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Boxxer files NI 43-101 Technical Report on Empire Mine copper-gold project
CALGARY , Jan. 6, 2014 /CNW/ - Boxxer Gold Corp. (BXX-TSXV/OTC-BXXRF)) (" Boxxer or the ...
About this update from Exgen Resources Inc.
[{"type":"text","content":"\n\n\nCALGARY, Jan. 6, 2014 /CNW/ - Boxxer Gold Corp. (BXX-TSXV/OTC-BXXRF)) (\"Boxxer or the Company\") is pleased to announce that it has completed a National Instrument\n 43-101 Technical Report on its Empire Mine copper-gold porphyry project\n located in the Alder Creek Mining District near Mackay, Idaho (for more\n detailed information on Empire Mine Project, see news release dated\n July 4, 2013). The Technical Report is titled \"Geological Assessment\n and Exploration Proposal (2014/2015) for the Empire Mine Project, Alder\n Creek Mining District\", Custer County, Idaho, U.S.A.  The Technical\n Report dated December 15, 2013 was prepared by Mr. P. Van Angren, P.\n Geol., and will be filed on SEDAR before January 15, 2014.\n\n\nThe Empire Mine property, a former copper-gold-silver producer, consists\n of 23 patented mineral claims, 21 unpatented mineral claims and five\n unpatented mill-site claims covering a contiguous 301 hectares (743.7\n acres).\n\n\nThe Empire Mine is reported to have produced 694,000 tonnes grading\n 3.64% copper, 1.65 g/t gold and 53.9 g/t silver from underground\n workings during the period 1901 to 1942.  The property is classified as\n a polymetallic copper skarn. Previous exploration has encountered oxide\n and sulphide copper mineralization over a strike length of 1,200m which\n ranged from 6 to 70m thick, and to a depth in excess of 300m. A total\n of 258 drill holes (core and reverse circulation), of which 196 are\n located within the AP pit area, have been completed on the Property.\n\n\nBoxxer's President and CEO, Elmer B. Stewart, explained; \"We are very\n pleased that the recently completed independent Technical Report\n recommends additional metallurgical testwork and a preliminary\n resource-modelling study aimed at generating a NI 43-101 current\n mineral resource estimate for the Empire Mine Project. These\n recommendations combined with the positive results of the recent\n metallurgical testwork suggest the advanced nature of this project\".\n\n\nExcerpts from Technical Report:\n\n\n\n\"Preliminary column leach tests have shown very encouraging\n acid-leachable copper-recovery results.\"\n\n\n\"Cambior's assessment of this project, further supported by third party\n engineers and by current drill data analysis, makes this property\n attractive for the potential development o...