Highland Resources Inc. (TSXV:HI) announced drill results from the Keweenaw Copper Project in Michigan.
As quoted in the press release:
In addition to impressive zones of high grade copper in holes CEN353, CEN391, and CEN393, considerable lengths of 0.20 – 0.75% Cu mineralization may be present as lower grade envelopes next to the higher grade zones, illustrated by intersections in CEN303 and CEN393. Mineralization containing less than 0.75% Cu was not included in the historic resource estimate of the 543S deposit, although these lower grade intersections have the potential to provide additional upside for the deposit at current copper prices.
Highland’s Vice President:Exploration, Dr. Ross R. Grunwald, said:
The internal continuity of individual high grade assays in CEN353 was notable. The presence of lower grade, but potentially significant mineralization not recorded in the historic data from 543S had been suspected, but is increasingly confirmed by the current results. Upon completion of the planned program to fill in the historic drill grid to a 30 meter or less drill spacing at 543S, we will move drills to several of the numerous additional chalcocite prospects in this area.