Tous Actualités
Suivre
Abonner ICS Copper Systems Ltd

ICS Copper Systems Ltd

Mokambo Project Sulphide Drill Program has Commenced

Abbotsford, Canada (ots/PRNewswire)

Sulphide Drill
Program
The company is pleased to announce that the first hole testing
sulphide mineralization at Mokambo Copper Property in Zambia's Copper
Belt  has been completed in the area of the sulphide historic
estimate. A NI 43- 101 Technical Report on the Mokambo Property,
prepared in part by David  Makepeace, M.Eng., P.Eng., a director of
the Company and its acting Chief  Operating Officer, who is a
qualified person as defined by NI 43-101,  states that the work by
prior operators had generated a Sulphide Historical  Indicated
Estimate of 12 million tonnes grading 1.72 % total copper and a
Sulphide Historical Inferred Estimate of 12 millions tonnes grading
1.47 %  total copper (Geomin, 1976). No cobalt assaying was recorded
in the  historical drill logs the Company has acquired and hence were
not part of  the generated historic estimate. The Company advises
that a qualified  person has not done sufficient work to classify the
historical estimates as  current mineral resources and ICS is not
treating the historical estimates  as current mineral resources, and
that the historical estimates should not  be relied upon (NI 43-101,
Sec 1, 4.2 (2b)).
Oxide Drill Program
The Company's shallow (120 meter) drill program, testing the
near  surface, oxidized portion of the Mokambo mineralization is
nearing  completion. The Company plans to compile all the drill and
geological data  in order to produce a NI 43-101 Technical Report on
this portion of the  program.
This news release includes a map identifying the shallow holes
that  have been drilled over the property which is overlaid by
contours  illustrating total copper mineralization identified by
assays to-date.  While it is not yet possible to determine the total
potential of the  shallow mineralization, it can be noted however
that a thicker than  expected "transition zone" has been located
below the oxide zone. To view  map please access following link:
http://www.icscopper.com/_resources/ODDP_Map.pdf
The transition zone is composed of chalcocite and bornite with
malachite on fractures and a minor amount of chalcopyrite. ICS plans
to  determine if a continuous vat leach process can be used to
process the  oxide mineralization. The Company will also run a series
of preliminary  metallurgical tests on the transition zone material
that has been  intersected by the drilling to determine its leach
characteristics. If the  results indicate good recovery of the
chalcocite and bornite, the  transition zone might be added to the
evaluation of the oxide material.
Graham Chisholm, President and CEO comments "We hope to be able
to  move the historic sulphide inferred "estimate" on the Mokambo
Property into  a NI 43-101 compliant resource category as well as
report further on the  oxide cap within the near future."
David Makepeace, P.Eng. M.Eng, a director of the Company and its
acting Chief Operating Officer, a qualified person as defined by
National  Instrument 43-101, supervised the preparation of the
technical information  in this news release.
ICS COPPER SYSTEMS LTD.
Signed "Graham Chisholm"
Graham Chisholm, President & CEO
This release includes certain statements that are
"forward-looking  statements". All statements in this release, other
than statements of  historical facts that address future exploration,
development and  production activities, and other circumstances,
events and developments  that the Company expects, are
forward-looking statements. Although  management believes the
expectations expressed in such forward-looking  statements are based
on reasonable assumptions, such statements are not  guarantees of
future performance, and actual results, events and  developments may
differ materially from those in the forward-looking  statements. The
occurrence of certain risk factors, the probability of  which is
unknown, may also affect actual results, events and developments
expected by the Company.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Web Page: http://www.icscopper.com/

Contact:

For further information: Graham Chisholm, graham@icscopper.com,
Office:
+1-604-859-3007, Cell: +1-604-302-0746; For Investor Relations: Brett
Whitelaw, brett_whitelaw@telus.net, Tel: +1-604-662-8633

Plus de actualités: ICS Copper Systems Ltd
Plus de actualités: ICS Copper Systems Ltd
  • 30.01.2008 – 14:35

    ICS Signs Confidentiality and Exclusivity Agreement Re: Sebembere Mine in Zambia

    Abbotsford, British Columbia (ots/PRNewswire) - ICS Copper Systems Ltd. (ICX:TSX.V) is pleased to announce that it has signed a confidentiality and exclusivity agreement with Baluba Building Construction Limited with regard to the small scale mining licence SML 389 which covers the Sebembere Mine in the Central Province of Zambia, 21 km north-west of Kabwe. ...

  • 28.01.2008 – 14:38

    Mokambo Project - Near Surface Drill Results Update - Cobalt Identified

    Abbotsford, Canada (ots/PRNewswire) - ICS Copper Systems Ltd. (ICX:TSX.V) is pleased to announce new assay results on their Mokambo Project situated in Mufulira, Zambia. The 2007-2008 shallow drilling program is 70% complete with respect to the initial delineation drill program. Assay results are still backlogged and cover only 25% of the drill program. The ...

  • 04.12.2007 – 22:39

    Mokambo Mine Announces Initial Assay Results

    Abbotsford, Canada (ots/PRNewswire) - ICS Copper Systems Ltd. (ICX:TSX.V) is pleased to announce the initial assay results from the diamond drill core program at the Mokambo Mine situated in Mufulira, Zambia. The best intersections are as follows: Road Number 1 is at the extreme west portion of the concession and at the outer edge of the main oxide copper zone. Hole Number From To ...