Nuinsco Resources (TSX:NWI) announced an NI 43-101 resource mineral resource estimate for the Corner Bay copper deposit in Chibougamau, Quebec.
Resource estimate at Corner Bay includes:
Tonnage Grade Category Metric Tonnes % Cu g/t Au g/t Ag Measured 360,000 3.44 0.33 2.92 Indicated 465,000 3.40 0.31 4.32 Total Measured & Indicated 825,000 3.42 0.32 3.71 Inferred 734,000 3.33 0.28 11.56
Roland Horst, Nuinsco CEO, stated:
With 825,000 tonnes of M&I resources grading 3.42% copper, the partially-developed Corner Bay deposit is the most likely target for first production from CBay’s Chibougamau assets. n addition, with drill results including 16.2 metres (7 metres horizontal width) grading 9.27% copper at 1,200 metres vertically below surface, RPA highlights the potential to add significant tonnage to the current mineral resources at depth with additional drilling.