Mike Fagan,
Editor
June 20, 2024
Kutcho Copper Corp. (TSX-V: KC)(OTC: KCCFF) — currently trading undiscovered around C$0.17 per share in the 2024 copper bull market — has announced enhanced drill targeting at its 100%-owned, high-grade Kutcho copper-zinc project located in northwestern British Columbia, Canada.
The enhanced drill targeting is the result of ongoing data interpretation from a recently completed series of airborne geophysical surveys (VTEM and ZTEM) over the broader Kutcho property.
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The primary objective of the surveys was to test for:
- Potential extensions to the three known massive sulphide deposits at Kutcho: Main, Sumac, and Esso.
- Potential new massive sulphide deposits within the vicinity of the known deposits, particularly immediately west of the high-grade Esso deposit.
- Potential for new deposits in areas where the prospective stratigraphy is repeated to the south of the main trend by folding and faulting.
Results to-date confirm the earlier target generation for the 1.9 km by 500 meter Esso West area (along strike and to the west of the high-grade Esso deposit) and reveal additional positive details on other nearby targets (Hamburger and Sumac Gap targets).
Kutcho Copper CEO Vince Sorace commented on the ongoing data interpretation via press release:
“We continue to refine and enhance our extensive new ZTEM, VTEM and seismic exploration data collected in 2023 to extract the best information for target delineation and for an exploration drilling campaign. We are excited about the potential for new discoveries, especially at the Esso West target, which could have a compelling impact on the Project. The improved definition of two targets in close proximity to the Main deposit also add additional discovery potential.”
The Kutcho copper-zinc project is a feasibility-stage development project with 22.8 million tonnes in the Measured and Indicated category at 2.26% copper-equivalent (CuEq) representing over 1.1 billion pounds of copper-equivalent contained metal.
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The project is a highly-accessible, vastly-underexplored VMS-target-rich asset with robust expansion potential with greater than 30 km of strike of primary targets.
The open-pittable, low-cost production project additionally benefits from significant upside potential through resource expansion drilling and infill drilling of the current Inferred resource. The company plans to commence drill-testing of the Esso West and Mother targets while simultaneously advancing field evaluation of the Cairn, Far East, and Sumac Ridge trends in 2H 2024.
The Kutcho project benefits from excellent infrastructure in place, including:
- A fully-functional field camp and airstrip
- 120 km of year-round ground access to be upgraded to a haul road for concentrate transport
- Existing concentrate port facilities within 400 km of paved highway access
The onsite infrastructure at Kutcho is laid out in an efficient manner within a compact site footprint resulting in a favorable layout that should prove key to the company’s low-cost production mining model and robust ESG initiatives.
Importantly, the Kutcho project is considered a “brownfields” feasibility-stage project, meaning that the main mineralized zones have already been delineated through extensive mapping, sampling, surveying, and drilling.
With an NI 43-101-compliant resource of 1.1 billion pounds CuEq already in place, the main focus going forward will be the further derisking of the Kutcho project through exploration and infill drilling across multiple high-priority and secondary targets as the company builds toward a positive construction decision.
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For more information on Vancouver-based Kutcho Copper Corp., please contact the company’s IR department at 604-628-5623 or via email at info@kutcho.ca.
Visit the Kutcho Copper corporate website and sign up to receive updates directly from the company here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Kutcho Copper Corp.