Reported a measured and indicated resource of 250.5 million tonnes grading 0.52% copper
(2.87 billion lbs contained copper - 0.4% copper cut-off); and, an inferred resource of 244.3 million tonnes grading 0.54% copper (2.93 billion lbs contained copper - 0.4% copper cut-off).
July 9, 2008
Reported that the vertical limits of the deposit are currently unknown and the mineralization extends below the depth of the deepest drill hole, DDH-ALD-43, which was drilled to 928.90 metres of depth. DDH-ALD-43 intersected 718.90 metres grading 0.72% copper, including an upper chalcocite-enrichment zone in the top 82 metres of the mineralization grading 0.97% copper, and the bottom 322 metres of the hole grading 0.90% copper.