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QC Copper: Thierry Drill Core Resampling Program on Bulk Tonnage K1 Deposit Now Completed

In This Article:

  • Thierry's core sampling program was recently completed to expand and further delineate the K1 bulk-tonnage resource.

  • QC Copper recommended this program following a site visit and thoroughly examining the previously drilled core.

  • Significant amounts of drill core were never sampled due to an unidentified style of mineralization.

  • The program design and execution benefited from QC Copper's experience at the Opemiska project.

  • Cuprum, which owns 100% of the Thierry project, has announced a business combination with QC Copper, expected to close in December.

Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - QC Copper and Gold Inc. (TSXV: QCCU) (OTCQB: QCCUF) ("QC Copper" or the "Company") is pleased to announce that Cuprum has completed a core resampling program at its Thierry Copper Project ("Thierry"). This program focuses on sampling previously unsampled areas in the K1 Zone ("K1") from existing previously drilled core, specifically targeting core from 2002 - 2023 which were initially overlooked. The resampling program will help identify additional mineralization in and around K1, potentially increasing existing resources and improving upon the existing geological model. This program was extremely cost effective-estimated at just 6% of what would otherwise be a $2.4M twinning program.

Scope of the Resampling Program

The QC Copper team identified approximately 1,100 metres of historical core, encompassing 690 samples across 34 istorical drill holes. These holes were selected based on a detailed evaluation of Theirry's current geological model and existing core located on the Thierry Project, and informed by the technical team's experience in meticulously rebuilding Opemiska's geological model. These historical drill holes were overlooked by previous companies, who prioritized delineating the K2 Zone's high-grade mineralization. QC Copper's technical team easily identified core potentially containing low-grade and disseminated mineralization by visually inspecting and selecting core that has seen oxidation.

LINK TO MAP OF K1 SHOWING LOCATION OF HOLES TO BE RESAMPLED

K1 Mineralization: Disseminated Pyrite and Chalcopyrite

Mineralization in K1 primarily consists of disseminated pyrite and chalcopyrite, with some areas showing 1-5% pyrite, and up to 1% chalcopyrite. This mineralization is mostly occurring within ultramafic zones, pseudo-breccias, and zones with epidote-silicate or silicate alteration. Additionally, quartz or quartz-sericite veinlets, such as within hole K-11-27 at 306 - 323 metres (1005 - 1060 ft) show enhanced mineralization, with up to 15% disseminated pyrite and chalcopyrite in mafic volcanics. This pattern indicates an extensive mineralization system in K1, which is primarily traceable through alteration zones and secondary mineral features.