KOPR EXTENDS LAND PACKAGE AT MAJUBA HILL
VANCOUVER—September 12, 2019— KOPR Point Ventures Inc. (CSE: KOPR / OTC: NPEZF / FSE: 4NP) (“KOPR Point” or the “Company”) offers an exploration update on the Majuba Hill Copper Project.
Upon review and consideration, KOPR Point has acquired additional public land at the Majuba Hill Property, located in Pershing County, Nevada, USA. The Company has staked 35 new unpatented lode claims in Section 10, T32N/R31E. This brings the project to 4,821 total acres controlled by unpatented lode claims, patented lode claims, and privately owned land.
Geologic review and geophysical surveys completed by KOPR Point indicated a broad southwesterly trend to the mineralization that has never been explored. Key features associated with the known copper mineralization include:
- Distinct southwest trend of the mineralized intrusive rocks.
- Known copper mineralization occurs south and southwest of a large magnetic low identified from KOPR Point’s ground magnetic survey work. No drilling has ever been done south or southwest of the magnetic lows.
- IP survey lines by KOPR Point defined a strong southwest chargeability high directly associated with sulfide copper intercepts in historic drill hole MMX-24. No other drilling has ever been done along the chargeability high.
- Detailed grade contouring of all drill assays in the oxide portion of the known copper mineralization show the copper grades increasing to the southwest.
There has never been any drilling or modern exploration work along in this broad southwest zone.
The company would also like to inform shareholders that samples will be sent to test the feasibility and application of a “Cement Copper” production process for the Majuba Hill exploration project. Historic work published by the U.S. Bureau of Mines on the Majuba Hill oxide copper mineralization indicated that the “Cement Copper” process worked well on material mined in the historic underground workings.
Successful application of this testing would allow the Company to consider a surface-based bulk sampling program. Cement Copper is a known, well-established extraction method primarily used in higher-grade, oxide mineralization similar to Majuba. The benefit is a 90%+ concentrate with a fraction of the upfront capital costs.
About KOPR Point Ventures Inc.
KOPR Point (CSE: KOPR / OTC: NPEZF / FSE: 4NP) is engaged in the identification, review and acquisition of latter stage Copper and Copper/Gold assets. Management has been mandated to focus on geo-politically safe and stable regimes with mining friendly jurisdictions and government regulations supportive of mining operations.
On Behalf of the Board of KOPR Point Ventures
President & CEO
310-221 West Esplanade
North Vancouver, BC
For further information, please contact:
E: [email protected]
P: (604) 318-0114