|
|
Copperwood Resources/Reserves
The Company announced in February of 2011 an updated resource
estimate for the Copperwood copper project, Upper Peninsula, Michigan,
USA. This estimate included the mineralization in the adjacent area,
previously referred to as Copperwood S6, and was the basis for the mine
plan and design included in the prefeasibility study. In February, 2012
the Company announced the findings of their NI 43-101-compliant
Feasibility Study for the Copperwood copper project, Upper Peninsula,
Michigan, USA.
| Copperwood Reserves and Resources |
Cu |
Ag |
| |
Mt* |
% |
M Lbs |
Gpt |
M oz |
| Proven Reserves (Copperwood – D&B) |
23.1 |
1.46 |
710 |
3.98 |
2.98 |
| Probable Reserves (Copperwood – D&B) |
7.1 |
1.21 |
142 |
2.44 |
0.46 |
| TOTAL RESERVES |
30.2 |
1.41 |
852 |
3.63 |
3.46 |
| Indicated Resources (Copperwood Satellites) |
25 |
1.4 |
771 |
|
|
| Inferred Resources (Copperwood Satellites) |
36.1 |
1.3 |
1033 |
|
|
| Total Resource Inventory |
61.1 |
1.34 |
1804 |
|
|
Source: NI 43-101 compliant Feasibility Study of
the Copperwood Project; Joseph M. Keane, P.E., Steve Milne, P.E., and
David List P.E.
Source: NI 43-101 Technical Report – Copperwood S6 & Satellites: AMEC E
& C Services (USA) G. Kulla & D. Thomas, January, 2011
|
|
Resources
Click to enlarge
|
|
