09:25 AM EST - CopperCorp Resources Inc. : Provided an update on its two large district sized exploration tenements in Tasmania , the Arthur Metamorphic Complex Project ("AMC" - 1,066km 2 ) and the Skyline Project ("Skyline" - 334km 2 ), including a review of current and planned fieldwork. The drilling program at Alpine will be expanded from 4,200m to 10,000m to enable continued testing of the Alpine Stellar zone and first drilling into the new high-priority step-out targets; First assay results from CopperCorp's drilling at the Stellar zone are being received and are currently under review prior to release; CopperCorp continues a strategy to increase the mineralization footprint at Alpine towards developing a mineral resource, while also developing and advancing its pipeline of high quality greenfields exploration targets towards drilling; First pass soil geochemistry survey identifies multi-element soil anomalism over the Alpine West geophysical target, directly along strike from known Iron Oxide Copper Gold (IOCG) style mineralization at the Stellar zone; New 3D geophysical modelling of gravity and magnetic data confirms potential for a large scale IOCG system at Alpine with new drill targets identified; Several high-priority regional exploration targets identified within both the AMC and Skyline Project areas, with reconnaissance field work commenced and planning and permitting for ground and drilling exploration programs underway; The Company is building its team to support this activity and anticipates hiring at least two more geoscientists in the next several weeks. CopperCorp Resources Inc.
shares V.CPER are trading up 3.26 percent at $0.48.
