PacificOre Mining Corp. (TSXV:PC,OTCQX:APAFF,FWB:NWN) reported that adjoining property Nuinsco Resources Ltd and its subsidiary, CBay Minerals released a significant report regarding their Corner Bay Copper/Gold deposit: 825,000 tons of 3.42% Cu measured and indicated resources.
As quoted in the press release:
The details on their reported 825,000 tons of 3.42% Cu measured and indicated resources, including recovery and head grades, are clearly outlined by Nuinsco and CBay Minerals in their news release of September 17th, 2012. In the news release Mr. Roland Horst, Chief Executive Officer of CBay Minerals states the following:
- “With 825,000 tonnes of measured and indicated (M&I) resources grading 3.42 per cent copper, the partially developed Corner Bay deposit is the most likely target for first production from CBay’s Chibougamau assets,” and “In addition, with drill results including 16.2 metres (seven metres horizontal width) grading 9.27 per cent 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 read the PacificOre Mining (TSXV:PC,OTCQX:APAFF,FWB:NWN) press release
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| Commodities | |||
|---|---|---|---|
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| Silver | 21.75 | +0.03 | |
| Copper | 4.30 | +0.02 | |
| Palladium | 1968.65 | +11.53 | |
| Platinum | 957.67 | +3.19 | |
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| Heating Oil | 3.62 | -0.05 | |
| Natural Gas | 8.06 | -0.25 | |