Canada One Receives 5-Year Drill Permit for Copper Dome Project | COMCF Stock News

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4 days ago
  • Canada One Mining Corp (TSXV: CONE) (OTC Pink: COMCF) secures a 5-year exploration drilling permit for its Copper Dome Project.
  • The 2023 discovered Boundary Zone is set to be the primary focus for upcoming drill targeting.
  • Historical drill results include copper grades of up to 1.5% and proximity to Hudbay Mineral's Copper Mountain Mine provides strategic advantages.

Canada One Mining Corp (TSXV: CONE) (OTC Pink: COMCF) has received a critical 5-year exploration drilling permit from the British Columbia Ministry of Mining and Critical Minerals for its Copper Dome Project, located in Princeton, British Columbia. This permit allows the company to continue with its exploration endeavors, emphasizing the newly discovered Boundary Zone.

The Copper Dome Project, entirely owned by Canada One, has historically shown promising drilling results. A 2007 assessment in the Friday Creek Zone highlighted 156 meters of 0.09% copper (Cu), including higher-grade sections with 10 meters at 0.7% Cu and 0.8 grams per tonne (g/t) gold (Au). Additionally, the Combination Creek Zone, drilled in 2010-2011, revealed copper grades of up to 0.28%.

Canada One is focusing its efforts on the recently identified Boundary Zone, located approximately 1.5 kilometers from the Copper Mountain Mine, operated by Hudbay Minerals, and 500 meters northwest of previous drilling zones. This strategic positioning is set to enhance the project's exploration prospects.

The Copper Dome Project resides in the Quesnel Trough porphyry belt, a renowned mining district known for its rich mineralization, including copper, palladium, platinum, and gold. The company plans to utilize the upcoming 2025 field season to prioritize specific drill targets using geological, geochemical, geophysical, and structural data.

Canada One Mining Corp remains committed to expanding its resource base and adding value for its shareholders while respecting the cultural heritage and relationships of the Smelqmix People, on whose traditional territory the project is located.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.