OK2 Minerals Begins Diamond Drilling at the Pyramid Copper Gold Porphyry Project at the Northern Tip of BC’s Golden Triangle
VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- OK2 Minerals Ltd. (TSX-V:OK) (the “Company” or “OK2”) is pleased to announce that diamond drilling has commenced at the Pyramid Project located about 50km north of Dease Lake at the top of the “Golden Triangle”. The diamond drill program will focus on the copper-gold porphyry zones identified by previous exploration programs including the recently completed RC drill program (News Release dated August 14, 2017). A program consisting of approximately four holes totaling 2,000 meters is planned.
The large Pyramid project was staked in 2013 and now after four seasons of detailed exploration including airborne geophysics, ground geophysics, soil and rock sampling plus detailed geological mapping the project has demonstrated a strong porphyry copper gold potential. This under-explored project is located in the renowned and productive Quesnellia Terrane in Northwest B.C. Nearby porphyry projects include the Red Chris Cu-Au Mine and Galore Creek Cu-Au deposit.
This season has been exciting at Pyramid, beginning with the completion of the RC drill program. The goal of this program was to further define the known target areas for follow up diamond drilling. Now that the RC program has been successfully completed and the results reviewed, the company has commenced a minimum 2000 meter, 3-4 hole, diamond drill program. The main areas of focus will be drill testing two zones, the Central and West Zones with deeper diamond drill holes testing beyond the limits of the RC drill.
Mike Devji, CEO states: “Over the last four years the company has spent more than $3 million defining these targets in a very systematic approach and results every year have been very encouraging as we keep advancing the project to a drill ready stage. We look forward to drilling these high priority targets at depth while fully testing the true potential of this large-scale porphyry target in BC."
ABOUT OK2 Minerals Ltd.
OK2 Minerals Ltd. is a Canadian-based junior exploration company comprised of highly qualified mining professionals with two very prospective copper-gold exploration projects, the Pyramid Project and the Kinskuch Project, both located in northwestern British Columbia on or within the “Golden Triangle”.
ON BEHALF OF THE BOARD OF
OK2 MINERALS LTD.
Per: “Minaz Devji” Minaz Devji,
CEO and Director
This news release was prepared by Company management, who take full responsibility for its content. George Cavey P.Geo, Director, is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators and has reviewed and approved the technical disclosure in this release.
The RC rock chip samples were prepared at the ISO certified SGS Canada Minerals in Burnaby, B.C. and analyzed at the SGS Canada Minerals facilities in Burnaby using a GE-IC14A procedure. IC14A is an Aqua Regia Digestion with an ICP-MS finish. The company routinely inserted known commercially prepared standards every 10th sample and did not detect any QC/QA concerns from the analytical results.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
OK2 Minerals Mike Devji (604) 258-8666 mike.devji@ok2minerals.com Investor Relations Kin Communications 1-866-684-6730 (toll-free) ok@kincommunications.com
