BRITISH COLUMBIA — Capstone Mining of Vancouver released the results of a 43-101-compliant resource estimate for the three deposits at the Kutcho copper project near Dease Lake. The measured and indicated portion totals 10.4 million tonnes grading 2.14% Cu, 2.85% Zn, 0.36 g/t Au and 32.4 g/t Ag (using a 1.5% Cu cutoff). In terms of contained copper, the total is 492.4 million lb. There is also an inferred resource of 1.9 million tonnes grading 2.09% Cu, 2.93% Zn, 0.46 g/t Au and 33.6 g/t Ag.
The largest resource is contained in the Main deposit, 9.5 million tonnes containing 438.0 million lb of copper. Based on historical drill results, the Esso deposit contains measured and indicated resources of 951,000 tonnes plus 803,000 tonnes in the inferred category. Also based on historical drilling, the Sumac deposit includes 626,000 tonnes of inferred resources.
The name Capstone was retained when Sherwood Copper and Capstone merged in November 2008. The website at www.CapstoneMining.com is being updated and will soon contain the information from the former Sherwood Copper pages.