Capstone Mining announced high grade copper and silver results from its Cozamin Mine. The company will also expand the exploration program.
Capstone Mining (TSX:CS) announced high grade copper and silver results from 103 infill and step-out drill holes at its Cozamin Mine, as well as an expansion to the exploration program into 2020.
As quoted from the press release:
The results represent half of the 200 hole program, which aims to more than double the current reserve base. Results to date support the company’s recently disclosed increase to Cozamin’s annual production guidance to 50 to 55 million pounds of copper and 1.4 to 1.5 million ounces of silver starting in early 2021. Mineral resources and mineral reserves estimates will be updated in late 2020.