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Cours Or & Argent

Lorraine Copper Corporation

Publié le 14 janvier 2009

Jajay 2008 Drilling Results New Zone Discovered Under Main Zone

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News Release Wednesday, January 14, 2009
Lorraine-Jajay 2008 Drilling Results
New Zone Discovered Under Main Zone

Vancouver, BC -- Lorraine Copper Corp. ("Lorraine Copper") (TSX-V: LLC) wishes to announce the results from the 2008 exploration program at the Lorraine project, which is being managed by Teck Cominco Limited ("Teck") (TSX: TCK.B) under a Participation Agreement with Lorraine Copper. The Lorraine property is located in the Quesnel Terrane approximately 250 km northwest of the city of Prince George, British Columbia. A complete summary listing of the drilling results is attached.

Teck has informed the company that it successfully drilled 6,935.5 m in 19 holes and tested eight target areas during the 2008 program. A number of significant new developments have resulted from this drilling, most notably, the discovery of another mineralized zone below the Lower Main Zone. Drill hole L08-120 first intersected 159.2 m grading 0.64% copper and 0.30 g/t gold representing the Lower Main Zone, then intersected 58.8 m grading 0.092% copper including 22.1 m grading 0.16% copper 95.3 m beneath the first interception.

Two holes were drilled to test for a northern extension to the Bishop Zone and also to determine if this zone is connected with the Main Zone. Holes L08-121 and 128 very successfully attained this objective, returning 123.3 m of 0.31% copper and 23.4 m of 0.49% copper, respectively. These holes indicate the potential for significantly increasing resources in this area.

New areas of mineralization were also discovered, including: west of the Boundary Zone in holes JTM08-16 and 17; the All Alone Dome target in hole L08-115; and the first significant intercepts of mineralization at the TooGood target in holes L08-116, 118 and 119 where notable mineralization was seen in a few holes that were cut off by post-mineralization dykes, indicating that mineralization in this large target is potentially very extensive.

Copper-gold mineralization on the Lorraine property is alkalic intrusion-related and is analogous to a deposit style that includes the Galore Creek deposit. Other significant alkalic deposits in British Columbia include the Mt. Polley, Afton and Copper Mountain mines. The Lorraine property is located in an area of active logging and is well served by resource infrastructure including all season roads, the Kemess power-line corridor to the northeast and the Canadian National Railway line to the southwest.

Teck is earning a 51% interest in the Lorraine-Jajay project by spending $9.0 million by 2011, and may earn up to a 65% interest by completing a feasibility study and arranging production financing.

G.L. Garratt, P.Geo., is the qualified person who has reviewed and takes responsibility for this news release.

G.L.Garratt, P.Geo.

G.L. Garratt, P.Geo., Director
Lorraine Copper Corp.

About Lorraine Copper


Lorraine Copper holds the 30,658 hectare Lorraine property, which is optioned to Teck Cominco. For more information please visit the Company's website at www.lorrainecopper.com.

FOR FURTHER INFORMATION REGARDING LORRAINE COPPER PLEASE CONTACT:
Paul Way, Business Development Manager
(604) 681-7913 or
Toll Free: (888) 656-6611



The TSX - Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

2008 Lorraine-Jajay and Jan/Tam/Misty Properties Drilling Results Summary:

Hole No.

Area

From (m)

To (m)

Core Length (m)

Cu ppm (ICPMS)

Assay Cu %

Au ppb  *

Assay Au g/t  ***

Ag ppm (ICPMS)

JTM08-16

Boundary

384.3

515

130.7

914

0.09

26

-

<1

 

incl.

384.3

405

20.7

1492

0.15

45

-

1

 

incl.

460

481

21

1906

0.18

40

0.066

1.3

JTM08-17

Boundary

36.7

55.3

18.6

1153

0.12

<10

-

1.1

JTM08-18

Target X

 

 

 

nsv

-

nsv

-

-

L08-114

AAD

 

 

 

nsv

-

nsv

-

-

L08-115

AAD

280.5

301.2

20.7

979

0.10

20

-

<1

L08-116

TooGood

262.2

308.8

46.6

1152

0.12

12

-

<1

L08-117

TooGood

285

294

9

nsv

-

238

-

1.6

L08-118

TooGood

174

186

12

1372

0.14

<10

-

<1

L08-119

TooGood

88.6

153

64.4

996

0.10

<10

-

<1

 

incl.

126.2

153

26.8

1211

0.12

<10

-

<1

L08-120

Lower Main

8

167.2

159.2

6080

0.64

226

0.304

3.5

 

2nd zone

262.5

321.3

58.8

915

-

24

-

<1

 

2nd zone incl

262.5

284.6

22.1

1497

0.16

27

-

<1

 

Both zones combined

8

284.6

276.6

3720

0.39

136

-

2.2

L08-121

Bishop Ext

89.8

326

236.2

1730

0.19

42

-

<1

 

incl.

89.8

213.1

123.3

2751

0.31

57

-

<1

 

incl.

158.3

213.1

54.8

5191

0.59

96

-

1.0

 

incl.

158.3

182.3

24

9841

1.13

135

0.151

1.3

L08-122

New

144.8

149.3

4.5

1124

0.13

25

-

<1

 

 

201.1

203.1

2

4781

0.57

76

-

1.9

L08-123

New

59.4

59.9

0.5

5500

0.60

<10

-

2.4

L08-124

Page Bowl

43.5

50.4

6.9

1179

0.15

16

-

1.1

L08-125

New

 

 

 

nsv

-

-

-

-

L08-126

New

57

60.3

3.3

1057

-

15

-

<1

 

New

174

183

9

937

-

<10

-

<1

L08-127

TooGood

 

 

 

nsv

-

-

-

-

L08-128

Bishop Ext

66

359

293

1050

-

68

-

<1

 

incl.

184

207.4

23.4

4648

0.49

364

0.361

1.3

 

incl.

281

301

20

2981

0.31

223

0.233

1.4

 

incl.

335

359

24

1808

0.20

104

-

1.1

L08-129

AAD

 

 

 

nsv

-

-

-

-


* Au by Aqua regia decomposition / solvent extraction / AAS
*** Au by Fire assay - lead collection / AA finish / 1 A.T.

nsv = no significant values



Drill Hole Locations: shown on IP chargeability
<

Lorraine Copper Corporation

CODE : LLC.V
ISIN : CA54418Y1088
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Lorraine Copper est une société d’exploration minière de cuivre basée au Canada.

Lorraine Copper détient divers projets d'exploration au Canada.

Son principal projet en exploration est LORRAINE au Canada.

Lorraine Copper est cotée au Canada. Sa capitalisation boursière aujourd'hui est 10,9 millions CA$ (8,1 millions US$, 7,1 millions €).

La valeur de son action a atteint son plus haut niveau récent le 18 février 2011 à 0,30 CA$, et son plus bas niveau récent le 08 novembre 2013 à 0,02 CA$.

Lorraine Copper possède 37 620 000 actions en circulation.

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Projets de Lorraine Copper Corporation
31/05/2012Announces an Initial Resource Calculation for the Main Zone-...
09/02/2011(Lorraine)Announces Earn-In at Lorraine Project
14/01/2009Jajay 2008 Drilling Results New Zone Discovered Under Main Z...
Communiqués de Presse de Lorraine Copper Corporation
26/07/2016Lorraine Copper Announces an Amended NI 43-101 Report Filing
20/06/2016Lorraine Copper Reviews Recent High-Grade Gold-Silver-Copper...
16/06/2016Lorraine Copper to Acquire Lustdust Copper-Gold-Silver Prope...
13/05/2016Lorraine Copper Completes Private Placement
11/05/2016Lorraine Copper Announces Private Placement
05/05/2016Lorraine Copper Withdraws from Acquisition, Sets New Directi...
29/04/2016Lorraine Copper Acquires Copper Project in BC
26/01/2016Lorraine Copper Announces Results of Shareholder Vote
26/08/2014IIROC Trading Resumption - LLC
26/08/2014IIROC Trading Halt - LLC
26/07/2013Provides a Corporate Update
03/05/2012Provides Corporate Update
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