Gap HOP21-06 was the primary gap CAVU drilled within the space that intersected main porphyry mineralization. CEO Jaap Verbaas referred to as it “transformational”, saying, “We’re proud to have considerably elevated the potential of the Hopper Challenge and as we speak’s outcomes give our technical workforce a transparent path for comply with up diamond drilling in 2022.”
CAVU has already drilled high-grade copper-gold mineralization in a number of skarn horizons elsewhere on Hopper. The skarn mineralization happens within the South zone over an space of 1,200 x 800 metres and to a depth of 400 metres. It’s open to the east, west and south. To the north it’s lower by the Hopper pluton. Skarn horizons proceed north of the pluton, however these targets haven’t but been drilled.
Drilling within the South zone has returned 15 metres of 0.5% copper, 2.7 metres of 0.95% copper, 8.5 metres of 1.62% copper, 7.8 metres of two% copper, 12.7 metres of 1.1% copper, and 18.6 metres of 1.94% copper.
CAVU can earn a 70% curiosity in Hopper by making funds of C$700,000 and 250,000 shares over 4 years to proprietor Strategic Metals (TSXV: SMD). The venture is situated within the conventional territory of the Champagne and Aishihik First Nations.
(This text first appeared within the Canadian Mining Journal)