Sherwood provides results from the Kutcho drill program

Sherwood Copper Corporation, a Canada based mining company, provides the first batch of high grade assay results from the 2008 drill program at the Kutcho Deposit located in northwestern British Columbia.

So far, the company has completed 7,024 metres of drilling in 61 holes in the 2008 drill program, which according to the company is designed to help advance the project towards completion of a feasibility study.

Full assay results have been received for 13 holes, while final results are pending on the remaining 48 holes. The drill program is still in progress and is expected to be completed near the end of July.

Stephen Quin, President & CEO of Sherwood Copper, said we continue to advance the Kutcho project towards a feasibility study.

These drill results are part of a multifaceted work program that builds off the recommendations of the recently completed preliminary economic assessment, he said adding that these drill results help better define the resource in the ‘Main’ deposit, and especially the higher grade trends within that deposit, which should assist in mine design.

The intersection of such excellent thicknesses with very good copper grades, plus significant zinc, silver and gold by-products is very encouraging, concluded Mr. Quin.