Copper

Nevada Copper Corp. (TSE:NCU) completes a National Instrument 43-101 compliant mineral resource estimate for the company’s entirely owned Pumpkin Hollow Property in Nevada.

Nevada Copper Corp. (TSX:NCU) completes a National Instrument 43-101 compliant mineral resource estimate for the company’s entirely owned Pumpkin Hollow Property in Nevada.

The press release is quoted as saying:

The following are highlights of the new mineral resource estimate, compared to the previously published July 2009 resource estimate (see resource tables below for details on tonnage and grade): At a 0.20% cutoff the M & I copper resource for the entire project increased to 5.9 billion pounds (2009 – 5.6 billion pounds) including an increase in gold to 1.6 million ounces (2009 – 983,000 ounces) and an increase in silver to 42 million ounces (2009 – 33.8 million ounces); at a 0.20% cutoff the Inferred copper resource for the entire project remain unchanged at 3.7 billion pounds (2009 – 3.7 billion pounds) including an increase in gold to 716,000 ounces (2009 -468,000 ounces) and an increase in silver to 21.8 million ounces (2009 – 21.2 million ounces); at a 0.20% cutoff the M & I copper resource for the Western Deposits increased to 3.8 billion pounds (2009 – 3.1 billion pounds) including an increase in gold to 892,000 ounces (2009 – 532,000 ounces) and an increase in silver to 23.8 million ounces (2009 – 20.9 million ounces); at a 1.00% cutoff the M & I copper resource for the Eastern Deposits increased to 1.17 billion pounds (2009 – 1.1 billion pounds) including an increase in gold to 351,000 ounces (2009 – 180,000 ounces) and an increase in silver to 8.2 million ounces (2009 – 4.4 million ounces).

Click here to access the entire press release

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