Copper Reef Mining Corporation (CNSX: CZC) wishes to announce that it has received assays from a preliminary sampling of the Parres Vein on its 100% owned Otter Lake Property (the Property). The Vein which averages 80 cm wide is exposed over 100 m before buried beneath soil cover at each end. Ten samples along a 90 m section were taken at roughly every 10 meters intervals. The results indicate high grade gold mainly associated with galena and minor pyrite and chalcopyrite. From northeast to south west along the strike of the vein the results in grams per tonne gold are as follows: 7.17, 0.83, 33.90, 33.89, 49.50 114.20, 46.61, 24.61 3.10, and < 0.03. The most westerly sample taken of a barren portion of the vein did not carry but a 50 m section averaged over 35 grams gold per tonne (over 1.0 ounce gold /ton). Other similar veins in the same area were observed to contain galena but remain to be sampled systematically after they are better exposed and mapped. The Otter Lake Property has a 1% NSR payable to Bruce Murray a local prospector.
Full Release attached in PDF Format
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