NEWS
Copper   Universites  

University study confirms porphyry systems at Jaxon’s BC project

Quartz tourmaline breccia has been identified as indicative of porphyry systems at Jaxon Mining’s (TSXV: JAX) Red Springs project in western Canada.

The finding follows an analysis carried out by C.E. Beckett-Brown, a PhD candidate at Harquail School of Earth Sciences at Laurentian University.

According to Jaxon, the academic report also identifies other occurrences of tourmaline which have proven to be indicators of porphyry-style mineralization at different locations around the world. 

“These other systems become analogs to the porphyry systems now under exploration at Red Springs,” the company said in a media statement.

Located in the northwestern part of the province of British Columbia, Red Springs sits on Jaxon’s Hazelton property, which spans more than 42 hectares and is prospective for high-grade gold-cobalt tourmaline breccia mineralization and associated large copper porphyry systems. 

“The mineralization type at Red Springs is the first of its kind in this area of British Columbia and is analogous to other well-known world-class tourmaline breccia porphyry copper deposits such as the EI Teniente porphyry copper deposit (over 75 Mt copper metal) in Chile and the Soledad porphyry copper-gold deposit in Peru,” the miner said.

News No: 5155
Date: 2019/07/14 - 17:45
News Source: MINING.COM

Jaxon Mining  Canada  University  British Columbia  copper 

Comments:

Leave a Comment:

   
   
   
 

Newcrest secures water supplies for Cadia mine

Newcrest Mining Ltd on Wednesday said it had achieved sufficient water levels at its Cadia gold and copper mine, easing production-related concerns at the New South Wales-based project for at least two years.
 

Antofagasta cuts dividend on virus uncertainty

Antofagasta on Tuesday cut its 2019 final dividend by $70 million citing uncertainty due to covid-19 restrictions in place in Chile, as miners globally fight supply chain disruptions and production halts.
 

Canadian Mining Eye index drops 29% in Q1 — report

Wordwide, mining companies are facing disruptions in supply chain, parts and consumables as a result of near-global government directives to contain the covid-19 pandemic.
 

Second copper cold rolling mill from sms group started operation at jintian ningbo copper

SMS group has commissioned another new copper cold rolling mill at the Chinese copper manufacturer Jintian Ningbo Copper Co., Ltd. in the Chinese province of Jiangsu.
 

Ferts: East/south Africa supply maintained — IFDC

The International Fertilizer Development Centre's (IFDC) latest Covid-19 Fertilizer Watch says the overall impact on supply and distribution of restrictions in east and southern Africa is not significant.
 

Updated feasibility boosts economics for Copper Mountain’s Eva project

Copper Mountain Mining has improved the economics of its Eva copper project in Queensland, Australia, with an updated feasibility study showing a longer mine life, increased production and lower cash costs.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners