Yellowhead Announces First 2012 Financial and Operating Results

Gold Investing

Yellowhead Mining Inc.(TSXV:YMI, TSX:YMI) announced its fiscal quarter financial and operating results for three months ended March 31, 2012.

As quoted in the press release:

Detailed Feasibility Study was completed and filed on March 29, 2012;
Released an updated Resource estimate with contained copper within the Measured and Indicated Resource categories at a 0.2% copper cut-off grade increasing by 1.67 billion pounds or 47% compared to the previously completed estimate in the Preliminary Economic Assessment at a 0.2% copper cut-off grade;
Based on the updated Resource estimate at a 0.2% copper cut-off grade the Measured and Indicated Resources are: Copper – 5.3 billion pounds, Gold – 838,600 ounces and Silver – 34 million ounces;