Capstone Mining Announces Significant Increase to Cozamin Resource Estimate

Capstone Mining (TSX:CS) today (June 5) announced the results of an updated National Instrument 43-101 compliant mineral resource estimate for the Cozamin Mine in Zacatecas, Mexico.

According to the press release, compared to the mineral resources as at December 31, 2017, this latest estimate converted or added an additional 115 thousand tonnes of copper in the indicated category in the Mala Noche Footwall Zone (MNFWZ), reflecting all drilling for which assays have been received up to March 19, 2018. At a US$42 net smelter return cut-off grade, the Cozamin Mine’s total measured and indicated copper mineral resources, including adjustments for mining to March 31, 2018, were 217 thousand tonnes of contained copper.

As quoted in the press release, senior vice president of exploration at Capstone, Brad Mercer said:

“We are extremely pleased with our recent drilling success in the MNFWZ at Cozamin. This new resource estimate, the culmination of over a year of intensive drilling, nearly triples the ore tonnes and doubles the contained copper in the MNFWZ measured and indicated classification.”

Click here to view the full Capstone Mining (TSX:CS) press release.