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May. 16, 2013 04:54AM PST
Consolidated Woodjam Copper Corp. (TSXV:WCC) announced that through the Gold Fields Horsefly Exploration Corporation, a subsidiary of Gold Fields Limited(NYSE:GFI, NASDAQ:GFI) have updated resource estimates at Southeast Zone as well as the Deerhorn and Takom Zones.
Consolidated Woodjam Copper Corp. (TSXV:WCC) announced that through the Gold Fields Horsefly Exploration Corporation, a subsidiary of Gold Fields Limited(NYSE:GFI, NASDAQ:GFI) have updated resource estimates at Southeast Zone as well as the Deerhorn and Takom Zones.
As quoted in the press release:
The resource for the Southeast Zone has expanded from 146.5 million tonnes grading 0.33% Cu to 227.5 million tonnes grading 0.31% Cu, an increase of 482 million pounds of contained copper. This is the first time that resource numbers for the Deerhorn and Takom Zones have been completed and they add significantly to the property’s potential. The Megabuck and Three Firs Zones have not yet had NI 43-101 compliant resource calculations. The properties are located approximately 45 km east of the City of Williams Lake, BC.
To view the whole press release, click here.
