Vancouver, British Columbia–(Newsfile Corp. – September 8, 2023) – Copperhead Resources Inc. (CSE: CUH) (“Copperhead” or the “Company”) is pleased to announce the latest expansion of the Red Line Project (“Red Line” or the “Project”) in the mineral rich “Golden Triangle” of northwestern British Columbia through the addition of another new mineral claim (the “New Claim”).
The staking of the New Claim was prompted by the discovery of a previously undocumented k-feldspar porphyritic syenite intrusion, believed to be over 300 meters in width, located less than 1.5 kilometers south of the other Red Line claims. This expansive gossanous syenite body closely resembles one of the Galore Creek intrusive suites associated with porphyry copper prospects elsewhere in this region (e.g. Enduro Metals Burgundy Ridge occurrence, the Galore Creek deposit, etc.).
The New Claim was staked by Romios Gold Resources Inc. (“Romios”) and contributed to the Red Line Project pursuant to the option agreement dated April 6, 2022 between Copperhead and Romios.
Upon the successful integration of the New Claim into the Project, the Project’s scope has been significantly expanded, now encompassing ten claims in total, which collectively cover an area of 3,989 hectares. Notably, the newly added New Claim spans over 706 hectares, effectively contributing to the expansion of the Project’s overall land extent.
National Instrument 43-101 Disclosures
The technical information in this news release has been reviewed and approved by John Biczok, P. Geo., VP Exploration for Romios and a Qualified Person as defined by National Instrument 43-101.
About Copperhead Resources Inc.
Copperhead Resources Inc. is a mineral resource company engaged in the business of acquiring and exploring mineral resource properties. The Company’s principal objective is to locate and develop precious metals, focusing initially on the exploration and development of the Red Line Project, the Company’s sole mineral exploration project located in British Columbia, Canada. The Company has acquired the option to acquire a 75% undivided right, title, and interest in and to the Red Line Project pursuant to an option agreement. From time to time the Company may also evaluate and acquire other mineral properties of merit, containing a variety of metals and minerals and located in a variety of geographical jurisdictions.
For further information about Copperhead, please contact:
Damian Lopez
President & CEO
Copperhead Resources Inc.
Email: damian@resurgentcapital.ca
Cautionary Statements Regarding Forward-Looking Information
This press release contains certain forward-looking statements, including those relating to the addition of the new mineral claims to the Project. These statements are based on numerous assumptions regarding the Project and the Company’s exploration plans and the potential mineralization on the Red Line claims that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Red Line; the exploration potential of Red Line and the nature and style of mineralization at Red Line; risks inherent in mineral exploration
activities; volatility in precious metals prices; and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.
Neither the Canadian Securities Exchange nor its regulation services provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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https://www.newsfilecorp.com/release/179977