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Nuinsco Announces NI 43-101 Compliant Mineral Resource Estimate for Corner Bay

Vivien Diniz
Sep. 17, 2012 04:43PM PST
Base Metals Investing

Nuinsco Resources (TSX:NWI) announced an NI 43-101 resource mineral resource estimate for the Corner Bay copper deposit in Chibougamau, Quebec.

Nuinsco Resources (TSX:NWI) announced an NI 43-101 resource mineral resource estimate for the Corner Bay copper deposit in Chibougamau, Quebec.

Resource estimate at Corner Bay includes:

Tonnage Grade
Category Metric Tonnes % Cu g/t Au g/t Ag
Measured 360,000 3.44 0.33 2.92
Indicated 465,000 3.40 0.31 4.32
Total Measured & Indicated 825,000 3.42 0.32 3.71
Inferred 734,000 3.33 0.28 11.56

Roland Horst, Nuinsco CEO, stated:

With 825,000 tonnes of M&I resources grading 3.42% copper, the partially-developed Corner Bay deposit is the most likely target for first production from CBay’s Chibougamau assets. n addition, with drill results including 16.2 metres (7 metres horizontal width) grading 9.27% copper at 1,200 metres vertically below surface, RPA highlights the potential to add significant tonnage to the current mineral resources at depth with additional drilling.

Click here to view the full press release.

drill results tsx:nwi
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