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Systematic sawn-channel sampling has returned high-grade copper values with an average grade of 2.53 per cent copper over 41.66 metres from Cuoro Resources Corp.'s Santa Elena project, located in the department of Antioquia, Colombia.
Cuoro conducted a channel sampling program on the mineralized volcanogenic massive sulphide (VMS) outcrops at the Santa Elena project. The program included 51 saw-cut channel samples totalling 41.66 linear metres forming 15 composite channels across the exposed outcrops. The assay results were significant returning the length-weighted average grade of 2.53 per cent copper. The highest individual results from this initial round of sampling was one metre at 6.31 per cent copper and 0.62 metre at 6.07 per cent copper, and the highest length-weighted average result was four linear metres at 4.96 per cent copper. Assay results are listed in the attached table. Channel samples are considered representative of the in situ mineralization sampled.
The company is planning an aggressive exploration program at Santa Elena, which includes: extensive mapping and surveying, airborne and ground geophysical surveys, as well as extensive diamond drilling. Geophysical surveys are expected to commence within the next few weeks followed up by diamond drilling.
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