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Stratabound updates Captain copper-cobalt project, begins drilling Commander copper prospect
Stratabound updates Captain copper-cobalt project, begins drilling Commander copper prospect
About this update from Lode Gold Resources Inc
[{"type":"text","content":"\n\n\n\n Nov. 2, 2010 (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\nSB: TSX Venture Exchange\n\nIssued: 62,145,111 shares\n\nCALGARY, Nov. 2 /CNW/ - Stratabound Minerals Corp. is pleased to report additional drill results from its 100%-owned Captain copper-cobalt deposit, located within the infrastructure-rich Bathurst mining camp of northern New Brunswick.\nThe company has commissioned Mercator Geological Services Limited, to update the 2009 National Instrument 43-101 compliant Captain resource estimate (see Technical Report on website, www.stratabound.com) to include results of the last five drillholes. The company anticipates the updated resource estimate will be available this month. This resource will form part of the Preliminary Economic Assessment (PEA) of the combined resources of this deposit and Stratabound's nearby, wholly-owned CNE and Taylor Brook zinc-lead-silver deposits. The PEA is being conducted by Wardrop, A Tetra Tech Company.\nFour additional holes have been completed at Captain since the positive results of Hole 26, a 100-metre downdip extension, reported on March 24, 2010. Hole 26 intersected 19.5 metres grading 1.12% copper and 0.034% cobalt, including 8.5 metres of 2.11% copper and 0.052% cobalt.\nHole CP-10-28 was collared 50 metres west of previously reported drillhole CP-15 (news release August 7, 2008). The hole flattened with depth, intersecting the mineralized zone at right angles, so the intervals reported below are approximate true thicknesses. The h...