NEW COPPER TARGETS DEFINED AT 2BAR, NEVADA
Vancouver, B.C. – May 19, 2015 – Discovery Harbour Resources Corp ("DHR" or the “Company”) (TSX-V:DHR) is pleased to announce that it has completed the staking of an additional 135 unpatented lode claims at its 100% owned 2BAR Project in Nevada. The staking completed in March and April, 2015 brings the total land position comprising the 2BAR Project area to approximately 4,367 acres (1,767 hectares), including the patent claims under option to purchase. The new property map is posted on the Company’s website at www.discoveryharbour.com.
NEW COPPER TARGETS DEFINED AT 2BAR, NEVADA
Additional Staking Completed, Copper Trend Extended &
Scandium, Gold, Silver and Zinc Anomalies Emerge
Vancouver, B.C. – May 19, 2015 – Discovery Harbour Resources Corp ("DHR" or the “Company”) (TSX-V:DHR) is pleased to announce that it has completed the staking of an additional 135 unpatented lode claims at its 100% owned 2BAR Project in Nevada.
The staking completed in March and April, 2015 brings the total land position comprising the 2BAR Project area to approximately 4,367 acres (1,767 hectares), including the patent claims under option to purchase. The new property map is posted on the Company’s website at www.discoveryharbour.com.
The purpose of staking additional claims during March was to complete the acquisition of the remaining portion of the targeted unconformity containing the oxide copper mineralization as described in the Company’s press release of January 26, 2015. Those drilling results included:
Drillhole 2B14-06, from 32.8 to 107.0 feet containing a total of 74.2 feet / 22.6m at 1.20% copper, and,
Drillhole 2B14-07, from 7 to 71 feet containing a total of 64 feet / 19.5m at 0.74% copper.
Intervals given are core lengths and may not represent true thicknesses. However, in all seven drill holes where bedding was noted, the attitude of the bedding was within a few degrees of being perpendicular to the core axis. This suggests core lengths are near to true thicknesses.
DHR-held claims now cover an area containing approximately 6.5 miles (10.5 kilometers) of strike length (lateral distance) of the unconformity hosting the mineralization occurring in outcrop and as supported by our 2014 drilling. This lateral distance is deemed as highly prospective to host additional occurrences of copper mineralization. Results from samples collected in the March program indicated the need to stake an additional six claims during April to contain a copper-in-soil anomaly developed from the March sampling.
In the process of staking the claims, soil samples were collected from all four corners of each new claim and from the midpoints of the long dimensions of each claim. This resulted in a sample grid of approximately 600’ x 750’. In addition to the soils grid sampling, stream sediment samples were collected at points where claims lines crossed primary and secondary drainages. During the August, 2014, March and April 2015 staking, a total of 581 soil samples and 67 stream sediment samples were collected and submitted to ALS Global in Reno, Nevada for preparation and analysis (also see DHR press release dated August 11, 2014).
DHR’s primary corporate focus is the discovery and delineation of a copper oxide resource of sufficient size to justify the development of a cash flow generating operation. The sampling completed to date has successfully advanced this goal. DHR has been encouraged that the sampling has also provided strong indications of a proximal porphyry copper system. The August, 2014 sampling survey produced new copper anomalies from soils, two of which were coincident with gold-in-soil anomalies, and one copper anomaly yielded coincident gold-molybdenum-tin responses, suggestive of a porphyry source area. Additionally, the March and April sampling produced strong zinc-in-soil anomalies located peripheral to and stratigraphically above the interpreted 2014 porphyry signature. This type of zoning is commonly associated with porphyry deposits.
To supplement the geochemical results from last year, the analysis of sampling from March and April this year show additional quality responses for copper, scandium, silver, zinc, and gold. On the east side of the claims group, another porphyry style anomaly was discovered with coincident gold, tin, tungsten and bismuth in soils.
The 2BAR claims group holds a diverse and compelling variety of elemental anomalies contained in the residual soils. It is important to note that the primary (rock) sources of soil-derived responses are commonly ten or more times the reported values of their weathered soil residuum.
The main objective of the soil sampling was to determine if additional indications of copper occurrences existed within the bounds of the claims group, in particular, along the strike of the contact between the younger Tertiary felsic volcanics and the older Jurassic mafic volcanics (the unconformity / oxide zone).
In the Upper Zone at 2BAR, the copper occurs within the unconformity. DHR hypothesized that this contact zone should contain additional occurrences of copper mineralization. As predicted, new, strong copper-in-soils anomalies were developed along the exposed unconformity. Assay values from soils in this zone average 336 ppm copper, with a maximum value of 2,970 ppm (0.29% Cu).
Other anomalous areas that have been developed for their copper potential are: (see copper map above)
South 2BAR Prospect where reconnaissance field investigation found outcropping mineralization. Chip-channel samples from this 12.5 foot wide zone averaged 1.3% Cu.
At this point in time, DHR is uncertain of the primary source(s) of the scandium-in-soils anomalies that occur on the property. It is important to recall that these results are from soils. The primary source lithologies commonly contain ten or more times the values assayed from the residual soils.
An interesting observation is the location of numerous of the scandium peak values with the 2BAR and the South 2BAR areas. Noting that the copper mineralization occurs dominantly in the unconformity (oxide zone), there appears to be coincidence of scandium elevation within this zone as well.
The discovery of scandium within the property requires an in depth evaluation given the high value of scandium oxide. The maximum scandium-in-soils response of 25.8 ppm,(25.8 grams) occurs in the eastern portion of the property. The sample site is located just below the contact-oxide zone / unconformity. These scandium occurrences will be evaluated through reconnaissance exploration during the summer program.
The highlight of the recent soil sampling program is the development of new and notable copper-in-soils anomalies along unexplored portions of the exposed unconformity. Also, the new scandium occurrences, described above and zinc, silver and gold anomalies have emerged within the claims group. A detailed description of these results with maps will be posted on the DHR website later in May.
Bruno Hegner, President & CEO of Discovery states; “The acquisition of these new claims secures the Company’s land position on a highly prospective target that the Company confirmed through drilling in November of last year. As with the results of our sampling last summer during the staking process, I am pleased we have identified, not only new prospects, but most importantly, we have demonstrated that the probability of additional copper anomalies continuing along the strike of the unconformity is a valid hypothesis. We will diligently continue to explore these new occurrences of anomalous copper-in-soil responses contained within the unconformity.
Our program for 2015 involves detailed geophysical surveying in the Upper Zone to assist in the efficient placement of exploration drill holes, ground follow-up of soil and stream anomalies and, of course, drilling to further delineate the high grade copper oxide zone. Our drill program has three goals:
Confirm that the geophysical signatures discovered from the IP and airborne gradiometer surveys correspond with copper mineralization and are a reliable tool for targeting future drill holes;
Our current project concept is to identify a copper resource that will be amenable to heap leaching and solvent extraction / electrowinning production. Our goal is to justify the establishment of a small-scale, low-cost copper production operation within a reasonable time frame.”
The analysis of the stream sediment and soil samples was performed at ALS Global using standard preparations for sediment samples for ICP analysis. All samples were analyzed using ALS Global’s aqua regia and weak acid digestion, code #ME-MS41L and #ME-MS41 (both 51 element). All samples were collected and transported to ALS Global in Reno, Nevada by Carlin Trend Mining Services from Elko, Nevada. Chain of custody for the samples was maintained by Carlin Trend personnel.
Michael J. Senn, a licensed professional geologist, is the Qualified Person for Discovery Harbour Resources as described in National Instrument 43-101 and has reviewed and approved the technical contents of this release.
For further information, contact Kieran Magee by telephone at (778) 945-2958 or by email at Kieran@discoveryharbour.com
ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.
Frank D. Hegner
Disclaimer for Forward-Looking Information
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