Highlights
VANCOUVER, BC, May 9, 2024
/CNW/ - Getty Copper Inc. ("Getty," or "The Company") is pleased to
report drill results from the first two holes of its late 2023
drill program at the Glossie occurrence on its Highland Valley
property near Logan Lake,
B.C. The best interval in the first two drill holes was from
GL-23-01, which returned 8.11% Cu, 1.54 g/t Au, 41.5 g/t Ag and 60
ppm Mo, from 93.9 to 94.4m downhole
(0.5m). The adjacent sample downhole
returned 2020 ppm Cu (0.2% Cu from 94.4 to 95.72m). A correlative interval in the
adjacent hole, GL-23-02 returned 9430ppm Cu (0.94% Cu), 83ppb Au,
and 5.76g/t Ag between 77.86 and 78.5m downhole (0.64m). Core from the remaining three drillholes
is currently being cut and will be shipped to the laboratory
shortly.
The drill intersections in the first two holes likely correlate
with, and represent the subsurface expression of, the vein
mineralization discovered in the early 1900's and eventually
selectively hand-mined from limited shallow workings at the Glossie
occurrence.
In late November and early December of 2023 Getty drilled five
diamond drill holes for a total of 737m from two drill pads in the vicinity of the
Glossie occurrence on its Highland Valley area property.
Average depth of the drill holes was 147m, with hole depth ranging between 84 and
201m. The holes targeted the
subsurface expression of the near-surface and roughly east-west to
east-southeast trend of the apparently northerly-dipping "Glossie
vein."
Glossie Occurrence
Details
Historical work included a 30-metre shaft on the vein, which
intersected 1.5 metres of ore at 9 metres depth. The vein at the
shaft apparently had a strike of 103 degrees and dipped steeply to
the north; varied in width from several centimetres to 2.7 metres.
The eastern shaft, approximately 76 metres east of the main shaft,
was sunk on a 1.5-metre vein that had a strike of 110 degrees and
dipped to the north at 70 degrees. The vein was apparently
continuous between the shafts, and several other showings of vein
mineralization were exposed in excavations between them. The
Glossie area is underlain by a number of northerly trending
granodiorite to quartz diorite phases of the Upper Triassic Guichon
Creek batholith that are at least locally cut by dikes or small
plugs of quartz plagioclase porphyry (Oliver 2001)*.
According to BC Minfile (MINFILE Mineral Inventory (gov.bc.ca))
bornite is the predominant sulphide mineral in veins at Glossie,
with some chalcopyrite as well as chalcocite, azurite, malachite,
chrysocolla, tetrahedrite, melanterite, pyrite and specular
hematite in a gangue of quartz, tourmaline and calcite. Pink
K-feldspar or hematite dustings and sericite-carbonate alteration
in decimetre-scale alteration zones commonly adjacent to the
veins.
Getty Copper's work in the
Glossie area was initiated approximately 25-30 years ago, with grid
soil sampling, prospecting and geological mapping that was followed
up more recently with geophysical surveying (airborne magnetic,
direct current resistivity, and passive seismic surveys). Between
2017 and 2020, Getty flew an airborne magnetic survey over the
Glossie area and undertook a DC Resistivity and depth-to-bedrock
(Tromino instrument measurements). The results of the recent
ground geophysical work, which was somewhat limited in extent,
suggested that some resistivity features associated with the
Glossie occurrence appeared to have a southerly dip, but that the
zones of elevated resistivity appeared to more or less coincide
with a magnetic low observed in the Company's airborne magnetic
surveying. The geophysical surveys, along with earlier geological
work, suggested that the structure hosting the Glossie vein likely
had a more regional extent, with the Glossie vein occurring within
a brittle to brittle-ductile shear zone (Oliver 2001), with an
orientation parallel to that of the important Highland Valley Fault
system not far south, in close proximity to a number of Highland
Valley mining camp orebodies.
About Getty Copper
Corporation
The Company, along with Teck Resources Ltd., is one of the
largest tenure holders in the Highland Valley mining camp, which
lies a short distance west-northwest of the community of Logan
Lake. Getty holds the mineral tenures and subsurface rights
to much of the northern part of the Highland Valley Copper mining
camp, immediately north of Teck's Valley and Lornex open pit mines,
and the past-producing Highmont and Bethlehem open pit mines. Getty's Highland
Valley property includes "Developed Prospects" such as the Getty
North (formerly Krain) and Getty
South (formerly Trojan, South Seas) mineralized zones, both
of which The Company has drilled extensively.
Qualified Person
Charles J. Greig, M.Sc., P.Geo.,
a consultant to The Company, and a Qualified Person as defined by
NI 43-101, has reviewed and approved the technical information in
this news release.
QA/QC
The company has a robust quality assurance/quality control
program that in this program included the insertion of blanks
samples. Samples of drill core were cut by a diamond-blade
rock saw, with half of the cut core placed in individually sealed
polyurethane bags and half placed back in the original core box for
permanent storage. With the rare exception, sample lengths
generally vary from a minimum 0.5-metre interval to a maximum
2.0-metre interval, with an average of 0.5 to 1.0 metres in
mineralized sections of core, where precise identification of the
mineralogical source of metal values is important. Drill core
samples were shipped by courier in sealed plastic bags to the ALS
sample preparation facility in Langley,
BC, and thereafter were taken by ALS to their North Vancouver analytical laboratory. ALS
operates according to the guidelines set out in International
Organization for Standardization/International Electrotechnical
Commission Guide 25. Gold is determined by fire assay fusion of a
50-gram subsample with atomic absorption spectroscopy (AAS).
Samples that return values greater than 10 parts per million gold
from fire assay and AAS (atomic absorption spectroscopy) are
determined by using fire assay and a gravimetric finish. Various
metals including silver, gold, copper, lead and zinc are analyzed
by inductively coupled plasma (ICP) atomic emission spectroscopy,
following multi-acid digestion. The elements copper, lead and zinc
are determined by ore-grade assay for samples that return values
greater than 10,000 ppm by ICP analysis. Silver is determined by
ore-grade assay for samples that return greater than 100 ppm.
*(Oliver, J. 2001) Report on the Geology of the North Valley and
Glossie Mineral Occurrences, Getty
Copper's Highland Valley Project; BCMEMPR Assessment Report
#26763, 35p.
ON BEHALF OF THE BOARD OF DIRECTORS
Philip A Potter, CEO, Director
GETTY COPPER INC.
Phone: 604-931-3231 Fax: 604-931-2814
SOURCE Getty Copper Inc.