Business
Crown Gold Files Techinical Report for its Superior Copper Project in California
Toronto, Ontario--(Newsfile Corp. - November 15, 2013) - Crown Gold Corporation (TSX Venture: ...
About this update from Us Copper Corp
[{"type":"text","content":"\nCrown Gold Files Techinical Report for its Superior Copper Project in CaliforniaToronto, Ontario--(Newsfile Corp. - November 15, 2013) - Crown Gold Corporation (TSX Venture: CWM) (\"Crown\" or the \"Company\") is pleased to announce that it has received and filed on SEDAR a National Instrument 43-101 report entitled \"Technical Report and Resource Estimate for the Superior Project, Plumas County, California\". The report was prepared by Mr. William Tanaka and Mr. John Lukens, both qualified persons as defined by NI 43-01.The highlights from the Technical Report were highlighted in Crown's earlier news release of October 2, 2013. These highlights were the reporting of initial resource estimates, compliant with the requirements of National Instrument 43-101 (\"NI 43-101\"), for its 100% controlled Superior and Engels copper deposits located in northeast California, USA.Highlights were:An inferred mineral resource of 54 million metric tonnes at an average grade of 0.41% total copper with 487 million pounds of contained copper in the Superior Deposit.An inferred mineral resource of 2.6 million metric tonnes at an average grade of 1.05% total copper with 60 million pounds of contained copper in the Engels Deposit.The estimate is summarized as follows:Deposit Resource classification Metric tonnes Copper grade (%) Contained copper in pounds Superior Inferred 54,400,000 0.41 487,000,000 Engels Inferred 2,600,000 1.05 60,000,000 Total Inferred 57,000,000 0.44 547,000,000  Notes: Engels tonnage has been adjusted by removal of 700,000 tonnes at the average estimated grade above cut-off to account for material historically mined within the pit shell volume.The authors of the report conclude that \"the Superior Project demonstrates the presence of a significant resource with considerable upside potential for expansion through focused exploration…\" There are 3 deposits in the Superior Project and \"Sulfide Ridge presents the greatest opportunity for significant expansion of the resource.\" The authors \"recommend that Crown Gold undertake a phased approach to advancing all three deposits with first priorities to include drilling to expand the shallow mineralization at Engels.\"The Technical Report can now be viewed on the Sedar website under Crown Gold's Profile.William F. Tanaka, Independent Mineral Consultant, FAusIMM, has pr...