Business
Stratabound commissions Resource Estimates, Preliminary Economic Assessment of Bathurst base metal deposits
Stratabound commissions Resource Estimates, Preliminary Economic Assessment of Bathurst base meta...
About this update from Lode Gold Resources Inc
[{"type":"text","content":"\n\n\n\n Aug. 25, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\n\n SB: TSX Venture Exchange                \n                                                                       Issued:\n 62,075,111 shares\n \n\n CALGARY, Aug. 25 /CNW/ - Stratabound Minerals Corp. is pleased to\n announce that it has commissioned independent resource estimates and a\n Preliminary Economic Assessment (PEA) of its 100%-owned Captain, CNE and\n Taylor Brook base and precious metal deposits located in the Bathurst\n Mining Camp of northern New Brunswick.\n \n\n Resource estimates for the CNE and Taylor Brook deposits will be carried\n out by Wardrop, A Tetra Tech Company ("Wardrop").  They will also\n provide Stratabound with a PEA document, compliant with National\n Instrument 43-101, to investigate the viability of production from the\n combined resources of all three deposits. Mercator Geological Services\n Ltd. of Dartmouth, Nova Scotia will update their October, 2008 Captain\n Deposit resource estimate to incorporate additional drilling completed\n since then.\n \n\n This work is being partly funded by a $100,000 grant awarded to\n Stratabound for evaluation of the CNE deposit under the Province of New\n Brunswick's Deposit Evaluation Program.\n \n\n The resource models for the three deposits will be evaluated by\n Wardrop's open pit and underground mine engineers in order to develop a\n preliminary recommendation of the optimal mining method for each\n resource.  These recommendations will be reviewed with St...