
Niblack Target Zones![]() click to enlarge |
VMS mineralization at the Niblack property is hosted within a thick sequence of rhyolite and includes six known target zones -- including the historic Niblack mine, Dama zone, Lindsy zone, Trio zone, Mammoth zone and the Lookout zone. Mineralization at Niblack is controlled by a fold repetition of the rhyolite sequence.
Based on a July 9, 2009 mineral resource estimate, using a US$50 NSR cut-off, the Niblack deposit comprises:
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Preliminary metallurgical testwork has returned excellent recoveries.
- 2.6 million tonnes of indicated mineral resource grading 1.18% copper, 2.33 g/t gold, 2.19% zinc, and 33.18 g/t silver; and containing 67 million lb copper, 193,600 oz gold, 125 million lb zinc and 2.8 million oz silver; and
- 1.7 million tonnes of inferred resource grading 1.55% copper, 2.08 g/t gold, 3.17% zinc, and 32.56 g/t silver and containing 58 million lb copper, 114,300 oz gold, 120 million lb zinc and 1.8 million oz silver.
RESOURCE ESTIMATE TABLE
Exploration potential
Niblack Property![]() click to enlarge |
The comprehensive 6,200-acre Niblack land package holds tremendous potential for identifying further zones of mineralization beyond the six known VMS targets.