Logan Copper Inc.: 2010 Exploration Results and 2011 Outlook
25 Febrero 2011 - 6:30AM
Marketwired Canada
Logan Copper Inc. (the "Company" or "Logan Copper"), (TSX VENTURE:LC) has begun
detailed field analysis of the mineralization potential of the Dansey, Midway
and Bertha Molly Properties near Logan Lake, BC. Extensive ground geophysics
followed by diamond drilling of specific anomalies has proven successful and
will be continued in the 2011 exploration program.
The Logan Copper technical staff is continuing to conduct a detailed historical
review of all previous exploration and production work on the whole Logan Lake
property tenures owned by the Company and have now identified 4 key areas of
increased potential for success. The geophysical crew is currently on the Bertha
Molly prospect beginning the 2011 work program with 60 to 70 line kilometers of
proton magnetometer, VLF-EM grids and trench sampling of new and existing
showings. Diamond drilling of 8 new deeper holes to test deeper anomalies will
commence in the spring, weather permitting.
Logan Copper found encouraging copper assays in the 2010 diamond drilling
program. Drill targets were located by coincident MMI soil sampling and ground
geophysics. Drill holes 10-LCD-19 and 10-LCD-20 from the 2010 exploration
program will be logged and sampled for assay as soon as weather permits. The
following drill core assay summaries highlight the copper results from the 2010
drilling that was analyzed.
Hole ID From (m) To (m) Interval(m) Interval (ft) %Cu
----------------------------------------------------------------------------
09-SND-15 0.00 181.05 181.05 594.00 0.100
including 124.47 124.64 0.17 0.56 0.452
including 186.30 187.04 0.74 2.43 0.117
including 195.30 195.96 0.66 2.17 0.145
206.11 EOH
10-LCD-16 73.76 84.43 10.67 35.00 0.104
including 83.82 84.43 0.61 2.00 1.175
105.31 284.68 179.37 588.50 0.101
including 122.38 122.99 0.61 2.00 1.343
including 193.24 193.85 0.61 2.00 0.679
including 269.75 284.68 14.94 49.00 0.477
284.68 EOH
10-LCD-17 81.08 81.99 0.91 3.00 0.114
96.32 98.15 1.83 6.00 0.104
100.58 104.55 3.96 13.00 0.101
including 103.48 104.09 0.61 2.00 0.544
136.86 159.41 22.56 74.00 0.101
including 147.68 148.74 1.07 3.50 0.733
168.25 179.10 10.85 35.60 0.102
Hole ID From (m) To (m) Interval(m) Interval (ft) %Cu
----------------------------------------------------------------------------
10-LCD-17 182.42 184.56 2.13 7.00 0.108
Con't 186.93 187.54 0.61 2.00 0.114
189.95 191.72 1.77 5.80 0.137
206.81 208.79 1.98 6.50 0.128
220.98 225.86 4.88 16.00 0.104
251.16 300.84 49.68 163.00 0.102
313.33 313.94 0.61 2.00 0.105
315.35 EOH
10-LCD-18 24.99 26.52 1.52 5.00 0.129
32.61 34.44 1.83 6.00 0.141
46.63 47.55 0.91 3.00 0.127
94.18 109.73 15.54 51.00 0.117
159.11 178.60 19.49 63.96 0.102
including 178.00 178.60 0.60 2.00 0.541
192.35 198.00 5.65 18.54 0.108
234.35 246.35 12.00 39.37 0.100
including 238.35 239.35 1.00 3.28 0.703
253.35 254.00 0.65 2.13 0.166
268.53 EOH
("EOH" designates the end of hole depth of the drill hole.)
The significant copper drill intersection appears in 10-LCD-16 which coincides
with a ground magnetometer and VLF anomaly outlined by the 2010 geophysical
program, which has also identified other anomalies that we intend to drill in
2011.
Terry Garrow, P.Geo., a Qualified Person by the standards of National Instrument
43-101, has reviewed the results obtained and approved the technical information
included in this news release.
Logan also wishes to announce that the investor relations agreement with Ethos
Consulting has expired effective February 18, 2011 as per the terms of the
contract. We thank Ethos for their efforts on behalf of Logan Copper Inc.
On behalf of the Board of Directors of LOGAN COPPER INC.
Thal S. Poonian, CEO/President/Director
Logan Copper Inc. (TSXV:LC)
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