Copper Canyon
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Key Facts
Location:
British Columbia, Canada
65 km SW of TELEGRAPH CREEK Commodities: Copper, Gold, Silver
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Latest Information June 1, 2010 Copper Canyon Resources received an NI 43-101 compliant report from author R.J. Morris, P.Geo. dated May 21, 2010 titled “Resource Estimate for the Copper Canyon Gold Occurrence" for the Copper Canyon project in Canada. At a 0.35% copper equivalent (CuEq) cutoff, the estimated, unconstrained inferred mineral resource for the property is 152.6 millions tonnes grading 0.31% copper, 0.515 g/t gold and 6.32 g/t silver with an overall CuEq of 0.687% (resulting in 1.03B lbs Cu, 2.53M oz Au and 30.98M oz Ag in contained metals. December 19, 2007 Received final assay results from a 12-hole, 4,940m diamond drilling program. All holes from the 2007 program intersected significant mineralization, many in areas outside the current inferred resource boundary Highlights include hole DDH CC07-033 with 129.0m grading 0.89% Cu-Eq from 76.0m and 158.8m grading 1.13% Cu-Eq from 438.2m, DDH CC07-34 with 118.0m grading 0 .99% Cu-Eq from 4.60m and DDH CC07-36 with high-grade gold mineralization of 31.9 g/t Au over 2.5m 186.0m and 26.8g/t Au over 2.7m from 211.8m to 214.5m. |