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Pinnacle Revises Preliminary Economic Assessment for the Silver Coin Gold Project and Files Revised Annual Information Form
Pinnacle Revises Preliminary Economic Assessment for the Silver Coin Gold Project and Files Revis...
About this update from Jayden Resources Inc
[{"type":"text","content":"\nPinnacle Revises Preliminary Economic Assessment for the Silver Coin Gold Project and Files Revised Annual Information Form\n\n\n Mar. 17, 2010 (TheNewswire.ca) -- Vancouver, B.C., March 17, 2010; Pinnacle Mines Ltd. (TSXV:PNL) (TSXV: PNL; \"Pinnacle\" or the \"Company\") announces that it has revised its December 30, 2009 NI 43-101 Preliminary Economic Assessment Report for its Silver Coin gold project located near the town of Stewart, in NW British Columbia. The revised technical report prepared by the engineering firm Tetra Tech, Inc. (NASDAQ:TTEK) (\"Tetra Tech\") is available on the Company's web site and on SEDAR and clarifies the Company's two prior news releases dated January 11, 2010 and January 15, 2010.Resource CalculationTetra Tech reports the following revised gold resource (OTCBB:GORO) which now includes an additional Cutoff Grade case at 0.30 Au (g/t):\nTABLE 1-1: Silver Coin total classified resources Pinnacle Mines Ltd. - Silver Coin Gold ProjectDecember 2009 \nMeasured RESOURCES \nROCKTYPE Cutoff GradeAu (g/t) TONNES Avg. Grade Contained Metal(‘000) \n (000) Au(g/t) Ag(g/t) Zn(%) Au(oz) Ag(oz) Zn(lb) \nALL 0.25 8,895 1.28 7.04 0.29 365 2,012 55,967 \nALL 0.30 8,091 1.38 7.30 0.30 358 1,899 53,833 \nALL 0.50 5,957 1.73 8.16 0.35 331 1,562 46,569 \nALL 0.75 4,308 2.16 8.96 0.40 299 1,241 38,246 \nALL 1.00 3,219 2.59 9.64 0.44 268 997 31,140 \nALL 1.25 2,505 3.01 10.27 0.47 243 827 26,017 \nALL 1.50 2,052 3.38 10.93 0.50 223 721 22,723 \n \nIndicated RESOURCES \nROCKTYPE Cutoff GradeAu (g/t) TONNES Avg. Grade Contained Metal(‘000) \n (000) Au(g/t) Ag(g/t) Zn(%) Au(oz) Ag(oz) Zn(lb) \nALL 0.25 18,385 1.02 5.99 0.20 602 3,544 82,522 \nALL 0.30 16,617 1.10 6.21 0.21 586 3,318 78,580 \nALL 0.50 11,811 1.38 6.92 0.25 526 2,627 65,174 \nALL 0.75 8,009 1.75 7.54 0.28 451 1,942 49,527 \nALL 1.00 5,608 2.13 8.13 0.30 384 1,465 37,511 \nALL 1.25 4,073 2.51 8.56 0.32 329 1,121 28,949 \nALL 1.50 3,048 2.90 9.17 0.35 284 898 23,297 \n \nMeasured + Indicated RESOURCES \nROCKTYPE Cutoff GradeAu (g/t) TONNES Avg. Grade Contained Metal(‘000) \n (000) Au(g/t) Ag(g/t) Zn(%) Au(oz) Ag(oz) Zn(lb) \nALL 0.25 27,279 1.10 6.33 0.23 967 5,556 138,441 \nALL 0.30 24,708 1.19 6.57 0.24 944 5,217 132,420 \nALL 0.50 17,767 1.50 7.33 0.29 857 4,189 111,750 \nALL 0.75 12,317 1.89 8.04 0.32 749 3,184 87,762 \nALL 1.00 8,827...