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Capstone Mining Corp.
Summary
| Project: | Cozamin | |
|---|---|---|
| Deposit: | Cozamin | |
| Location: | Mexico | |
| Commodities: | Copper-Lead-Zinc-Silver | |
| Date: | 12/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 2-12-2019: Capstone Mining Corp. announces an Exploration/Drilling Update report for its Cozamin deposit at the Cozamin project. Drilling results incl. 23.4m @ 2.20% Cu, 0.08% Zn, 0.04% Pb, 43.6g/t Ag from 527.5m. Vancouver, British Columbia - Capstone Mi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brad Mercer (Internal) | |
| ABSTRACT: | Vancouver, British Columbia - Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announces additional high grade copper and silver results from 20 infill drill holes at its Cozamin Mine, further to the update of November 5, 2019. These, plus an additional 15 holes pending assays, bring the total drilled to date to 138 holes of a 200 hole program, aiming to more than double the current reserve base. Drill results to date continue to demonstrate greater widths and grades than current Mineral Reserves. Mineral Resources and Mineral Reserves estimates will be updated in late 2020. “These recent drill results continue a theme we saw in the last results, released in early November, of better grade times thickness on average than the current reserve,” said Brad Mercer, Capstone’s Senior Vice President of Operations and Exploration. “With each additional hole we are more confident that Cozamin will be an even greater mine for the next decade, with 50% higher copper and silver production compared to today. The Mala Noche Footwall Zone (“MNFWZ”) is still open in two directions and we continue to keep six drills running to expand the resource and eventually the mineral reserves with a new technical report next year.” | |
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