Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas RSS 

Investorideas podcasts on iTunes, Google Play Music and potcasts - cannabis news and stocks to watch plus insight from thought leaders and experts crypto corner    Play by Play – the latest sports headlines and sports stock news


Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

#TSX #Mining News: Carube Copper (TSXV: $CUC.V) Provides Jamaica Exploration Update


Ottawa, Ontario - September 19, 2017 (Newsfile Corp.) ( Newswire) Carube Copper Corp. (TSXV: CUC) is pleased to announce the completion of a drill program on its 100% owned Bellas Gate copper-gold project in Jamaica. The 1,900 metre program focused on the Provost, Hendley and Provost South East targets. The drilling in Jamaica was unaffected by Hurricane Irma which passed through the Caribbean and Florida last week, well north of Jamaica. Assay results from the drilling program are expected to be available in early October. The field program in Jamaica is continuing with drill target generation at the Main Ridge Project and reconnaissance level mapping and sampling at the remaining five 100% owned project areas. Follow up drilling at Bellas Gate will be planned once all results have been received.

"Our drilling program in Jamaica went well and was unaffected by Hurricane Irma which tracked more than 300 kilometres to the north of our project. We were quite pleased to see copper mineralization in all holes drilled during this campaign and we look forward to receiving the assay results in early October." - Jeff Ackert, President and CEO of Carube Copper

A total of 1895.8 metres of drilling was completed in 7 holes. Three holes were completed at the Provost target. A fourth hole at Provost was abandoned after it encountered poor ground in a fault zone at shallow depth. Two holes provided an initial test of the Provost SE target and one hole tested an induced polarization anomaly on the Hendley prospect. (See Figure 1 below)

Figure 1: Priority Drill Target Areas at Carube Copper's Bellas Gate Project

¹The intervals do not necessarily indicate true width of mineralization as its geometry is not known. Copper equivalents are calculated using a US $3.00/lb. copper and a US$1200 per ounce gold price assuming unlimited internal dilution and 100% recovery of both metals. Sample Preparation, Analysis and Quality Control: For a description of these items as pertaining to drill core and soil samples please see disclosure on Carube Copper's website at Carube Copper and Activation Laboratories all have robust sample security and quality control programs in place for samples collected in Jamaica.

Results for the first hole drilled this year on the Provost target area — PVT-17-004 - were announced on July 5 and returned 340.1m of 0.25% CuEq (0.20% Cu, 0.09g/t Au) which included 55.3m of 0.51% CuEq (0.35% Cu, 0.27g/t Au) and 14.0m of 1.04% CuEq (0.62% Cu, 0.71g/t Au). The remaining results are expected to be available in October.

A table of drill collars with the coordinates, azimuth, depth and lengths are included below.

Table 1: 2017 Drill Collar Coordinates at Carube Copper's Bellas Gate Project


Jeff Ackert, President and CEO

Alar Soever, Chairman

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

QP Statement: This press release has been reviewed and approved by Shannon Baird, MSc. Exploration Manager for Carube Copper in his capacity as a qualified person as defined under NI 43-101.

Carube Copper Corp. (TSXV: CUC) is a Canadian exploration company focused on the exploration and development of copper and gold projects in Jamaica and Canada. In Jamaica, Carube Copper holds a 100% interest in 11 licenses, totalling 535 square kilometres. In Canada, it holds a 100% interest in three porphyry copper-gold-molybdenum properties, totalling 469 square kilometres within the Tertiary-aged Cascade Magmatic Arc in southwestern British Columbia. Exploration continues on these properties with the goal of joint-venturing them to larger exploration and mining companies. Carube Copper continues to seek opportunities in Canada and the Caribbean for acquisition and development.


This news release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties. Although these statements are based on currently available information, Carube Copper Corp. provides no assurance that actual results will meet management's expectations. Factors which cause results to differ materially are set out in the Company's documents filed on SEDAR. Undue reliance should not be placed on "forward looking statements."

IMPORTANT NOTICE: By reference herewith, Carube Copper incorporates into this release the entire disclaimer set forth on its website at

Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources - investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info:

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Please read privacy policy:

Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner