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Redhawk Resources Inc. (TSX:RDK,OTCQX:RHWKF) announced that a new NI 43-101 compliant resource estimate for its Arizona Copper Creek project reveals that the property has significantly more copper than the previous estimate indicated.
Redhawk Resources Inc. (TSX:RDK,OTCQX:RHWKF) announced that a new NI 43-101 compliant resource estimate for its Arizona Copper Creek project reveals that the property has significantly more copper than the previous estimate indicated.
As quoted in the press release:
The new estimate at a 0.2% CuEq cutoff has increased the total pounds of copper to 4.45 billion pounds in the combined measured and indicated categories contained in 502 million tons grading 0.49 CuEq and 3.30 billion pounds in the inferred category, contained in 481 million tons grading 0.38% CuEq. This represents an increase of more than 175% from the September 2008 independent NI 43-101 resource estimates.
Click here to read the full Redhawk Resources Inc. (TSX:RDK,OTCQX:RHWKF) press release.