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Castillo Copper hails potential of big one deposit following drilling programme

StockMarketWire.com

Base metal exploration company Castillo Copper said its drilling contractor had completed 20 drill-holes at the big one deposit and expected to release results shortly.

The 20-drill holes comprised six drill-holes for the 200 series with partial assays for visible copper confirming up to 4.1% of copper and 14 drill-holes for the 300 series with visible copper mineralisation apparent in BO_301-06RC, the company said.

'With geological interpretations of historic and fresh assays suggesting a shallow, high-grade scalable copper system apparent at the big one deposit, the board is optimistic that 2021 will be a transformative year and that significant shareholder value can be created as the Mt oxide project is developed,' the company said.

At 8:25am: (LON:CCZ) share price was 0p at 2.65p


Story provided by StockMarketWire.com