Montezuma Mining Company
Full Montezuma Mining Company profile here
Montezuma Mining Company (ASX: MZM) has in excess of 3,000 km2 of exploration tenure in Western Australia, with multi-commodity prospectivity including gold, copper, nickel and uranium targets.
The company's Butcher Bird Project contains the historic Butcher Bird mine, a high grade near surface copper mine which targeted supergene copper mineralisation. The mine has recorded production of 8.46t of copper at an average grade of 22.6%.
Montezuma Mining Company continues high grade copper intersections at Butcherbird
Tuesday, November 29, 2011 by John Phillips
Montezuma Mining Company's (ASX: MZM) current reverse circulation drilling program at the Butcherbird Copper Project continues to deliver investors a string of very high grade intersections.
The latest highlights are 3 metres at 3.42% copper from 92 metres, 2 metres at 3.66% copper from 63 metres, and 2 metres at 4.74% copper from 102 metres.
The significance of the discoveries is that they have confirmed copper mineralisation associated with the Butcherbird Shear Zone over a strike of at least 250 metres, within a broader prospective corridor striking in excess of 6 kilometres within the company’s tenure.
Montezuma Mining is already planning a follow up campaign to further test the area of these high grade results.
These results follow hot on the heels from some other impressive intersections earlier in the month at Butcherbird, which included 61 metres of continuous mineralisation at 1.96% copper and 228 parts per million cobalt from 113 metres.
Other recent highlights include 47 metres at 1.81% copper from 113 metres, which includes a stunning high grade intercept of 6 metres at 6.08% copper and 631 parts per million cobalt.
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