YUKON – Capstone Mining of Vancouver has intersected grades as high as 5.1% Cu from area 2/118 extensions as it tests the potential for developing an underground operation at its Minto copper-gold mine 240 km north of Whitehorse. Results from area 2/118 included 5.1% Cu and 1.7 g/t Au over 4.0 metres and 2.3% Cu and 1.0 g/t Au over 14.0 metres. From the Copper Keel prospect, the best assay was3.3% Cu and 2.17 g/t Au over 4.1 metres.
Drilling is suspended for the spring thaw and to allow time to complete a deep-imaging IP survey. Drilling is to resume in June with two rigs.
For current drillhole locations please view the accompanying map:
The Minto open pit and concentrator reached commercial production on Oct 1, 2007. Target production in 2010 is 50 million to 55 million lb of copper contained in concentrates.