Celeste Copper Files Ni 43-101 Report Pursuant to Cornish Minerals Limited Acquisition and Announces Proposed $10 Million Financing
Celeste Copper Corporation (CVE:C) reports it may acquire up to a 100% interest in Cornish Minerals Ltd.
Celeste Copper Corporation (TSXV:C) reports it may acquire up to a 100% interest in Cornish Minerals Ltd.
The press release is quoted as saying,
A summary of the in situ classified inferred resource for the project, using a tin (Sn) equivalent economic cut-off of 0.30%, is estimated at approximately 1,331,000 inferred tonnes of 0.44% Sn, 1.08% Cu and 0.66% Zn, this estimate conforms to the CIM Mineral Resource and Mineral Reserve definitions referred to in National Instrument 43-101 and the standards of Disclosure for Mineral Projects.
Celeste’s President and CEO, Denis Clement says,
This mining district has a very long and significant mining history and we believe this project will help to once again bring tin mining to the forefront in this Region.