Yahoo Finance CAVU Updates on Exploration Programs
Vancouver, British Columbia--(Newsfile Corp. - September 8, 2021) - CAVU Mining Corp. (CSE: CAVU) (FSE: 8NQ) ("CAVU" or the "Company"), is pleased to provide an update for the 2021 drilling campaign on the Hopper copper-gold project located in the Yukon. The Hopper project is in the traditional territory of the Champagne Aishihik First Nations.
Highlights
Samples from 6 holes, 1130m of drilling sent to lab
First assays expected late September
Ground and airborne geophysical programs completed
Field crews now preparing for exploration on the Kitimat Property
"We are optimistic that this year's drilling program on the Hopper project will significantly expand the potential footprint of the skarn mineralized zone," stated Jaap Verbaas, CEO of CAVU Mining. "We drilled 1130m in 5 holes targeting skarn mineralization and one hole targeting porphyry mineralization. Past diamond drilling encountered supergene copper enrichment near the porphyry target, but not a true mineralized porphyry. We now eagerly await our assay results which we expect to come in from mid-September onwards."
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Hopper Exploration details
5 Holes targeting skarn mineralization were drilled south of the Hopper Intrusion and one 300m hole targeted a coincident soil, chargeability, and magnetic anomaly in the Hopper Intrusion. The drilling was complemented by gradient magnetic, VLF and radiometric airborne geophysics as well as field mapping, portable ground EM tools, and prospecting over the main Hopper Intrusion. These complementary data sets combined with the drilling, set the stage for a successful follow-up drill program.
Qualified Person
Jeremy Hanson, P. Geo., is the qualified person for the Company as defined in the National Instrument 43-101 and has reviewed the technical information presented within the news release.
About CAVU Mining Corp.
CAVU Mining Corp. is a mining company engaged in the acquisition, exploration and development of mineral projects containing metals used in green technologies and the renewable energy sector. The Company is currently focused on the exploration of its flagship Hopper Copper-Gold Project in the Yukon and continues to evaluate complimentary mineral projects in mining-friendly jurisdictions.
ON BEHALF OF THE BOARD OF DIRECTORS
Dr. Jaap Verbaas, P.Geo.
CEO and Director
CAVU Mining Corp.
jverbaas@cavumining.com
604-493-2997
Forward Looking Statements
All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Canadian Securities Exchange, the British Columbia Securities Commission and the Ontario Securities Commission.
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