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Telson Releases New Mineral Resource Estimate for Campo Morado

(via TheNewswire) Vancouver, British Columbia / TheNewswire / Wednesday November ...

articleLuca Mining CorpNovember 8, 20174/company/luca-mining-corp/news/telson-releases-new-mineral-resource-estimate-for-campo-morado
Telson Releases New Mineral Resource Estimate for Campo Morado

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[{"type":"text","content":"Telson Releases New Mineral Resource Estimate for Campo Morado(via TheNewswire)\n\n \n\n\n\n \n \nVancouver, British Columbia / TheNewswire / Wednesday November 8, 2017 - Telson Resources Inc. (\"Telson\" or the \"Company\") (TSX Venture - TSN.V) is very pleased to announce the completion of a new Canadian National Instrument NI 43-101 mineral resource estimate for its Campo Morado property in Guerrero State, Mexico (\"Campo Morado\"). This resource estimate has been prepared by Eric Titley P.Geo. of Titley Consulting Limited based in Vancouver, British Columbia. \n\n \n \n\nClick Image To View Full Size\n\n \n \nNotes:\n\n\n \nThese resources estimates have been prepared in accordance with NI 43-101 and the CIM Definition Standards. Inferred mineral resources are considered to be too speculative to allow the application of technical and economic parameters to support mine planning and evaluation of the economic viability of the project. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for Preliminary Economic Assessments as defined under 43-101. It cannot be assumed that all or any part of the Inferred resources will ever be upgraded to a higher category.\n\n \n \nThe mineral resources were depleted to December 2014, the last phase of mining, by removing all material from the tabulation as found in the excavation solids models provided by Telson Resources.\n\n \n \nZinc equivalent calculations used metal prices of USD$1.20/lb zinc, US$2.80/lb for copper, US$17/oz for silver, US$1150/oz for gold and US$0.90/lb for lead and metallurgical recoveries of 70% for zinc, 68% for copper, 38% for silver, 25% for gold and 60% for lead.\n\n \n \nA 5.5% ZnEq cut-off is considered to be appropriate for underground mining operations in Mexico. All mineral resource estimates, cut-offs and metallurgical recoveries are subject to change as a consequence of more detailed economic analyses that would be required in pre-feasibility and feasibility studies. The 5.5% ZnEq cut-off in bold is considered the base case mineral resource estimate. Other estimates are presented in the context of cut-off grade sensitivity analysis.\n\n \n \nSome figures may not sum exactly due to rounding.\n\n \n \nThe data in the global resource table above is a compila...

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