Targeting Copper And Molybdenum In Canyon Creek
Candente Copper Corp. (TSX:DNT) has commenced an exploration programme at the Canyon Creek Copper Project in north-western British Columbia, Canada.
Exploration will focus on confirming and expanding previously discovered copper (Cu) and molybdenum (Mo) mineralisation in bedrock as well as geochemical and geophysical anomalies all of which are typical of porphyry style mineralisation.
The Canyon Creek property comprises 24 square kilometres and covers extensive copper-molybdenum-silver anomalies delineated by both regional stream sediments and soil sampling. The anomalous levels of Mo and Cu in soils extend over five km by two km east of the stream sediment anomalies. Mo ranges from 10 to 270 parts per million (ppm) and Cu ranges from 40 to 780 ppm.
Chalcopyrite (copper sulphide) and molybdenite (molybdenum sulphide) with grades of up to 1.56% Cu; up to 0.1% Mo and up to 17.6 grams per tonne (g/t) silver (Ag) have been found within quartz veining and stockwork zones in altered intrusive rocks including quartz monzonite. This mineralisation occurs in two areas covering 800m by 300m and 400m by 400m, respectively and much of the area between is hidden by glacial till or other cover.
Current exploration will include stream sediment sampling, soil sampling, prospecting and geological mapping to expand the known anomalies and mineralisation.
The Canyon Creek property is located in the north-western end of the Quesnelia Zone (Terrane) approximately 160 km from the Red Chris Mine, 15 km from a main highway and 60 km from the town of Dease Lake.
Large granodiorite to quartz monzonite plutons are affiliated with the Quesnel Terrane of B.C. Overall, quartz-monzonite plutons form the largest world class deposits of Cu-Mo-Au and Cu-Mo. Examples are Edernet with 1.78 billion tonnes of 0.62% Cu and 0.025% Mo, Chuquicamata, 6.45 billion tonnes of 0.55% Cu and Bingham Canyon, 3.24 billion tonnes of 0.88% Cu, 0.02% Mo and 0.5 g/t Au.
For further information please visit: https://www.candentecopper.com/