Kutcho Copper Provides Update on Geophysical Programs and Preliminary Target Generation

VANCOUVER, British Columbia, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Kutcho Copper Corp. (TSXV: KC, OTCQX: KCCFF) (“Kutcho Copper” or the “Company”) is pleased to announce it has completed airborne geophysical surveys over its entire prospective package of mineral rights that already hosts three volcanogenic massive sulphide (“VMS”) copper-zinc deposits – Main, Sumac and Esso. The objective of the recently completed airborne geophysical programs was to test for:

• Potential extensions to the three known massive sulphide deposits;
• Potential new massive sulphide deposits in the vicinity of the three known deposits, particularly immediately west of the highest-grade Esso deposit; and
• Potential for new deposits in areas where the prospective stratigraphy is repeated to the south of the main trend by folding and faulting.
  

Vince Sorace, President & CEO of Kutcho Copper comments: “Given that VMS deposits tend to occur in clusters, and that historical geophysical surveys had limited coverage and depth penetration, we believe there is potential for new discoveries in all three categories noted above. We have been able to demonstrate the depth penetration ability of the ZTEM method is in excess of 800m and have used the preliminary survey results to focus a seismic survey at Esso West. The correlation of the preliminary ZTEM and seismic data is very encouraging at Esso West and this combination of surveys will aid in drill targeting. We are further encouraged that several more ZTEM and VTEM targets exist across the Project including some in areas that have never seen prior exploration activity. We are looking forward to seeing the final data and completing our modeling and interpretation to feed into our drill targeting.”

Preliminary Results

Geophysical surveys have now been completed. Based on preliminary field interpretations, the ZTEM survey has detected an anomaly somewhat shallower than Esso and to the west, suggesting some of the deeper historical drilling that did intersect anomalous copper and zinc in this area may have passed down dip of this anomaly.

In addition, the preliminary field interpretations of the ZTEM and VTEM data over the prospective, repeated stratigraphy to the south of the Main-Sumac-Esso trend also appears to have detected several anomalies in previously unexplored areas. Detailed interpretations are in process for the entire data set.

Building on the results of the VTEM and ZTEM surveys around the Esso deposit, Kutcho Copper is amidst completing a deep-penetrating seismic survey and preliminary results appear to be delineating the main known geologic features. Kutcho has also deployed geological personnel to site to re-examine historic drill core (where available) from holes in the vicinity of newly defined ZTEM anomalies from the preliminary data to help vector towards, and define, drill targets and complete field surveys over the Esso West and regional targets. Further and final results from both geophysical surveys and other targeting methodologies will be released in the coming weeks.