|By Marketwired .||
|March 6, 2014 02:13 PM EST||
TORONTO, ONTARIO -- (Marketwired) -- 03/06/14 -- Superior Copper Corporation ("Superior Copper" or the "Company") (TSX VENTURE: SPC) is pleased to announce that it has staked 22 claims covering 3,973 hectares adjacent to its 100% owned Coppercorp Project in the Mamainse Point area, located approximately 85 kilometres north of Sault Ste. Marie, Ontario. The addition of the new claim block increases the Company's current land position at its Coppercorp Project to 15,789 hectares or 158 square km. See attached map for reference.
Superior Copper plans to focus its exploration efforts on targeting areas with the most potential of a significant new discovery. Models being considered include Iron-Oxide-Copper-Gold ("IOCG") type deposits in the Proterozoic Keewenawan Supergroup and ultramafic hosted Nickel-Copper-Platinum Group Element types in the adjacent Archean.
The IOCG model will be targeted due to similar mineralogical, geological, tectonic, alteration and geophysical characteristics found in the IOCG family type deposits similar to the large deposits in southeast Australia (Olympic Dam, Ernest Henry, Prominent Hill) and the Carajas District in Brazil. Of significance at the Coppercorp Project is a large 5 x 5 km regional magnetic high with coincident gravity anomalies. This same geophysical correlation has led to many of the discoveries of IOCG-type deposits around the world. Mamainse Point has been identified as prospective for IOCG-type deposits by previous companies (Falconbridge Ltd./Intrepid Minerals Corp.), however drilling to date has been minimal and shallow, 2 holes less than 225 meters vertical each and no drilling has explained the magnetic or gravity highs.
The Olympic Dam deposit, which has hosted 9 billion tonnes of 1.6% copper, 0.6 kilograms per tonne uranium-oxide, 0.6 g/t gold, and 6 g/t silver was discovered 335 m below flat lying sediments after targeting a coincident magnetic-gravity high anomaly. Superior Copper has commissioned Geotech Ltd. to fly an airborne ZTEM survey in March 2014, which will aid in targeting these deeper-seated IOCG-type deposits.
The ultramafic intrusion hosted Nickel-Copper-Platinum Group Element model is based on deposits found around the edges of Lake Superior Mid Continental Rift. Model types include the Eagle Mine in Michigan (5.3 million tonnes ("mT") 3.1% nickel and 2.5% copper), the Tamarack discovery in Minnesota (9 mT of 1% nickel and 0.7% copper, the Marathon Coldwell Complex in Ontario (91 mT with 2.4 million ounces ("oz") palladium, 696,000 oz platinum, 251,000 oz gold, 497 million pounds copper and 4.2 million oz silver) and more recently the PGE discovery by Transition Metals Corp. at their Sunday Lake Project north of Thunder Bay.
Typically these deposits are characterized by circular magnetic highs that may represent pipe-like conduits that host mineralized magma deposited during intracontinental rifting events. A number of these similar magnetic features have been identified on the Superior Copper claim group from historical geophysical data but have failed to be recognized as a potential target by previous companies.
"The project now covers the majority of prospective geology at Mamainse Point, Ontario giving Superior Copper control over this exciting exploration play. Our geologists are working diligently on targeting two deposit model-types, both of which have the potential to result in a significant new discovery," said President and CEO John Tait.
Superior Copper Corporation
Superior Copper Corporation is a Canadian-based exploration company focused on base and precious metal exploration. The Company's primary objective is to target highly prospective and underexplored mineral properties, particularly copper. Its primary land position is its 100% owned Coppercorp Project which covers 15,789 hectares or 158 square km in the Mamainse Point area, located approximately 85 km north of Sault Ste. Marie, Ontario.
For more information about the Company, please visit www.superiorcopper.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/CoppercorpMAP06.pdf.
Shares Outstanding: 101,606,284
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 25, 2016 12:15 PM EDT Reads: 355
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Jul. 25, 2016 12:00 PM EDT Reads: 1,806
“Being the one true cloud-agnostic and storage-agnostic software solution, more and more customers are coming to Commvault and saying ' What do you recommend? What's your best practice for implementing cloud?” explained Randy De Meno, Chief Technologist at Commvault, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 12:00 PM EDT Reads: 1,644
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
Jul. 25, 2016 11:45 AM EDT Reads: 848
As companies gain momentum, the need to maintain high quality products can outstrip their development team’s bandwidth for QA. Building out a large QA team (whether in-house or outsourced) can slow down development and significantly increases costs. This eBook takes QA profiles from 5 companies who successfully scaled up production without building a large QA team and includes: What to consider when choosing CI/CD tools How culture and communication can make or break implementation
Jul. 25, 2016 11:00 AM EDT Reads: 1,560
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Jul. 25, 2016 11:00 AM EDT Reads: 885
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
Jul. 25, 2016 10:53 AM EDT Reads: 249
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jul. 25, 2016 10:30 AM EDT Reads: 1,928
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
Jul. 25, 2016 10:30 AM EDT Reads: 240
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 10:15 AM EDT Reads: 1,856
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Jul. 25, 2016 10:00 AM EDT Reads: 959
Cloud analytics is dramatically altering business intelligence. Some businesses will capitalize on these promising new technologies and gain key insights that’ll help them gain competitive advantage. And others won’t. Whether you’re a business leader, an IT manager, or an analyst, we want to help you and the people you need to influence with a free copy of “Cloud Analytics for Dummies,” the essential guide to this explosive new space for business intelligence.
Jul. 25, 2016 09:45 AM EDT Reads: 690
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 25, 2016 09:45 AM EDT Reads: 1,118
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 25, 2016 09:45 AM EDT Reads: 1,653
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Jul. 25, 2016 09:30 AM EDT Reads: 699