CCZ 0.00% 0.4¢ castillo copper limited

Ann: Phase II Drilling Campaign Commences at Cangai, page-2

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    CASTILLO COPPER LIMITED
    ASX Release 13 July 2018
    CASTILLO COPPER LIMITED
    ACN 137 606 476
    Level 26
    140 St Georges Terrace Perth WA, 6000 Australia
    Tel: +61 8 6558 0886 Fax: +61 8 6316 3337
    Contact:
    Alan Armstrong Executive Director
    E-mail:
    [email protected]
    For the latest news: www.castillocopper.com
    Directors / Officers:
    Peter Meagher Alan Armstrong Peter Smith
    Issued Capital:
    580.1 million shares 84.5 million options
    ASX Symbol: CCZ
    Phase II drilling campaign commences at Cangai
     The drilling team have now commenced work on a 39-RC drill- hole campaign at Cangai Copper Mine
     Considerable incremental preparatory work went into clearing new access tracks and shaping the 13 drill pads formulated into this current program
     Most of the campaign will focus on three areas along the line of lode, targeting the following:
     Supergene ore near legacy workings; and
     Massive sulphide intersections identified during the
    inaugural drilling campaign
     The objective of this second campaign is to build on work completed to date and ultimately expand the resource size
     The Board will keep shareholders informed of progress from site as the campaign unfolds
    ***
    Castillo Copper’s Chairman Peter Meagher commented: “The Board’s priority is to re-open Cangai Copper Mine and the commencement of this second drilling campaign takes us one step closer to realising this strategic objective.”
    ***
    Castillo Copper Limited’s (“CCZ” or “the Company”) Board is delighted to report that all necessary preparation work for the second drilling program at Cangai Copper Mine has been finalised, enabling the campaign to get underway.
 
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