Business
Capstone Announces Initial Mineral Resource Estimate for Footwall Zone at Cozamin Mine
Jun. 20, 2011 (Canada NewsWire Group) -- Adds 74 million pounds of copper in the M&I Cl...
About this update from Capstone Copper Corp.
[{"type":"text","content":"\n\n\n Jun. 20, 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\nAdds 74 million pounds of copper in the M&I Class and 163 million pounds in the Inferred Class\n\n\nVANCOUVER, June 20, 2011 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today announced the result\n of an initial mineral resource estimate for the Mala Noche Footwall\n Zone ("MNFWZ") at the Cozamin Mine in Zacatecas, Mexico.  This is a\n preliminary resource and exploration is continuing.\n\n\n"The size and grade of this new mineral resource estimate allows\n Capstone to now consider production expansion scenarios as well as\n extended mine life in an upcoming pre-feasibility study to begin in the\n third quarter of 2011," said Brad Mercer, Vice-President, Exploration\n for Capstone.  "The copper grade of this new resource located in the\n footwall to the main ore zone is higher than the current mineral\n reserve grades for the mine.  Our Cozamin team has successfully\n undertaken test mining in the MNFWZ from two crosscuts driven from\n active mine workings to levels 12.0 and 12.8 in the MNFWZ where they\n have drifted both east and west using conventional cut and fill mining\n methods and have already extracted approximately 18,000 tonnes grading\n 2.67% copper," he added.\n\n\nCozamin Mine - Mineral Resources by Class for the MNFWZ at a US$35 NSR\n Cut-off Grade ("COG")* \n\n\n\n\n\n\n\nClassification\n\n\nTonnes \n(000's)\n\n\nCopper \n(%)\...