Measured & Indicated Mineral Resource of 1.06 billion pounds copper (at
0.10% Cu cut-off)
Inferred Mineral Resource of 340 million pounds copper (at 0.10% Cu
cut-off)
100% owned property in northeast Nevada
Amenable to heap-leaching & SX-EW
Excellent infrastructure in roads, power, water
Project Status
Feasibility study currently underway
Metallurgy testing on key ore types
Responsibility
Concurrent reclamation of exploration disturbance
Ongoing monitoring of revegetation
Property Information
Elko County, Nevada
100% Owned by International Enexco
2,600 acres of patented claims (private)
6,800 acres of unpatented claims
Mining friendly jurisdiction
Studies Conducted
2012 NI 43-101 compliant Mineral Resource Estimate
by 3L Resources, Llc of Lakewood, Colorado, an independent engineering and
consulting firm.
Mineral Resource Estimate reported at 0.10% Cu cut-off
Category
Tons
Copper %
Pounds Copper
Measured
58,977,000
0.26
306,680,000
Indicated
156,733,000
0.24
752,318,000
Measured + Indicated
215,710,000
0.25
1,058,998,000
Inferred
70,921,000
0.24
340,421,000
A NI 43-101 compliant Technical Report detailing
the Mineral Resource Estimate will be filed on or before November 24, 2012.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic
viability. There is no certainty that all or any part of Mineral Resources will
be converted into Mineral Reserves. The Mineral Resources cited are global
totals.