Issue link: http://resourceworld.uberflip.com/i/392638
o c t o b e r / n o v e m b e r 2 0 1 4 www.resourceworld.com 39 valley which will pretty well complete this year's field work." Tempelman-Kluit said the main objec- tive in the drilling was to build tonnage and increase the grade. "After receiving the drill results we will be modeling and working on a plan for future drilling," he said. "This summer's drilling combined with last year's drill results have significantly expanded the discovery. Even with all the drilling we have done, there is still much "blue sky" around the sides and to depth." This summer's drill program was focused on defining the size of the miner- alized system in advance of infill drilling for resource definition. Surface work extended visible surface mineralization at multiple targets on the property, including Pyrrhotite Creek and Star North. To date, the copper-gold deposit mea- sures 550 metres north-south and 350 metres east-west. The recent drilling has extended mineralization to depth with the deepest hole, S037, reaching 664 metres and leaving the Star open to expansion. Continuity to the north is implied by these and earlier drill results and by chargeabil- ity and magnetic data. The new drilling also identified a pre- viously unknown zone of highly silicified gold-bearing rocks at depth in hole S037 (12m of 2.33 g/t Au) and near surface in hole S038 (12m of 2.11 g/t Au). The sur- face oxidized zone above primary sulphide mineralization is dominated by copper minerals malachite and azurite with local native copper. It was intersected in several holes broadening the known high-grade secondary material. Pete Bernier, President and CEO, said, "In less than a year the company has nearly tripled the drill data and has grown the Star target laterally and to depth. As a result, the Star has developed into one of British Columbia's new copper gold project dis- tricts, with several new targets defined for future drilling including Star North, Star East, Copper Creek and Pyrrhotite Creek." The property is underlain by volca- nic and sedimentary rocks of the Upper Triassic Stuhini Group, which are intruded by a small quartz monzodiorite stock. This is a similar geologic setting to other Stikine Arch copper-gold deposits, includ- ing the Imperial Metals Red Chris deposit that hosts a 2012 measured and indicated resource of 936 million tonnes grading 0.37% copper and 0.385 g/t gold. Imperial Metals has just completed building the Red Chris Mine which will be commis- sioned in the near future. The 6,800-hectare property is 80% optioned from Firesteel Resources Inc. [FTR-TSXV]. Prosper Gold can earn its interest by making cash payments to Firesteel of $1 million, issuing 1 million shares and incurring exploration expen- ditures totaling $5 million, all over four years. n TSXv:CCE / FSE:D7H www.commerceresources.com