Open account

XXIX Intersects 32.7 g/t Gold, 81.4 g/t Silver and .95% Copper over 7.5 Metres at Cooke

XXIX Metal Corp. reported high-grade drill results from the Cooke Zone—including 32.72 g/t Au, 81.41 g/t Ag and 0.95% Cu over 7.5 m (with 142.4 g/t Au over 0.9 m)—that strengthen the case for Cooke as a potential satellite deposit to the Opémiska project. The first 10 holes returned seven intervals >10 g/t Au, supporting continuity of two mineralized zones and the potential to add near-surface ounces that could improve mine-plan flexibility and economics for Opémiska. Market implications are positive for XXIX’s equity and for downstream copper/gold project valuation, with potential modest supportive sentiment for gold and copper exposure in the junior mining sector pending remaining assays and further drilling.

Category

Gold

Sentiment

Bullish

Event

Milestone

Reading time

1 min