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Yellowhead Mining Inc.(TSX:YMI) announced its operating and financial results for the three and eight months ended June 30, 2012.
Highlights include:
- 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;
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