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     270  0 Kommentare Savant Confirms Drill Target on its Frazier Creek Copper Porphyry Property, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 25, 2014) - Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") has outlined a high priority drill target on its Frazier Creek Property, Nevada. Detailed mapping of the intensely silicified and hydrothermally dolomitized limestone that extends over a 1.8 km x 0.8 km area confirmed the mineralization system to be near vertical and not disrupted by extensional faulting. The previously reported widespread anomalous copper and molybdenum values were confirmed.

    The drill target outlined at Frazier Creek adds to the two drill targets identified by Savant on its Buckhorn Property, located in Arizona. With the confirmatory surface work completed, permitting is now underway to carry out an initial drill program later this year.

    The work completed by Savant at Frazier Creek was part of an initial field exploration program on its portfolio of three copper porphyry properties in the Southwest U.S. that also included an Induced Polarization (I.P.) survey on the Buckhorn property and a CSAMT geophysical survey on the Jasper Canyon property, both located in Arizona.

    Frazier Creek

    Mapping and sampling programs on the Frazier Creek property confirmed that areas of strongest copper and molybdenum mineralization are associated with intense silicification and narrow sulphide-mineralized structures within a pervasive fine stockwork of quartz veining. Selected grab samples collected from these structures contained values ranging from 1.1% Cu to over 3.0% Cu. The presence of anomalous copper and molybdenum and intense silicification and dolomitization strongly suggests this large area is the "lithocap" to a buried copper - molybdenum bearing porphyry deposit lying within a few hundred metres of surface. Mount Hope, one of the largest and highest grade molybdenum-copper deposits in the Americas, is located eight kilometres to the south of the property. A plan map of the geology and a hypothetical cross section are available at www.savantexplorations.com.

    Buckhorn

    As previously reported (see Savant`s news release dated June 17, 2014), an I.P. survey on the Buckhorn property outlined two chargeability anomalies that warrant drill testing. One of the anomalies coincides directly with an exploration target that was established by the presence of key surface indicators of porphyry copper mineralization - this coincidence suggests that the anomaly may be related to a buried copper porphyry body. A plan map showing the I.P. results and a fence diagram of the IP chargeability section with superimposed geology can be found at www.savantexplorations.com. In response to the survey results, Savant expanded the size of the Buckhorn property by staking additional claims to cover the western extension of the IP anomaly.

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    Savant Confirms Drill Target on its Frazier Creek Copper Porphyry Property, Nevada VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 25, 2014) - Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") has outlined a high priority drill target on its Frazier Creek Property, Nevada. Detailed mapping of the intensely silicified and …

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