Mokambo Mine Announces Initial IAssay Results
December 4, 2007-Abbotsford, British Columbia, Canada – ICS Copper Systems Ltd. (ICX:TSX.V) is pleased to announce the initial assay results from the diamond drill core program at the Mokambo Mine situated in Mufulira, Zambia.
The best intersections are as follows:
Road Number 1 is at the extreme west portion of the concession and at the outer edge of the main oxide copper zone.
|
Hole Number
|
From
(m)
|
To
(m)
|
Interval
(True Width m)
|
Copper
(%)
|
Cobalt
(%)
|
|
M-07-01
|
35.35
|
41.35
|
5.44
|
0.093
|
0.0215
|
|
M-07-02
|
101.00
|
103.55
|
2.85
|
0.106
|
|
|
M-07-04
|
36.00
|
28.00
|
2.85
|
0.104
|
|
|
M-07-05
|
25.80
|
28.05
|
1.95
|
0.062
|
|
Road Number 5 is within main oxide copper zone.
|
Hole Number
|
From
(m)
|
To
(m)
|
Interval
(True Width m)
|
Copper
(%)
|
Cobalt
(%)
|
|
M-07-025
|
13.60
|
16.60
|
2.72
|
0.114
|
|
|
and
|
69.90
|
74.30
|
4.26
|
1.695
|
|
|
including
|
70.30
|
71.30
|
0.91
|
2.830
|
|
|
including
|
73.30
|
74.30
|
0.91
|
2.960
|
|
|
and
|
23.60
|
24.60
|
0.91
|
0.020
|
0.0135
|
DRILL PROGRAMME 50% COMPLETE
The drill program is over 50% complete. The single biggest difficulty associated with the drill program progress has been the extremely variable rock condition in all the holes encountered so far. The drill programme is now expected to be completed by February 2008.
DELAY IN ASSAY RESULTS FROM SA LABORATORY.
Significant delays in the turn-around time of assays to the company have largely been attributable to a breakdown in the ICP- OES (Inductively Coupled Plasma – Optical Emission Spectrometer) machine used by an internationally accredited laboratory in Johannesburg S.A.
The parts for the ICP have been couriered from the United Kingdom and the machine is finally operational. Unfortunately, huge backlogs of samples have resulted, including ICS samples. The laboratory has informed ICS that it is installing a new ICP machine in part to handle the backlog of samples that have resulted from this unfortunate breakdown. This new unit will be operational in the first week of December.
The laboratory has also informed ICS that its sample results would be a priority. As such the lab is sending the ICS’s backlogged samples to some of its other international affiliated laboratories to accelerate the assay results turn-around. The lab manager assured the Company that the backlog would be totally eliminated within 3 weeks.
Graham Chisholm CEO of the company comments “It is pleasing to see the high grades of Copper in Road 5 and to see the presence of Cobalt recorded in these assay results. As further assays come back from the lab, we expect to see additional intersections of Cobalt and Copper.”
ICS COPPER SYSTEMS LTD.
The company’s first year annual report has been filed and distributed.
David Makepeace, P.Eng., the Technical Director of ICS who is directing the Mokambo Project, a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
ICS COPPER SYSTEMS LTD.
Signed
“Graham Chisholm”
Graham Chisholm, President & CEO
For further information please contact:
Graham Chisholm graham@icscopper.com Office: (604) 859-3007; Cell: (604) 302-0746
For Investor Relations: Brett Whitelaw brett_whitelaw@telus.net Tel: (604) 662-8633
Web Page: www.icscopper.com
