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: firstname.lastname@example.org.
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.