Bell Copper Provides Big Sandy Update
Vancouver, November 9, 2021 - Bell Copper Corp. (TSXV: BCU) (OTCQB: BCUFF) ("Bell Copper" or the "Company") is providing an update on the diamond drilling program at the 100% owned Big Sandy porphyry copper project, located in northwestern Arizona, approximately 30 kilometers from the Company's Perseverance Project.
Drill Program
The Company's initial drill plan at Big Sandy was targeted at locating the truncated top of the Diamond Joe porphyry system which Bell Copper believed had been transported approximately 12 -15 km ESE on to the Big Sandy Claim block. Based on the potential size of the target, 4 drill sites were permitted with approximately 1.6 km spacing between drill sites. Inaugural drilling on the Big Sandy project began in November 2020.
Drillhole BS-1
In January of 2021, Bell reported that Drillhole BS-1 drilled into a new porphyry copper system (see news release January 11 2021) at its Big Sandy project. BS-1 penetrated a porphyry copper system near the inner edge of the propylitic, or "greenrocks", environment. Minerals observed in core include gossan veins (goethite, hematite, and jarosite), native copper, chalcocite, covellite, sphalerite, galena, disseminated pyrite, chalcopyrite and quartz-molybdenite veinlets.
Recent U/pb dating by Paul O'Donnell at the University of Idaho demonstrated that BS-1 and Diamond Joe zircons yield overlapping (i.e. statistically indistinguishable) ages of 74.2±1.0 and 74.9±1.2 million years, in samples 13.2 kilometers apart. Natural zircon contamination in both samples showed the same clusters of Precambrian ages (1.4 billion years and 1.6 billion years). This supports that both porphyries were injected up through and contaminated by the same old wallrock.
Drillhole BS-2
Drillhole BS-2 was located approximately 1.7 km south of drillhole BS-1. The hole was completed to 1332 meters, cutting scattered propylitic alteration and pyrite-chalcopyrite veinlets below 790 meters of gravel and basalt. Styles of copper mineralization seen in the BS-2 core included exotic chrysocolla, neotocite and native copper, filling interstitial spaces between grains in the post-mineral gravel, neotocite coatings along slip planes in fault gouge, chrysocolla in transported cobbles in the gravel and a thin (10 centimeter) roll-front deposit in permeable sandstone carrying fine-grained chalcocite along with unidentified molybdenum and uranium minerals. None of this mineralization is of economic significance, though it supports the Company's concept of copper-mineralized bedrock in the vicinity. Drillhole BS-2 is interpreted to be on the northeastern edge of the system.
Drillhole BS-3
Based on the previous drill holes and surface exploration, Drillhole BS-3 is situated approximately 1.2 km west of drillhole BS-1. Drilling is ongoing at BS-3, with the hole advancing toward the heart of the MT conductor identified in the Magneto-telluric survey performed at the Big Sandy project (see news release October 6, 2020)
Qualified Person
The technical content of this release has been reviewed and approved by Timothy Marsh, PhD, PEng., the Company's CEO and President and a 'Qualified Person' as defined under Canadian National Instrument 43-101.
About Bell Copper
Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of large copper deposits located in Arizona. Bell Copper is exploring its 100% owned Big Sandy Porphyry Copper Project and the Perseverance Porphyry Copper Project which is under a Joint Venture - Earn In.
On behalf of the Board of Directors of
Bell Copper Corp.
"Timothy Marsh"
Timothy Marsh, President, CEO & Director
For further information please contact the Company
Tel: 1 800 418 8250
Email: info@bellcopper.net
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release includes "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities legislation, including, but not limited to, the ability of Bell to identify a mineral resource at the Perseverance or Big Sandy Projects. There is no certainty that the present exploration effort will result in the identification of a mineral resource or that any mineral resource that might be discovered will prove to be economically recoverable. All statements included in this news release, other than statements of historical fact, are forward-looking statements. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Bell Copper operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described in the Company's most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102584