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Share Name | Share Symbol | Market | Type |
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Logan Copper Inc. | TSXV:LC | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Logan Copper Inc. (the "Company" or "Logan"), (TSX VENTURE:LC) wishes to report that drilling on the "Dansey" copper property, contiguous to Teck Resources Ltd. "Highland Valley" producing copper mine, has intersected a copper-pyrite mineralized zone on all holes drilled to date on the property. 2010 drilling is proceeding on schedule, with two diamond drill holes completed at this time and a third hole currently being drilled for a total of up to 3000 metres of drilling this year. 2010 drilling and detailed ground geophysical programs on the "Dansey" property are designed to test the newly discovered "Northern" and "Midway" Anomalies discovered at depth below previous drilling in 2008. A total of 300 drill core samples are currently at the laboratory undergoing a 32 element ICP and fire assay analysis. Geological and structural analysis is now underway on the "Dansey" property to complete a surface geological map. Drill holes from 2008-2009 are currently being re-logged and vertical sections will be created showing geological and mineralogical interpretations with the goal of the eventual identification of a resource. Field geophysical and geological field crews are expected to complete the 2010 "Dansey" drill program on or about November 30, 2010. Logan Copper's President and CEO, Thal S. Poonian, stated "Drilling is moving forward on schedule and we are encouraged by the intersection of a copper-pyrite mineralized zone in all drill holes so far. Drill cores are currently undergoing a detailed analysis and assay results are expected to be available shortly. A comprehensive geological mapping and ground geophysical program is currently ongoing to provide additional insight on the property when combined with upcoming drill results." A map of the "Dansey" property and other information is available on the Company's website at: http://www.logancopper.com/Properties/dansey.php Terry Garrow, P.Geo., a Qualified Person by the standards of National Instrument 43-101 has reviewed the results obtained and approved the contents of this news release. About Logan Copper Inc. Logan Copper Inc. is a Canadian copper exploration and development company. Our primary assets include the "Dansey" and "Lost Mine" copper properties, located between Kamloops and Merritt in British Columbia; and are contiguous to Teck Resources Ltd. "Highland Valley" copper mine. The Company is listed on the TSX-Venture Exchange under the symbol LC. The company currently has 22,633,440 common shares issued and outstanding. On behalf of the Board of Directors of LOGAN COPPER INC. Thal S. Poonian, CEO/President/Director
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