 30,000 meter drill program currently underway at the 100% owned Copper Mountain project has been expanded to a 50,000 meter program based on success to date.
The program is focused on continued expansion of the resource base through both incremental additions to known resources as well as the discovery and delineation of new zones of mineralization.
A total of five drills are currently working on the property: two drills are being used to obtain detailed geotechnical data for the concentrator and primary crusher foundation design that is needed for the feasibility study; one drill is being used to drill a series of deeper holes to better interpret the large chargeability anomalies defined by the recently completed Titan 24 geophysical survey; and two drills are drilling the northwest and northeast ends of Pit 2 where drill results have identified new zones of mineralization that indicated potential for expansion of the planned Super Pit.
All exploration drilling since January 2008 has not been included in the updated resource report being prepared for the Feasibility Study which is expected to be completed in the first half of this year. The 2008 drill results will be added to new resource estimates as the project progresses and used for subsequent optimization of the mine plan.
The most significant results continue to come from the newly defined higher-grade zone located just west of Pit 2 and north of Pit 1, where drill-hole P1-09 intersected 335 feet grading 0.57% Cu Eq starting at a vertical depth of 600. Drill-hole P1-10 which was drilled at an azimuth of 140 degrees, perpendicular to the orientation of P1-09, was designed to test the mineralized zone and the Titan 24 chargeability anomaly in this area. A number of mineralized zones, were intersected by this drill-hole over a drilled distance of 1,470 feet which validates the geophysical results in this area.
Drill-hole P2-96 was drilled to the northeast of the Pit 2 area and may define the northward extent of mineralization at the east end of the Pit 2 because only a narrow zone of mineralization was intersected. Drill-holes P2-99 and P2-101 were drilled across a peninsula of low grade material that protrudes into Pit 2 in order to provide better definition of the felsite dykes in this area and to test mineralized areas of unknown size that were encountered by historical vertical drilling. The results of these holes will provide better data for the design of the open pits.
Drill-holes P2-98, 100 and 101 were drilled to the northwest of the Pit 2 area and indicate that low grade mineralization continues to trend west-north-westerly from the Pit 2 area. Drill-hole P1-07 was drilled to test the area below Pit 1 and was extended to test the area between Pit 1 and Pit 3 at depth and although it intersected mineralization below the northwest side of Pit 1 it did not encounter significant mineralization below the remainder of Pit 1.
Similarly, drill-hole P1-08 was targeted to test area below the center of Pit 1 and indicated that although numerous narrow intersections of mineralization are present, no significant intersections were encountered at depth.
The mineralized system at Copper Mountain is classified as a bulk-tonnage, alkalic porphyry copper deposit that is hosted within Nicola Group volcanic rocks.
Mineralization is structurally controlled and focused at multi-directional vein intersections and within vein stockwork systems. Drill holes are usually drilled at angles of -45 or -55 degrees to provide the best indication of the lateral extents of vertically oriented mineralization.
The Copper Mountain project is strategically located 300 km outside of Vancouver. The Copper Mountain project is a former producer and has extensive infrastructure in place, including power and water. The site can be accessed year round via a paved public road to the mine gate, 20 kilometres from Princeton.
A Feasibility Study is currently under way with completion targeted for the first half of 2008.
PGSAR RECEIVES TRAINING EXERCISE
South Okanagan SAR (SOSSAR) teams (Penticton, Oliver/Osoyoos Keremeos and Princeton Ground Search and Rescue members) participated in a helicopter hover exit training exercise in Penticton April 20th.
British Columbia Search and Rescue Association (BCSARA) provided some funding so that SOSSAR members could practice this vital skill.
Hot loading (entering and exiting while the rotors are turning) is used in the event that a helicopter can't safely land to drop off or pick up its occupants.
In the hangar of Eclipse Helicopters Inc, pilot Eric Stoof reviewed all the safety and loading procedures.
We then did a run through of the procedure to familiarize ourselves without the engine running. We then proceeded to the flight line to do it for real.
We loaded into the helicopter and took off to the climbing cliffs area to the East of Penticton. Eric nosed the helicopter in to a ledge and we proceeded to exit the helicopter.
To give us the experience of working around the helicopter he lifted off and did a quick loop around us and then landed beside us, and we got back in. Back at the airport we practiced getting out while hovering. Team members learned to be very gentle in exiting as even the slightest movement would move the helicopter.
Back safely on the ground the team was all in agreement that the highlight of the training (besides crawling out of a moving helicopter) was when the helicopter landed beside us on the cliffs. Team member Devin Huff put it the best, "the size of it, the noise, and the skill of the pilot gently putting the machine down beside us was amazing."
If you are interested in joining Princeton GSAR, call Arnie at (250) 295-8482 or visit the SAR Hall at 296 Rocklin Avenue most Tuesday nights. - submitted by R. Rorvik
LOCAL PAIR DRIVE MESSAGE HOME
Trina Adams and Sandy Yee call themselves Princeton Peaks and they want to drive you home - safely.
The pair will be providing 'designated driver' service during this weekend's Princeton Rodeo. Donations collected through the rides will help support the duo's fundraising efforts with the ultimate goal of participating in the September 6-7 Weekend to End Breast Cancer Walk.
Adams and Yee will be providing their 'designated driver' service between 6:00 PM and 9:00 PM this Saturday and Sunday. They will be on site at Princeton Rodeo grounds and visible with bright pink hats.
The pair thank Princeton Rodeo Club for allowing them the opportunity to offer their service and the Rodeo Club thanks the girls for providing the service.
