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The latest update is out from Mich Resources Ltd. ( (TSE:GRBM) ).
Green Bridge Metals reported that the first three holes of its Phase 1 diamond drilling program at the Titac South deposit in Minnesota have intersected visible chalcopyrite-bearing sulfide mineralization over broad intervals. The program targets copper potential within and around the existing Titac South titanium dioxide resource, with drilling so far totaling 1,196 metres across a planned six-hole fence.
Geological logging indicates sulfides, including chalcopyrite, occur as disseminations and veinlets over intervals of roughly 100–450 metres, while ilmenite, the main titanium host mineral, is pervasive throughout the core. Samples are being prepared and shipped to an independent laboratory for assays, which will be needed to confirm copper grades and better define how copper mineralization is spatially associated with the titanium-bearing intrusion.
More about Mich Resources Ltd.
Green Bridge Metals Corporation is a mineral exploration company focused on titanium and copper within the Duluth Complex in northeastern Minnesota. Its Titac Project hosts a large titanium-bearing intrusion, with an existing titanium dioxide resource at Titac South that the company is now evaluating for associated copper mineralization within an Oxide Ultramafic Intrusion.
Average Trading Volume: 656,988
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$40.07M
For detailed information about GRBM stock, go to TipRanks’ Stock Analysis page.