Cuervo Resources Inc. (CNSX:FE,FWB:CRR) announced results from a series of channel samples on the “Bob 1” zone of its Cerro Ccopane Iron Project in southern Perú.
As quoted in the press release:
The channel sampling was initiated to test the near surface magnetite mineralization. To date, a total of 460 m of channel sampling (360.3 m in horizontal length) has been carried out along fourteen E-W trenches (numbered “A” to “J” from south to north) across the N-S outcropping magnetite mineralization over a strike length of 1,000 m; this outcropping mineralization is exposed for at least 3 km on the Bob 1 zone.
Analytical results from the sampling of the Bob 1 zone are very similar to those encountered near surface in the other mineralized zones identified on the Cerro Ccopane property. Included are intersections of 46.44% Fe over 38 m (46.49% Fe over 35.6 m horizontal) in Trench A and 50.13% Fe over 60 m (50.08% Fe over 43.3m horizontal) in Trench D. The principal iron-bearing mineral present is magnetite. Since the mineralization dips into the side of the mountain the angle of the dip of the mineralization has not yet been determined and the widths of the sample intersections do not represent the true width of the mineralization.