A technical report has made recommendations: update the Bulk Density database by taking measurements from all mineralized core stored from 2006-07 FNR drilling; upgrade a portion of near-surface indicated resource to the measured category by drilling a total of 78 holes on 12.5m spacing (total 6000m of drilling).
April 16, 2008
Announced the completion of the NI 43-101 mineral resource estimate for the near surface extent of the Chester Feeder Deposit copper stringer mineralization. Measured and Indicated Resources total 284,000 tonnes grading 2.78% Cu and 7.3 gpt Ag (2% Cu cut-off) underlying an area of approximately 1.6 hectares and lying within 75 meters of surface. The resource estimate is based on 179 core drill holes completed by the Company over a period of 14 months. An Inferred Resource of 298,000 tonnes grading 2.51% Cu and 3.1gpt Ag lies immediately down dip from the Measured and Indicated resource.
March 5, 2008
Provided the latest analytical results of the delineation drilling program (holes C-07-177, 178, 184, 191-196) recently completed on the Chester Copper-Polymetallic Feeder Deposit. The results detailed below are from step-out drill holes that extend the Feeder Deposit’s stringer mineralization for up to 112 m down dip to the west. High grade indium values (139.5 g/t) are associated with very high grade copper mineralization of 9.50% Cu over 3.1 m in hole C-07-191.
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