FABLED COPPER'S (CSE: FABL) LADY LUCK REPORTS HIGH-GRADE COPPER INCLUDING 14.30 % COPPER OVER 4.60 METERS
Fabled Copper Corp. (CSE: FABL) has released the first results of 2021 surface fieldwork on its Muskwa copper project, comprising the Neil property (previously referred to as the North block) and the Toro property (previously referred to as the South block) in northwestern British Columbia. The company also holds rights to the Bronson property.
Peter J Hawley, President and CEO of Fabled reports; "We start the new year with the reporting of our findings on the Lady Luck occurrence located at the southern end of the Neil Property. See Figure 2 below. As you will see, the high grade copper occurrence has certainly been well named with a total of 16 surface samples collected by the old fashioned, boots on the ground, high altitude sampling of the vein structure over a vertical distance of 444 meters starting at an altitude of 1,320 meters."
Of the 16 samples collected, 3 reported no values, 10 greater than 1%, copper, 5 greater than 5% copper, 5 greater than 10% copper and 2 greater than 20% copper, (1% copper = 22.20 pounds). See Table 1 below.
Sample # D-723002 taken at the lowest elevation of 1,320 meters was composed of quartz veining, breccia and stockwork, with black shale fragments in a white quartz matrix which is mineralized with patches and seams of copper sulphides measuring 5% (bornite - chalcopyrite), abundant malachite staining, and returned 8.17% copper over 0.15 meters of exposed veining thru the valley floor rubble. See Table 1 below.
Sample # D- 723260 was taken 87 meters vertically above D-723002 at a vertical elevation of 1,407 meters where the Lady Luck Structure surfaced again. A grab sample of the rubble at the base of the structure returned 20.20% copper, The sample consisted of weathered, dark brassy brown quartz on the surface and mottled white, brassy yellow on a fresh surface. Moderate malachite, and contained 60% chalcopyrite. See Photo1, 2, Table 1 below.
At the 1,411-meter elevation, only 4 meters above of that previously described, 2 float samples, D-723259 and D-723258 were taken and reported 2.80 % copper and 1.91% copper respectively. See Table 1 below.
The next mineralized occurrence of the vein structure was at 1,679 meters, 268 meters vertically above, where rubble sample D-723250 returned 3.28% copper. See Table 1 below.
At 1,715 meters the mineralized structure continued and rubble sample D-723005 assayed 26.10% copper, 36 meters vertically above that which was last sampled. This incredible copper sample consisted of semi-massive sulphides, rusty dark - light brown on the surface, minor malachite staining, 95% sulphides, 2% quartz, 3% sheared shale host rock. See Photo 2, Table 1 below.
At the final vertical elevation of 1,764 meters, 24 meters above that last sampled two samples were taken,
A grab sample, # D-723003, taken at the base of the mineralized outcropping of the Lady Luck vein structure and returned 16.50% copper. The sample contained a white quartz carbonate vein with patches of carbonated ribboned with seams and patches of sulphides and iron carbonate, limonite alteration common, vuggy with crystal growth in the cavities, abundant malachite staining, non-magnetic, 6% sulphides, (chalcopyrite - bornite), see Photo 3, Table 1 below.
At the same vertical elevation, a composite sample D-723004 was taken over a total of 4.60 meters which returned 14.30% copper.The area sampled consisted of a quartz carbonate vein, with white quartz containing patches of iron carbonate, abundant malachite staining, 7% copper sulphides as semi-massive patches, blebs and disseminated chalcopyrite and bornite.
Needless to say, the impressive grades over 444 meters vertically on the Lady Luck certainly warrants following up in the 2022 season. The Lady Luck vein structure has never been drilled and remain open in all directions.
Disclaimer: Fabled Copper (CSE: FABL) is a paid marketing client*