Tosca Mining Corporation (CVE:TSQ,PINK:TSMNF) announced drilling results from the Texas-based Red Hills project.
The press release is quoted as saying:
TMC-07 was drilled across the SE limb of the Molybdenum zone. It was collared within the copper blanket zone outside the Molybdenum envelope and drilled to investigate continuity and grade of the molybdenum deposit.
Tosca’s CEO, Dr. S E. El-Alfy said:
“The phase one drill program continues to verify the presence of the shallow Copper/Molybdenum blanket, but more importantly we are seeing an expansion of the large Molybdenum zone underneath that shows grades similar to projects currently considered of potential economic interest.”