Capstone Mining Corp CS:CA announced assays from the Wildfire/Copper Keel Deposit at its Minto Mine in Yukon. Results include 1.38 g/t gold and 2.48% copper over 13.3 metres (including 1.32 g/t gold and 3.1% copper over 9 metres), 1.03 g/t gold and 2.45% copper over 11.1 metres (including 1.75 g/t gold and 3.68% copper over 4.2 metres), and 1.41 g/t gold and 2.37% copper over 10.9 metres (including 2.34 g/t gold and 3.72% copper over 5.3 metres).
VP Exploration Brad Mercer commented, “The stacked nature of multiple copper bearing horizons makes Wildfire/Copper Keel an efficient target to explore. It is also an attractive geometry for mining and Capstone will focus exploration in this area in the first half of 2011. A preliminary mineral resource estimate for Wildfire/Copper Keel is expected in the first quarter of 2011, to be followed by an updated resource before year-end, once the deposit is fully drilled off. This more robust estimate is expected to add further impetus to our ongoing feasibility work aimed at increasing mineral reserves and where Capstone is exploring a balance between mine expansion and increased mine life.”
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by Ted Niles