Celsius Resources confirms multiple high-grade copper positions at MCB-037

by Philippine Resources - May 24, 2022

Photo credit: Celsius Resources

Celsius Resources is pleased to announce its Philippine subsidiary Makilala Mining Company, Inc. has received further positive assay results from the ongoing drilling program at its flagship MCB copper-gold project.

The results have confirmed and expanded a number of high-grade intercepts which are an important part of the early mine plan at MCB as defined in the recently completed scoping study.

The high-grade positions are interpreted to exist over near to horizontal trends which extend away from multiple mineralised faults and breccia bodies which are the main conduits for the fluids that are coming up from a genetically related Tonalite intrusion.

The confirmed presence of multiple high-grade zones now appears to extend further than previously defined, and is a positive and important outcome from what has now been discovered in both drill holes MCB-036 and MCB-037.

The Company will now modify the next set of drill holes to focus around the additional shallow high-grade copper-gold mineralisation as it will have a positive impact on potential future production options in the mine schedule.

To read more, click here.


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