VANCOUVER, Dec. 8, 2014 /PRNewswire/ - Blue River Resources
Ltd. (TSX.V: BXR) (OTC: BRVRF) ("Blue River" or "the Company")
announces exploration results from a recent surface sampling
program on the Castle Copper Project and an updated exploration
plan for the 2015 field season for the Company's Mazama Copper
Deposit.
CASTLE COPPER PROJECT
The Company recently conducted a surface sampling program on the
Castle Copper Project, located near Princeton BC, and approximately 25 km north of
the Copper Mountain Mine.
Copper grades from 24 rock grab samples ranged from a high of
2.2% copper on surface and averaged 0.5% Cu. The sampled area is
from a zone of highly fractured and sheared Nicola Group volcanic
rocks.
Future exploration plans on the Castle Project call for an IP
survey to the north and west of previously drilled areas of the
Castle Project with the emphasis on locating porphyry copper
mineralization drill targets.
MAZAMA COPPER
DEPOSIT
Permitting for the upcoming drill program on the Company's 100%
owned Mazama Copper Deposit is continuing, with field work by the
US Forest Service having been completed. The Company estimates
receiving the permit in the first quarter of 2015.
The permit was delayed by the largest wildfire in Washington State's history, in the eastern
Methow Valley. The Mazama Copper Deposit is located in the western
part of the Methow Valley, Okanogan
County, WA, approximately 25 km south of the Canada/US border in North Central Washington,
143 km northeast of Seattle. Both
the Castle Project and Mazama Copper Deposit are situated on the
southern extension of the Quesnel Trough copper belt, one of the
most prolific copper producing areas in North America.
Quintana Minerals Corp., in 1975, calculated an historical
resource* on the Mazama property
of 149 million tons grading 0.36% copper and 0.01% molybdenum, or
approximately 1 billion pounds of copper. Although historic adits
that were explored for gold mineralization are located on the
property, no gold assays were reported.
The Company has completed geological mapping and sampling, a
LIDAR survey, topographic mapping and located historic drill
holes.
Blue River will conduct a
minimum 2,000 meters (6,000 feet) of diamond drilling, to confirm
previously delineated areas of mineralization, as well as test new
potential areas of mineralization developed from the 2014
exploration and staking program. The objective of the 2015
exploration program is to confirm and expand the historic copper
mineralization located within the Mazama Copper Deposit. The
Company has paid a 50% deposit for drilling and geological work for
this exploration program.
*A qualified person has not done sufficient work to classify the
historical estimate as current mineral resources. Blue River
is not treating the historical estimate as current mineral
resources.
The technical information contained in this news release was
reviewed and approved by Paul D.
Gray, P. Geo, a qualified person as defined under National
Instrument 43-101.
ON BEHALF OF THE BOARD
BLUE RIVER RESOURCES
LTD.
/s/ Griffin Jones
Griffin Jones
President, Director
Neither 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.
Safe Harbor Statement:
Certain statements in this news release may contain forward-looking
information within the meaning of Rule 175 under the Securities Act
of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934,
and are subject to the safe harbor created by those rules. All
statements, other than statements of fact, included in this
release, including, without limitation, statements regarding
potential future plans and objectives of the Company, are
forward-looking statements that involve 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.
SOURCE Blue River Resources Ltd.
