Usha Resources reports exploration work at Lost Basin Au-Cu Project
2021-06-09 13:10:54 [Print]
Canadian-based Usha Resources Ltd. provided an update on the exploration work at the company's Lost Basin Gold-Copper Project located in Mohave County, Arizona.
Highlights are as follows:
- Exploration work completed over the past six months has identified the potential for a bulk tonnage target with parallels to the deposits at Mineral Ridge in Nevada.
- 4 chip samples from the Copper Blowout Mine assayed above 1% Cu and as high as 1.53% Cu over 2 m.
- Plans under way to trench, detail grid new anomalies and expand soil program to expand on Phase 1 findings in preparation for a fall drilling program.
A program of soil sampling, trenching, geologic mapping, and rock sampling focusing on the Copper Blowout - Red Basin area is planned for the next phase of the Lost Basin Project.
Highlights are as follows:
- Exploration work completed over the past six months has identified the potential for a bulk tonnage target with parallels to the deposits at Mineral Ridge in Nevada.
- 4 chip samples from the Copper Blowout Mine assayed above 1% Cu and as high as 1.53% Cu over 2 m.
- Plans under way to trench, detail grid new anomalies and expand soil program to expand on Phase 1 findings in preparation for a fall drilling program.
A program of soil sampling, trenching, geologic mapping, and rock sampling focusing on the Copper Blowout - Red Basin area is planned for the next phase of the Lost Basin Project.
Copper Conc. TC 25%min CIF China
Unit:USD/mt
China copper concentrate producers' suspension number statistics by province by month
Unit: pcs
