Feasibility study currently underway
2010 Pre-feasibilty Study by Gustavson Associates, LLC of Lakewood, Colorado, an independent engineering consulting group. (results listed below)
Mineral Resource Estimate reported at 0.10% Cu cut-off
| Category | Tons | Copper | |
|---|---|---|---|
| Cu (%) | Pounds Cu | ||
| Measured | 52,976,000 | 0.282 | 298,397,000 |
| Indicated | 82,233,000 | 0.251 | 413,413,000 |
| Measured + Indicated | 135,209,000 | 0.263 | 711,810,000 |
| Inferred | 53,490,000 | 0.272 | 291,368,000 |
Mineral Reserve Estimate reported at 0.10% Cu cut-off
| Category | Tons | Copper | |
|---|---|---|---|
| Cu (%) | Pounds Cu | ||
| Proven | 27,011,000 | 0.305 | 164,701,000 |
| Probable | 27,138,000 | 0.280 | 152,199,000 |
| Proven + Probable | 54,149,000 | 0.293 | 316,899,000 |
This report, entitled NI 43-101 Technical Report Pre-feasibility Study Update for the Contact Copper Project Elko County, Nevada, USA, was filed with SEDAR on October 12, 2010 with and effective date of October 1, 2011. Please view the below NI 43-101 report for more details and explanations.
