(TheNewswire)
Vancouver, B.C. - TheNewswire - October 14, 2020 -Consolidated Woodjam Copper Corp. (" Woodjam " or the " Company ") (TSXV: WCC ) (OTC: CWMCF) is continuingthe drilling program for the Deerhorn Zone at its 100% owned 64,000hectare Woodjam project located 50 kilometerseast of the community of Williams Lake, BC. The recent completion of afinancing will allow the company to expand this program. The firsthole, DH-20-71, has been completed at 302.50 m and the samples are inthe lab. It is apparent from core logging that hole DH-20-71, drilledat a minus 75 degree angle, cut through the targeted mineralizationand should give a good representation of the grade in this area oncethe assay results are in. So far, it is apparent that there is goodcontinuity of mineralization cut in the first hole relative to holesto the northwest and southeast. It is not possible to determine theturn-around time of the lab or when results will be available. Therecent increase in exploration in BC has many labs running behindschedule.
The drill has moved to the second drill site atDeerhorn and is underway. A third drill site has been prepared furtherto the southeast from the first two holes and will give anothercross-cut of the zone there. Further drilling is being planned as theprogram progresses.
Deerhorn is one of four zones of gold-enrichedmineralization occurring in structural zones above and related to thelarger Southeast Zone copper-gold-molybdenum deposit. Former optionpartner, Gold Fields Limited, published NI43-101 resources in 2013 for the Southeast Zone and two of the goldenriched "satellite" zones, Deerhorn and Takom. The DeerhornZone, with an inferred resource of 32.8 million tonnes grading 0.49grams per tonne gold and 0.22% copper contains 516,200 ounces of gold.Since the first drill hole at Deerhorn was completed in 2008 a totalof 70 drill holes averaging 286 meters in length have been completed.Well mineralized holes include hole DH10-21 with 139.5 meters grading1.26 g/t Au and 0.28% Cu, hole DH11-30 with 146.3 meters grading 1.2g/t Au and 0.25% Cu (ending in mineralization) and hole DH12-48 with264.2 meters grading 1.45 g/t Au and 0.26% Cu (including 58.0 metersgrading 2.71 g/t Au and 0.40 % Cu).
Glen Garratt, P. Geo., is the qualified person whotakes responsibility for this news release.
Glen Garratt
Glen Garratt, P.Geo.,
VP, Director
Consolidated Woodjam CopperCorp.
About Woodjam Copper
Woodjam Copper (TSX-V: WCC) trades on the TSX Venture Exchange and owns a 100% interestin the 64,000 hectare Woodjam copper goldporphyry project located in south-central British Columbia approximately 50 kmeast of the community of Williams Lake in a low elevation flat toundulating landscape, well accessed by logging roads and in closeproximity to hydro power.
For more information on Woodjam please visit theCompany's website at : http://www.woodjamcopper.com
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release
Copyright (c) 2020 TheNewswire - All rights reserved.