CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.
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MAJOR NEW COPPER DISCOVERY
August 8, Voyager Resources Limited (ASX:VOR) --
Highlights include:
The Company is extremely pleased to announce that initial assay results have been received from the first three Reverse Circulation (RC) drill holes completed on the Cughur Discovery at the KM Copper Porphyry Project in the South Gobi Region of southern Mongolia. These drill holes confirm a major new high grade copper discovery.
Ø Drilling at the Cughur Discovery has returned exceptional results, with all three (80m deep) RC holes ending in high grade copper mineralisation. Results include:
§ 66 metres at 1.48% copper and 5.4 g/t silver from 14 metres to end of hole (KM0011RC)
§ 50 metres at 3.51% copper and 10.8 g/t silver from 30 metres to end of hole (KM0012RCD)
§ 10 metres at 4.06% copper and 16.2 g/t silver from 70 metres to end of hole (KM0013RCD)
Ø Two RC holes have recently been extended by diamond core drilling with copper mineralisation of varying intensity being geologically logged as follows:
§ KM0012RCD, strong chalcocite to 86.5 metres with weaker chalcocite and moderate chalcopyrite to 156 metres depth
§ KM0013RCD, strong chalcocite to 84.0 metres with weaker chalcocite and moderate chalcopyrite to 118 metres depth
Ø The Cughar Discovery remains open at depth and along strike.
Ø Further geological mapping of the Cughar Discovery has extended the alteration zone to an area covering 4.6km x 1.6km.
Ø Three drilling rigs are now operating on the KM Copper Porphyry Project, with numerous other targets being drill tested. To date 40
Ø RC holes and three diamond tail extensions have now been completed over four separate prospects for over 4,000 metres of drilling. Many drill holes are intersecting porphyry style copper mineralisation over broad intervals. Drilling is continuing to focus on the Cughur Prospect area where drilling has intersected broad expanses of mineralised quartz tourmaline breccias (>100 metres).
Ø Voyager is fully funded with $9.67 million in cash reported at the end of the June quarter.
…
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"Mogi" Munkhdul Badral
Executive Director
CPS International LLC
Telephone/Fax: +976-11-321326
Mobile: +976-99996779
Email: mogi@cpsinternational.mn
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Central Tower · 12th Floor · Left Wing · 2 Sukhbaatar Square
Sukhbaatar District 8 · Ulaanbaatar 14200 · Mongolia
CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.
Disclosure/Disclaimer
CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.
CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.
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