re: Ann: Shallow Copper Mineralisation Discov...
o NMRC001: 53m @ 2.3% Cu from 34m, including 16m @ 4.2% Cu from 42m (supergene zone) o NMRC002: 69m @ 1.5% Cu from 39m 19m @ 3.0% Cu from 49m (supergene zone) o NMRC003: 71m @ 0.9% Cu from 56m o NMRC006: 63m @ 1.3% Cu from 54m
Results include a shallow zone of supergene enrichment and infer excellent potential for the establishment of an open-pit copper operation as the first stage of a mining development at Nymagee
NMRC002: 5m @ 6.0% Pb, 10.9% Zn, 55g/t Ag and 0.8% Cu from 112m o NMRC003: 8m @ 5.7% Pb, 10.2% Zn, 57g/t Ag and 0.5% Cu from 127m o NMRC006: 8m @ 3.0% Pb, 4.7% Zn, 24g/t Ag and 0.2% Cu from 117m
- Shallow mineralisation untested to the north
YTC currently has 3 drill rigs operating at the Nymagee deposit and 1 drill rig at the Hera Project.
?This result, in combination with the recent deeper drilling and gravity results show the Nymagee copper deposit is now open to the north, south and at depth. The recognition of potential open-pittable mineralisation with the demonstrated depth potential now positions Nymagee as a major copper discovery.?
YTC Price at posting:
59.5¢ Sentiment: Hold Disclosure: Held