19:09:47 EDT Thu 16 May 2024
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or Name
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Majuba Hill Copper Corp
Symbol JUBA
Shares Issued 53,041,631
Close 2023-09-15 C$ 0.16
Market Cap C$ 8,486,661
Recent Sedar Documents

Majuba Hill adds exploration targets at Majuba Hill

2023-09-18 12:36 ET - News Release

Mr. David Greenway reports

NI 43-101 PROVIDES INSIGHT INTO ADDITIONAL TARGETS AT MAJUBA HILL PORPHYRY COPPER PROJECT IN NEVADA

The geologic controls of mineralization identified during block model construction at Majuba Hill Copper Corp.'s flagship copper porphyry project for the National Instrument 43-101 -- Standards of Disclosure for Mineral Projects report, titled "Technical Report for the Majuba Hill Copper Project, Pershing County, Nevada, USA," are applicable to the 789 zone target area.

Recent compilation of the structural corridors combined with the intrusive rock geology appears to be very important for discovering additional copper at Majuba Hill. The 789 zone was originally identified based on the induced polarization/resistivity (IP) program and soil geochemistry surveys conducted in summer 2021.

The northwest-trending exploration corridor outlines the alignment of the IP and the block model grade domains. Utilizing remote sensing to analyze the clays could help to refine the exploration target zone. Shortwave infrared (SWIR) analysis of core and applying portable X-ray fluorescence spectrometry (XRF) in the field will help to quickly advance the targets.

"Our focus for Majuba Hill is to convert the target exploration copper mineralization into the indicated and inferred category with our next drilling campaign. I am pleased that the work being done at Majuba continues to show us additional zones where drilling could add copper to the deposit. Using all the technology at our disposal will help make Majuba into the newest large copper deposit in the Western United States," commented David Greenway, chief executive officer of Majuba Hill Copper.

The report was authored by Jeffrey M. Bickel, CPG, senior geologist, RESPEC Company LLC, Reno, Nev. The full report, dated June 20, 2023, is available on the company's website and under its SEDAR+ issuer profile.

Qualified person

The scientific and technical information contained in this news release has been reviewed by E.L. (Buster) Hunsaker III, CPG No. 8137, a non-independent consulting geologist who is a qualified person as such term is defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Majuba Hill Copper Corp.

Majuba Hill Copper is engaged in the identification, review and acquisition of latter-stage copper and copper/silver/gold assets. This is in direct response to the growing worldwide demand and lack of supply for precious metals fuelled by the Green New Deal in the United States and most other developed nations with similar programs aimed at addressing climate change. Such programs are heavily reliant on silver, gold and especially copper to produce electric vehicles and other renewable power sources, as well as building infrastructure to provide clean and affordable electricity.

The flagship project is the Majuba Hill copper, silver and gold district located 156 miles outside Reno, Nev., U.S. Management has been mandated to focus on safe, mining-friendly jurisdictions where government regulations are supportive of mining operations.

We seek Safe Harbor.

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