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Copperbank Resources Corp.
Summary
| Project: | Pyramid | |
|---|---|---|
| Deposit: | Main Zone, West Zone | |
| Location: | United States | |
| Commodities: | Copper-Molybdenum-Gold | |
| Date: | 3/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-3-2018: Copperbank Resources Corp. announces a Resource Estimation report for its Main Zone, West Zone deposit at the Pyramid project. Amendment to the technical report for resource estimate at Pyramid. The Pyramid Project is an early stage copper moly | |
| Resources: | (Resource, Inf.): 153.4Mt @ 0.37% Cu, 0.021% Mo, 0.09g/t Au at project | |
| CP/QP: | [Resources]: Gilles Arsenau (SRK Consulting (Canada) Inc.) | |
| ABSTRACT: | The Pyramid Project is an early stage copper molybdenum gold exploration prospect located in Alaska, USA. This technical report documents the mineral resource estimate for the Pyramid prospect. It was prepared following the guidelines of the Canadian Securities Administrators National Instrument 43-101 and Form 43-101F1, and in conformity with generally accepted CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines”. SRK recommends that CopperBank continues the exploration on the Pyramid Project, specifically, SRK recommends that the next exploration phase includes a 2,000 m drilling program comprising of 8 additional drill holes to expand and further delineate the porphyry mineralization. Contingent on positive results of the drilling program, SRK recommends that CopperBank carry out a Preliminary Economic Assessment (“PEA”) of the Pyramid Project. The total cost of the combined recommended program is estimated to be approximately US$1,400,000. | |
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