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Carube Copper reveals new gold anomaly at Nova Scotia project

Sampling work at the Stewart Brook Gold project has identified a 1,240 parts per billion of gold in till sample, indicating a new anomaly along the project's southwestern border

nova scotia
The Stewart Brook Gold project is a 46-square kilometre asset in Nova Scotia with high gold potential

Carube Copper Corp (CVE:CUC) announced that sampling results from its Nova Scotia gold project has revealed a new gold anomaly on the property.

The junior mining company received till sampling results from its initial exploration program at the Stewart Brook Gold (SBG) project, a 46-square kilometre asset with high gold potential.

Of the 22 samples collected, Carube reported that 13 samples showed anomalous gold values. The results, of up to 222 parts per billion (ppb) gold in till, confirmed the presence of an 8,000 metre by 4,000 metre anomaly that was previously identified in the 1980s by Seabright Resources.

READ: Carube Copper announces plans to raise funds for Jamaican exploration

More sampling work on the southern part of the property identified a new 1,240 ppb gold in till sample, indicative of a new anomaly along the southwestern border of the SBG project.

Carube’s CEO Stephen Hughes called the till sampling program “very successful” in confirming Seabright’s historic work and finding a new anomaly.

“Confirming high grade gold in till near to the Country Harbour and Widows Point gold districts is very encouraging, and our upcoming follow-up exploration activities will endeavour to narrow down the location of the bedrock source,” said Hughes in a statement on Thursday.

(Photo: The combination of recent results and historic data at CUC's Stewart Brook Gold project indicates two possible glacial ice directions and hints at the bedrock source for the gold in tills)

Till samples were sent to a third-party laboratory in Ontario for analysis, where gold grains were separated from the heavy mineral concentrates and counted, measured and classified. The resulting data shed further light on the potential distance of glacial movement and the proximity to bedrock.

Carube is planning follow up work including ground geophysics, prospecting and mapping. A drilling program may start in the next phases of exploration, depending on results.

The company said it will expand and refine the gold target as new results and interpretations become available.

Toronto-based Carube also holds holds a 100% interest in 11 licenses of prospective copper-gold terrain in Jamaica and a 100% interest in three porphyry copper-gold properties within the Cascade Magmatic Arc in southwestern British Columbia.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Carube Copper

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Market: TSX-V
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