Copperstone Resources AB
Pressmeddelande
Copperstone Resources: international expertise evaluates Svartliden prior to
deep core drilling
Copperstone Resources (“Coppertone” or “the Company”) is pleased to announce
that the Company is advancing the work on possible Cu-Au porphyry systems at
Svartliden in northern Sweden. Under the supervision of Lead Exploration
Geologist Christopher McKnight, the Company has assembled international
geological expertise in order to expedite analysis and modelling of the target,
including construction of a 3-D geological model and a drill design to
interrogate the unique opportunity. The team is optimistic that from holistic
geological analysis of large scale alteration patterns and mineralization
styles this is a world class target for potential discovery of significant
mineralization.
Throughout the past year, exploration drilling and growth of geological
knowledge at Svartliden has suggested that the occurrence of base and precious
metal mineralization is intrusion-related within an island arc tectonic setting
exposed north of the Skellefte-field trend. A comparison of such tectonic
architecture can be aligned to more modern equivalents such as the Papua New
Guinea, or the porphyry-style continental deposits found in North and South
America. Today, mining of such deposits has turned Chile into one of the
largest copper-gold producers in the world.
The international team has previously worked together on a range of exploration
projects and has specific knowledge in gold and copper. The team is stationed
in Malå and are mapping and modelling the identified alteration zones, which
are key indicators of porphyry-style systems. The initial plan for exploration
is to drill three holes, each of about 800 meters, during the winter of 2017
but the final drill plan may be adjusted according to the findings of the team.
For further information, please refer to Copperstone Resources webpage :
www.copperstone.se, or contact Per Storm, CEO Copperstone Resources AB, 0705–94
90 24, e-mail: per.storm@copperstone.se.
Copperstone Resources AB (publ) is an exploration company focusing on the
Copperstone project in the vicinity of the Skellefte field. This project has
the potential to become one of the biggest base- and precious metal deposits in
the Nordic Region.
Copperstone Resources has thirteen exploration tenements covering c:a 11 360
hectare and two mining concession and one applied concession covering a total
of 82 hectare.
G&W Fondkommission is the Certified Adviser for Copperstone Resources AB.