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Duran’s Aguila Project Contains an Indicated 79 Million Pounds Moly
Jun. 07, 2013 11:00AM PST
Industrial MetalsDuran Ventures Inc. (TSXV:DRV) provided an updated resource estimate for its Peru-based copper-molybdenum Aguila project, noting that it contains an indicated resource of 1 billion pounds of copper and 79 million pounds of molybdenum in addition to an inferred resource of 898 million pounds of copper and 66 million pounds of molybdenum.
Duran Ventures Inc. (TSXV:DRV) provided an updated resource estimate for its Peru-based copper-molybdenum Aguila project, noting that it contains an indicated resource of 1 billion pounds of copper and 79 million pounds of molybdenum in addition to an inferred resource of 898 million pounds of copper and 66 million pounds of molybdenum.
Jeff Reeder, president and CEO of Duran, commented:
The initial mineral resource estimate demonstrated the pervasive extent of the Aguila copper and molybdenum mineralization drilled at the property. Subsequent 2012 trenching and 2013 drilling programs have strategically infilled the central core of the intrusive mineralization at Aguila. We are pleased that our work over this past year has converted a significant tonnage of the Aguila Resource to the Indicated category, now containing 1 billion pounds of copper and 79 million pounds of molybdenum.
Click here to read the full Duran Ventures Inc. (TSXV:DRV) press release.
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