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Big Red Mining Corp.
Big Red Mining Corp.
Registriert in: Kanada WKN: A3C8M5 Rohstoffe:
Art: Originalaktie ISIN: CA08947T1057 Gold
Silber
Kupfer
Heimatbörse: CSE Alternativ:
Währung: CAD    
Symbol: RED.CSE Forum:

Big Red Mining Corp. (RED) Announces Discovery of High Grade Copper 6.8 Meters of 1.2% Copper, Including 3.8 Meters of 2.05% Copper

09.02.2022 | 15:00 Uhr | Newsfile

Vancouver, February 9, 2022 - Big Red Mining Inc. (CSE: RED) (FSE: K8J), (the "Company", or "Big Red") is pleased to announce preliminary results from its 1,200 m drill program comprising 9 holes on its Optioned Dobie Lake Copper Property in the Algoma Area of Ontario.

The best results were obtained from Drill holes DL-21-01, DL-21-03 and DL-21-05. The chalcocite observed at 61.2 m depth in Drill hole DL-21-01 (see Press Release Dated January 17, 2022) gave very high copper values as expected averaging nearly 4% copper over 1.8 meters. The zones in drill holes DL-21-03 and Dl-21-05 are described as zones of silicification with quartz veins and rare breccia.

Assay Results:

Dobie Lake Drilling Canamiska Zone
Drill Hole DL-21-01
From (m) To (m) Length (m) Cu %
61.20 68.00 6.80 1.20
Including
61.20 63.00 1.80 3.97
and
61.20 64.00 3.80 2.05
Drill Hole DL-21-02
No Significant Values
Drill Hole Dl-21-03
From (m) To (m) Length (m) Cu %
26.00 27.30 1.30 0.48
Drill Hole DL-21-04
Anomalous copper values only
Drill Hole DL-21-05
From (m) To (m) Length (m) Cu %
129.00 131.00 2.00 0.10



Figure 1

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8411/113241_bigred2.jpg

The drilling program tested two of the known areas of copper mineralization on the Dobie Lake Property - the Canamiska Zone and the newly discovered Alpha Vein of the No. 2 Zone. Drill hole locations are listed below:

Hole # Location Dip Azimuth
DL-21-01 5157341 N -45 350 Canamiska Zone
345502 E
DL-21-02 5157439 N -45 350
345487 E
DL-21-03 5157391 N -50 170
345536 E
DL-21-04 5157516 N -50 170
345526 E
Dl-21-05 5157522 N -50 350
345524 E
DL-21-06 5158597 N -40 160 Alpha Vein No.2 Zone
348627 E
DL-21-07 5158610 N -42 190
348685 E
DL-21-08 5158618 N -50 184
348685 E
DL-21-09 5158596 N -45 180
348554 E

Mr. Jag Sandhu, CEO of Big Red stated "We have received the first batch of assays from the Canamiska Zone drilling on the Dobie Property. We are excited by the high copper values obtained from the Canamiska Zone. These results help confirm and duplicate the earlier results obtained by drilling in 1965 on this zone. We are preparing our work programs for the Dobie Lake Copper Property for 2022 and these results will assist our efforts."

Qualified Person

James Atkinson M.Sc., P. Geo., a Qualified Person ("QP") as such term is defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the geological and technical information reported in this news release. Mr. Atkinson is not independent of the Company as he is a member of the Board of Directors of Big Red.

Quality Assurance and Quality Control

Quality control protocols have been introduced throughout the drilling program. Drill core was transported to a secure core storage facility located IN Batchewana Bay, Ontario. At the facility, core samples from the program are being split in half, using a diamond cutting saw, one half will be retained, and the other half forwarded to ALS Laboratories in Sudbury certified laboratory in Thunder Bay, to be assayed for mineral content. All sample results will be sent by the laboratory by e-mail to Big Red's geologist. All samples are being analyzed for copper plus 40 elements using standard techniques. Certified reference standards, blanks and field duplicates are routinely inserted into the sample stream, as part of Big red's quality control/quality assurance program (QA/QC). Assay results will be released as received, reviewed and verified by the Company's Qualified Person.

About Big Red Mining Corp.

Bid Red is focussed on discovering metals required for the clean energy revolution. Big Red holds an option to acquire a 100% interest in the Dobie Lake Copper Project (the "Property") in Ontario, Canada. The Property is Located approximately 100 km from Sault Ste Marie, Ontario. The Property surrounds and covers Extensions of the Past producing Jentina Mine. The Property comprises 169 claims totaling 8,600 Acres (35 Square kilometers). Big Red's management team possess extensive experience in financing, exploration, development and mining. Big Red's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.

WWW.BIGREDMINING.COM

On Behalf of the Board of Directors

Jag Sandhu, CEO and President 778-218-9638

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Big Red believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113241

 
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