LWIR Results For Gachala Copper Project
Universal Copper Ltd. (UNV.V) reported the results of a Long Wave InfraRed survey over the Gachala Copper Project North Block. The seven mineral license applications comprising the North Block of the Gachala Copper project lie 60 km east of Bogota, Colombia:
The LWIR best spectral match results for chalcocite strongly suggests the main Devonian-Permian / Cretaceous contact is anomalous along much of its + 40km strike length within the North Block applications, supporting the Company’s belief this contact area is highly prospective for sedimentary copper deposits.
Two of the license applications are contiguous to an area where historical exploration returned rock sample results ranging from 1.6 to 7.82 percent copper, further supporting the geological theory.
"The North Block LWIR results are extremely exciting,” stated Clive Massey, Chief Executive Officer. “The strike length of the chalcocite LWIR anomaly is impressive and we plan to mobilize geological field crews to investigate the geological merit of the anomaly for sedimentary copper.” he continued.
The seven North Block mineral license applications form part of the 53,538-hectare Gachala sedimentary copper project. The Gachala project lies within a northeast trending 250km-by-120km belt of Devonian-through-Cretaceous-age rocks in a geological setting conducive to hosting sedimentary copper deposits, believed to be analogous to the Zambian copper belt of Africa (source: C. Rodriguez and A.J. Warden (1993); "Overview of some Colombian gold deposits and their development potential"; Mineralium Deposita, Vol. 28, pages 47 to 57).
Two of the seven mineral license applications comprising the 13,280-hectare North Block cover the western limb of the Anticlinal Montecristo in the area contiguous to and immediately north of the Sinai property where Rio Tinto Mining and Exploration Ltd. completed stream sediment and limited rock sampling in 1999. Rio Tinto took a total of 47 rock samples with 12 returning values in excess of 1 per cent copper, ranging from 1.6 per cent to 7.82 per cent (source: E.E. Vargas Ruiz, 1999; Exploracion Geoquimica Chivor Colombia Rio Tinto Mining and Exploration Ltd.). Another two of the license applications cover a 4-kilometre-long cobalt anomaly identified by the Colombian Geological Survey. This metal is of extreme interest to the Company as cobalt is one of the key accessory metals associated with sedimentary copper deposits.
About Universal Copper
Universal Copper Ltd. (UNV: TSX-V; FWB: 3TA1) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.