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Highland Copper Company Inc. (TSXV:HI) released an initial resource estimate for its 543S copper deposit portion of the Keweenaw Project in Michigan. Results included an indicated resource of 1,518,000 tonnes grading 3.27 percent copper and 5.1 grams per tonne of silver as well as an inferred resource of 193,000 tonnes grading 3.08 percent copper and 4.8 grams per tonne of silver.
Highland Copper Company Inc. (TSXV:HI) released an initial resource estimate for its 543S copper deposit portion of the Keweenaw Project in Michigan. Results included an indicated resource of 1,518,000 tonnes grading 3.27 percent copper and 5.1 grams per tonne of silver as well as an inferred resource of 193,000 tonnes grading 3.08 percent copper and 4.8 grams per tonne of silver.
As quoted in the press release:
The 543S deposit is one of two lava flow top-hosted chalcocite deposits that have been subject to recent drilling programs by Highland, the other is the G-2 deposit located about 20 kilometers northeast of 543S. Highland plans to complete a resource estimate for G-2 in 2014. Although the possibility of an independent milling complex at 543S treating mineralization from both 543S and G-2 will be considered, Highland plans to evaluate alternatives that would treat mineralization from 543S and other undeveloped copper deposits in the Western Upper Peninsula of Michigan recently acquired by Highland, in a single center of metallurgical operations. Planned studies will evaluate an alternative that would involve transportation to and processing of mineralization from these deposits in a central mine and metallurgical complex, the location of which remains to be determined.
Click here to read the Highland Copper Company Inc. (TSXV:HI) press release
