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Lions Gate Metals Announces Resource Updates at Poplar Project

Investing News Network
Feb. 27, 2012 08:13AM PST
Base Metals Investing

Lions Gate Metals Inc.(TSXV:LGM) announced new resource updates for its Poplar copper-gold-silver property. The Company reported a 47% increase in copper and a significant gold and silver resource at the project. Lions Gate is hoping to have upgraded resource estimate maps and displays in time for PDAC.

Lions Gate Metals Inc.(TSXV:LGM) announced new resource updates for its Poplar copper-gold-silver property. The Company reported a 47% increase in copper and a significant gold and silver resource at the project. Lions Gate is hoping to have upgraded resource estimate maps and displays in time for PDAC.

As quoted in the press release:

At a 0.15% Cu cut-off, the Property has a new Indicated Resource of 171.3 million tonnes grading 0.28% Cu (1.06 billion pounds), 0.008% Mo, 0.08 g/t Au and 2.30 g/t Ag (0.40% CuEq), plus an Inferred Resource of 209.0 million tonnes grading 0.23% Cu (1.06 billion pounds), 0.004% Mo, 0.06 g/t Au and 3.62 g/t Ag (0.33% CuEq).

Lions Gate, President & CEO, Paul Sarjeant, said:

These tonnage and grade numbers confirm the confidence we had in the Property from the outset, and we are very pleased to share the results with shareholders,

Click here to read the Lions Gate Metals Inc. (TSXV:LGM) press release


Click here to see the Lions Gate Metals Inc. (TSXV:LGM) profile.

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