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Saturday, November 23, 2024

Aguila Copper Completes Initial Sampling Program at Lida Copper-Silver Project, Nevada - Yahoo Finance

Last updated Wednesday, December 15, 2021 06:00 ET , Source: NewsService

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2021) - Aguila Copper Corp. (TSXV: AGL) (OTCQB: AGLAF) (WKN: A2DR6E) ("Aguila" or the "Company") is pleased to announce completion of an initial surface mapping and sampling program at the Company's 100% owned Lida copper-silver project. Lida lies in south-central Esmeralda County within the richly gold and copper endowed Walker Lane Mineral Belt. The project is secured by 33 granted BLM lode mining claims covering a total of 2.75 sq km and is easily accessed by two-wheel drive vehicles utilizing existing access.

During this initial field sampling and mapping program, Aguila geologists located more than 100 exploration pits, shafts, trenches and small workings (locally known as "dog holes") over an approximate 2km x 1.5km area. In excess of 50 pits and past workings were sampled, photographed and the exposed bedrock mapped (see Figure 1). A total of 57 samples have been sent for assay to ALS Global in Reno, Nevada.

Widespread copper carbonate and oxide mineralization was regularly discovered within hydrothermal alteration zones in workings and outcrops in the northern and eastern parts of the claim block. Propylitic and argillitic alteration within quartzite and shale of the Campito Formation were observed in workings and outcrops throughout the area, suggesting potential zonation of a larger buried porphyry system.

Figure 1. Map showing location samples taken during the mapping and sampling program. All...



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