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IMC International Mining compiles B.C. copper-gold samples prior to summer field work

by Greg Klein | May 26, 2020

A compilation of previous sampling programs emphasizes the under-explored prospects of a central British Columbia copper-gold project. That’s the verdict of IMC International Mining CSE:IMCX following a reappraisal of work by previous operators on its recently acquired Thane property.

The compilation takes place as the company prepares its own summer field program. Over 1,400 rock samples have been collected from Thane, which has also undergone soil sampling and an induced polarization survey. Last week the company announced results from Cathedral, one of six prospective areas on the 20,600-hectare property. On May 26 IMC released results from two other areas, Gail and Cirque.

Of 295 rock samples collected by a previous operator in 2012, 140 surpassed 0.1% copper, with 32 samples exceeding 1%, IMC reported. Some standouts from the 2012 Gail area program include:

IMC International Mining compiles B.C. copper-gold samples prior to summer field work

  • 4.78% copper, 2.01 g/t gold and 28 g/t silver (float sample)

  • 4.19% copper, 1.46 g/t gold and 13.3 g/t silver (outcrop sample)

  • 7.69% copper, 1.26 g/t gold and 65.2 g/t silver (sub-outcrop sample)

  • 4.05% copper, 0.09 g/t gold and 22.6 g/t silver (sub-outcrop)

  • 6.88% copper, 3.68 g/t gold and 27.9 g/t silver (outcrop)

  • 5.62% copper, 2.16 g/t gold and 40.3 g/t silver (float)

That program was limited to Gail’s central region. But in 2000 another company had found impressive grab samples in Gail’s western region, reaching up to 4.49% copper and 6.48 g/t gold.

IMC also released previous operators’ results from 2010 and 2012 sampling on the Cirque showing, 2.5 kilometres west of Gail. Some highlights include:

The focus for IMC this summer is the Cathedral area as we prepare for a drill program. However, the substantial copper and gold values observed within the Gail and Cirque areas call for additional exploration and only highlight the potential for discovery on our under-explored, 206-square-kilometre property.—Brian Thurston, president/CEO,
IMC International Mining

  • 2.85% copper, 0.27 g/t gold and 8.6 g/t silver (float)

  • 1.23% copper, 0.15 g/t gold and 5.5 g/t silver (outcrop)

So far the one-day 2012 visit constitutes the only follow-up to the 2010 historic copper sample that graded 2.85%.

Although Gail and Cirque have yet to undergo follow-up work, “the focus for IMC this summer is the Cathedral area as we prepare for a drill program,” said president/CEO Brian Thurston. “However, the substantial copper and gold values observed within the Gail and Cirque areas call for additional exploration and only highlight the potential for discovery on our under-explored, 206-square-kilometre property.”

Earlier this month the company closed private placements totalling $1.76 million. In April IMC arranged a private equity draw-down of $8 million.

Read more about IMC International Mining.

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