Castillo Copper awaits Big One assays at the start of what...

Castillo Copper awaits Big One assays at the start of what shapes as “transformative” yearDuring the fourth quarter of 2020, the drilling contractor completed 20 drill-holes at Big One Deposit in the Mt Isa Copperbelt and the company is eagerly awaiting assay results.Castillo Copper Ltd - Castillo Copper awaits Big One assays at the start of what shapes as “transformative” yearNight drilling at Big One Deposit within the Mt Oxide Copper Project in northwest Queensland.Castillo Copper Ltd (ASX:CCZ) (LON:CCZ) (FRA:7OR) is eagerly awaiting assay results from Big One Deposit of the Mt Oxide Copper Project in northwest Queensland that are expected to provide an entree for a "transformative" year in 2021.During the fourth quarter of 2020, the drilling contractor completed 20 drill-holes at Big One and the board is targeting to shortly release complete drill logs and relevant observations for all 20 drill-holes in two to three batches.The company's optimism is supported by observations from core including:Six drill-holes for the 200 series with partial assays for visible copper confirming up to 4.1% copper; andFourteen drill-holes for the 300 series with visible copper mineralisation.“Optimistic for a transformative year”Castillo Copper’s managing director Simon Paull said: “Having completed 20 drill-holes of the current drilling campaign, the board is delighted about the potential of the Big One Deposit.“Further, the board is optimistic 2021 will be a transformative year and that significant value can be created for shareholders as the Mt Oxide Project is developed.”In line with the positive start to 2021 and a strong copper market outlook, the company's shares have been as much as 12% higher today to A$0.039.