Colorado Resources Drills 242 m of 0.63 % Copper and 0.85 g/t Gold in First Drillhole on its North ROK Property
COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") is pleased to announce the results of the first of two drill holes recently completed on its 100 % owned North ROK property located approximately 190 kilometres north of Stewart B.C and along Highway 37 south of the village of Iskut.
The property is underlain by volcanic and sedimentary rocks of the Upper Triassic, Stuhini Group to Lower Jurassic, Hazelton Group in a similar geologic setting to Imperial Metals Red Chris mine development (15 kilometres to the southeast) which has proven and probable reserves of 301.5 million tonnes grading 0.359 % copper and 0.274 g/t gold.
- Published: 25 April 2013
- Written by Editor