Copper One looks to resource
7th Feb 2012
TORONTO, Feb 7 – Copper One’s late 2011 drilling at its 100% owned Lone Mountain project in New Mexico, USA has returned an intersection of 135m of 0.36% copper in a previously untested area and tripled the size of the Western Zone.
The Lone Mountain project lies between Freeport McMoran's operating Chino and Tyrone copper mines.
CopperOne says the drilling tripled the Western Zone dimensions to 143m wide by 1046m long and demonstrated the copper oxide mineralisation penetrates deeper than 380m.
President Benoit Moreau says a similar program is planned for 2012 on the open areas of both the Western and Eastern zones, leading to a National Instrument 43-101 compliant resource estimate.
Also in the February 1 - 7, 2012 edition
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- ASIA DESK
- Seeing some light in uranium gloom
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- COAL
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- Queensland minnows feel squeeze
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- CONSULTING
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- FINANCE
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- FROM THE CAPITAL
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- HEAVY METAL
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- INTERCEPTS
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- Bannerman secures DFS funds
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- BHPB alumina up
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- Brimstone to pay for Penny's
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- Chinalco extends Qld copper search
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- East Coast increases Wolfsberg potential
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- San Gold lifts SGX holding
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- Western Desert builds DSO base
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- Yeneena funding looking good
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- MINING INTELLIGENCE
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- MINING IT
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- IT notebook: FEI, Itasca, Mincom
- PEOPLE
- Six dollar samples, 20c schooners and $1 apps
- PROJECT WATCH
- Nena edges ahead
