Hercules Intersects 338 Meters of 0.47% Cu with Mineralization Increasing at Depth and to the North [Yahoo! Finance]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
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Source: Yahoo! Finance
the " Company ") is pleased to announce new drill intercepts from its Hercules Property in western Idaho (“Hercules” or the “Property”). HER-24-12 has intersected 338m of 0.47% Cu, with the final 154m ending in 0.51% Cu and 104 ppm Mo, marking the first recorded increase in mineralization at depth on the Property. Final assay results reveal the 315m step-out from HER-24-08 ended in strong mineralization, with alteration increasing from phyllic to outer potassic in the latter half. Furthermore, a north-south cross-section (Fig 2) now demonstrates copper and potassic alteration are increasing towards the Grade Creek Zone, where a large untested chargeability and magnetic anomaly presents one of the most compelling targets for a vertically extensive early porphyry center. Highlights Strongest primary mineralization below the enrichment blanket to date. The headline drill hole, HER-24-12, is a 315m step-out, northeast from HER-24-08, which recently intersected 480m of 0.47% Cu, 82 p
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