Canyon Copper Corp.(TSXV:CNC,OTCBB:CNYC) announced receiving new assay results from 33 drill holes at their Longshot Ridge Project.
Canyon Copper Corp.(TSXV:CNC,OTCBB:CNYC) announced receiving new assay results from the 2006 33 drill hole program at their Longshot Ridge Project. These results are being used as part of a recalculation of the Company’s 2010 resource estimate.
As quoted in the press release:
With this addition to the data base, the new assay results will be used to obtain a new resource calculation which is expected to give a more robust estimate of the project and assist in directing further drilling of the project. As any changes in the resource estimate are anticipated to be less than the trigger for material change consideration the estimate will be published as an independent estimate in early 2012.