Welcome!

News Feed Item

Highland Provides Exploration Update from the White Pine North Project, Michigan

LONGUEUIL, QUEBEC -- (Marketwired) -- 07/03/14 -- Highland Copper Company Inc. (TSX VENTURE: HI) ("Highland" or the "Company") is pleased to report the results from an initial exploration program conducted at the White Pine North Project located in the Upper Peninsula of Michigan, an area which has historically been one of the most important copper producing regions in the United States. Figure 1 shows the projects in which Highland has an interest.

Highland has recently completed the interim closing of the acquisition of the White Pine copper project from Copper Range Company ("CRC"). The production at the former White Pine mine from 1952 to 1995 was 198,070,985 short tons averaging 1.14% copper, for approximately 4.5 billion pounds of copper. Mining ceased at White Pine in 1995 due largely to depressed copper prices, although significant amounts of mineralization remained, particularly to the north of the former mine ("White Pine North"). In 1995, CRC completed an estimate of resources at White Pine North based on 526 diamond drill holes. Highland's exploration efforts are focused on that area, with the objective of completing a National Instrument 43-101 compliant resource estimate in 2014.

White Pine North: Results from the 2014 Phase 1 In-Fill Drilling Program

During March and April 2014, Highland completed nine diamond drill holes totaling 8,853 meters using HQ core size at White Pine North (Figure 2). Three holes were cased for re-entry during the winter of 2015 because of spring melting. Highland also completed eleven wedges from eight holes to obtain approximately 435 kg of mineralized samples for metallurgical testing. Nine of the 12 holes were drilled vertically and core recoveries averaged over 99 percent. Highland had designed its 2014 winter drilling program both to in-fill the historical drill grid and to expand the historical mineral resource area. The results from this first phase in-fill drilling program are consistent with results from previous CRC drill programs and confirmed copper- silver mineralization from adjacent historical drill holes.

Analytical results for the mineralized zones from the 2014 drilling program are summarized in Table 1.

Table 1. Drill hole intersections from the White Pine North Project



                                                          True
           Mineralized      From        To   Length  Thickness     Cu     Ag
Hole#             Unit       (m)       (m)      (m)        (m)      %    ppm

WP528      Upper Shale   603.125   604.940     1.82       1.82   1.01    5.7
         Parting Shale   607.405   609.690     2.29       2.29   1.31   30.1

WP531      Upper Shale   547.033   548.895     1.86       1.86   1.18    7.2
         Parting Shale   550.516   552.370     1.85       1.85   1.22   72.3

WP532      Upper Shale   866.085   868.385     2.30       2.30   1.05    5.9
         Parting Shale   870.445   872.235     1.79       1.79   0.88   10.0

WP533      Upper Shale   901.015   902.980     1.97       1.97   1.04    7.3
         Parting Shale   905.137   906.950     1.81       1.81   1.37   17.9

WP534      Upper Shale   791.560   793.975     2.42       2.09   1.30   8.12
         Parting Shale   796.660   799.420     2.76       2.39   0.99   7.67

WP535      Upper Shale   179.565   180.875     1.31       1.31   1.11    8.5
         Parting Shale   183.595   185.540     1.94       1.94   1.17   34.5

WP536      Upper Shale   928.370   929.705     1.34       1.34   0.88   3.90
         Parting Shale   931.840   934.475     2.63       2.63   1.03  13.31

WP537      Upper Shale   328.640   329.690     1.05       1.05   0.90    6.1
         Parting Shale   333.035   335.080     2.04       2.04   0.89    7.8

WP538      Upper Shale   813.010   814.776     1.77       1.77   0.68   4.34
         Parting Shale   817.770   819.585     1.82       1.82   1.10   2.20

WP539      Upper Shale   991.485   993.655     2.17       2.06   0.23   3.65
         Parting Shale   996.035   999.380     3.35       3.18   1.21  13.16

WP540      Upper Shale   886.897   888.365     1.47       1.46   1.31   9.68
         Parting Shale   890.620   892.488     1.87       1.85   1.10  25.71

WP541      Upper Shale   876.330   877.770     1.44       1.43   1.16   9.09
         Parting Shale   880.345   882.195     1.85       1.84   1.14  29.07

"Parting Shale" is an assemblage of five mineralized stratigraphic units at the base of the Nonesuch Formation. The Upper Shale consists of a similar assemblage of four mineralized units about 1.2 meters above the Parting Shale.

Activation Laboratories in Thunder Bay, Ontario, Canada (IOS 17025 accreditation), assayed all samples using an ICP method tailored for the project samples, followed by a metallic procedure for samples containing at least 0.1% Cu. Highland applied industry standard QA/QC protocols to all steps of the drilling program.

White Pine North: Validation of Historical Drilling Data

In January 2014, Highland initiated an analytical program to validate historical assay results from 51 diamond drill holes completed by CRC in the White Pine North deposit. Thirty-six of these holes were drilled between 1958 and 1980 with both BQ and AQ core, while the other 15 holes were drilled in 1994 and 1995 with NQ core.

Highland's validation program used a 1/4 cut of the original whole core from 883 historic sample intervals. This resampling duplicated the exact interval previously sampled and assayed in the historical programs. The remaining 1/4 of the original core was retained as reference material. The validation analytical technique used both a screen metallic assay method and a 2.5-gram digestion ICP assay method to determine total copper and results from both methods were in good agreement. The location of the validated historical drill holes is shown on Figure 2.

The results from this validation program are shown graphically on Figure 3. Highland considers the correlation between the historical and validation assays to be excellent, showing no bias between the two groups of assays. Highland plans to use the sample values from the original program for a future resource estimate at White Pine North.

Plans Going Forward

Highland plans to complete a second phase drilling program by boring ten drill holes totaling approximately 6,100 m, during the summer and fall of 2014. These drill holes will focus on the higher-grade central portion of the deposit.

Highland has retained G Mining Services Inc. to carry out a number of technical studies including metallurgy, infrastructure requirements and mining methods that are intended to be used in a future prefeasibility study. The Company has also retained the services of Golder Associates to initiate hydrological studies of the area overlaying the White Pine North deposit.

Qualified Person

The technical information contained in this news release has been approved by Carlos Bertoni, P.Geo. Highland's Project Manager. Mr. Bertoni is a qualified person as defined in NI 43-101.

ABOUT HIGHLAND

Highland Copper Company Inc. is a Canadian exploration company focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. For more information about the White Pine project refer to the "Technical Report on the White Pine Copper Property, White Pine, Michigan, USA" dated as of February 10, 2014 and filed on SEDAR (www.sedar.com) on April 3, 2014. Highland has approximately $3.2 million in cash at June 30, 2014 and has 96,966,745 issued and outstanding common shares listed on the TSXV under the symbol 'HI'. Additional information about Highland is available on the Company's website at www.highlandcopper.com and on SEDAR at www.sedar.com.

CAUTIONARY STATEMENT

Certain statements contained in this press release constitute forward looking information under the provisions of Canadian securities laws. Such statements include without limitation: the Company's plans and objectives to complete a current mineral resource and expand the historical estimate at White Pine North; statements about completing studies for a prefeasibility studies; the long-term potential of Highland's project; and other statements and information regarding anticipated results regarding the Company's operations and exploration. Such statements reflect the Company's views as at the date of this press release and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements. Actual results may be materially different from those currently anticipated. Many factors, known and unknown could cause the actual results to be materially different from those expressed or implied by such forward looking statements. Such risks include, but are not limited to: the Company being unable to satisfy the remaining conditions to complete the final closing of the White Pine acquisition; further drilling will be required to confirm and expand the historical estimate as a current mineral resource, and there is no certainty that this can be accomplished; the availability of additional funds to complete the Company's planned exploration and development programs; mining risks; risks associated with governmental and environmental regulation and obtaining all the necessary permits for the development of the project; and risks associated with global economic growth. The Company does not intend, and does not assume any obligation, to update these forward-looking statements and information, except as required by law. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

Neither the 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.

Figure 1, Figure 2 and Figure 3 are available at this address : http://media3.marketwire.com/docs/955650e_Figures.pdf

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...