The Conversation (0)
Lions Gate Metals Inc. (TSXV:LGM) announced its 100% owned Poplar Project has an Inferred Resource of 245 million tonnes averaging 0.27% Cu, containing over 1.4 Billion pounds of copper at a 0.15% Cu cut-off.
As quoted in the press release:
A three dimensional grade zone solid was produced in Gemcom Software for drill holes with assay intervals greater than 0.1% Cu. This solid served to constrain the resource estimate. Assays were capped for Cu and Mo to reduce the effects of erratic outliers. Uniform down hole composites 5 m in length were used to model the grade continuity with variography. Bulk density was established from 121 measured samples. Blocks 20 x 20 x 10 m in dimension, within the mineralized solid, were estimated for Cu and Mo by ordinary kriging. At this stage of the project all blocks were classified as inferred.
The drilling completed by Lions Gate has confirmed the high quality of the work completed by Utah Mines and previous operators. Lions Gate’s drilling has extended the mineralized zone to depth and laterally, and the mineralization remains open in all directions. Higher grade zones indentified by P. Ogryzlo, M.Sc., P.Geo., have been extended to the west and northwest, and remain open in both these directions.
Click here to read the Lions Gate Metals Inc. (TSXV:LGM) press release
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