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     7824  0 Kommentare Gold Rich Extensions Expand Surface Footprint of Misima Porphyry Prospect, PNG

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 7, 2014) -

    Channel Sampling and Mapping Highlights:

    • porphyry style alteration and mineralisation extensions identified over a 400m by 150m area
    • channel sampling results indicate high gold to copper ratios
    • results include
    49.0m @ 1.65 g/t Au and 310ppm Cu
    56.8m @ 1.48 g/t Au and 253ppm Cu
    52.5m @ 1.80 g/t Au and 129ppm Cu

    Project Further Upgraded - Tier 1 Porphyry Cu Ag Exploration Prospect:

    • high order gold results are associated with outer halo style alteration assemblages
    • the footprint of the porphyry is similar by comparison to other world class projects
    • mapping currently continues to expand the system to the south east
    • drill testing to commence shortly

    WCB Resources Ltd ("WCB" or the "Company") (TSX VENTURE:WCB) is pleased to announce the results of the recently completed channel sampling and mapping at the Misima Porphyry Cu Au Prospect on EL1747 in PNG. This program is part of an ongoing systematic exploration strategy which continues to upgrade the Misima Porphyry Cu Au Prospect in preparation for drill testing.

    Mapping and Channel Sampling Program

    Previous detailed mapping and channel sampling originally identified an area measuring in excess of 800m by 500m within which classic upper level or halo alteration and mineralisation returned highly anomalous copper and gold values (eg 170.9m @ 0.36% Cu, 0.33 g/t Au, 10.10 g/t Ag). These surface results also coincided with a large underlying magnetic high interpreted as possible magnetite alteration, as previously reported. Magnetite can be significant in these systems as it is frequently associated with highly elevated copper and gold grade (eg. Grasberg, Batu Hijau, Golpu, Ok Tedi, Alumbrera, Caspiche).

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    Gold Rich Extensions Expand Surface Footprint of Misima Porphyry Prospect, PNG VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 7, 2014) - Channel Sampling and Mapping Highlights: porphyry style alteration and mineralisation extensions identified over a 400m by 150m area …