Mining Weekly reported that Carmax Mining (TSXV:CXM) released a resource estimate for its Eaglehead project of 22-million pounds of molybdenum.

As quoted in the market news:

Using a cutoff grade of 0.16% copper equivalent, the resource, located in north-western British Columbia, is estimated to contain significant quantities of copper and molybdenum, 6.3-million ounces of silver, and 265 000 oz of gold.

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