Business
Capstone Adds 219 Million Pounds of Copper in M&I Mineral Resource at Minto Mine
May 30, 2011 (Canada NewsWire Group) -- At a 0.5% Copper cut-off grade, total mineral resou...
About this update from Capstone Copper Corp.
[{"type":"text","content":"\n\n\n May 30, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nAt a 0.5% Copper cut-off grade, total mineral resources at the Minto\n Mine now exceeds 1 billion pounds of copper\n\n\nVANCOUVER, May 30, 2011 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX:\n CS) today announced the result of a National Instrument 43-101\n compliant mineral resource estimate for the Wildfire/Copper Keel area\n at the Minto Mine in Yukon, Canada.  Wildfire/Copper Keel is now\n recognized as a southeastwardly extension of the Area 2/118 deposit\n which is currently being pre-stripped in preparation for mining. The\n combined Area 2/118/Copper Keel/Wildfire mineral resources are now\n recognized as a single mineral deposit and will be referred to as the\n Minto South Deposit ("MSD"). The Copper Keel region of this larger\n deposit model is still open and exploration drilling is currently in\n progress with two drills.\n\n\n"The exploration success at Minto continues to be translated into\n mineral resource additions that support the near term growth strategy\n at our mining operations. Since 2006 the Minto Mine has realized steady\n expansion through a program of discovery and feasibility in a series of\n phases that have increased mine life and throughput. Capstone plans to\n follow up this latest mineral resource addition with a new\n Pre-Feasibility Study (Minto - Phase VI PFS) that is expected to start\n in the third quarter of 2011," said Brad Mercer, Vice-Pre...