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Intrepid Mines Limited (TSX:IAU) announced its operational and exploration activities for the quarter ended 31 December 2011.
Intrepid Mines Limited (TSX:IAU) announced its operational and exploration activities for the quarter ended 31 December 2011.
As quoted in the press release:
OVERVIEW
Tujuh Bukit
Tumpangpitu porphyry copper-gold zone Inferred Resource expanded by 70% to 1.7 billion tonnes at 0.41% copper and 0.46 g/t gold (at a cut-off grade of 0.2% copper):
- 15 billion pounds of copper and 25 million ounces of contained gold;
- areal extent 3.4 km by 2.8 km;
- 41 holes for 36,600 metres; and
- geological potential foreshadowed at an additional 40 to 60% at a slightly reduced grade.
Click here to read the Intrepid Mines Limited (TSX:IAU) press release.
