Queenston Files Updated Mineral Resource N1 43-101 for Upper Beaver

Gold Investing

Queenston Mining (TSX:QMI) has filed its NI 43-101 Technical Report for the Uppper Beaver gold copper project in Ontario. The company is updating the mineral resource from its initial announcement on September 26, 2012.

Queenston Mining (TSX:QMI) has filed its NI 43-101 Technical Report for the Uppper Beaver gold copper project in Ontario.  The company is updating the mineral resource from its initial announcement on September 26, 2012.

Highlights from the report include:

  • Indicated mineral resource of 1.46 million ounces of gold and 56 million pounds of copper 6,870,000 t grading 6.62 g/t Au and 0.37% Cu (1.58 million gold equivalent ounces)
  • Inferred mineral resource of 0.71 million ounces of gold and 32 million pounds of copper 4,570,000 t grading 4.85 g/t Au and 0.32% Cu (0.78 million gold equivalent ounces)
  • Indicated and inferred resources driven by tonnage increase of 123% and 48% respectively
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