BRITISH COLUMBIA — Columbia Yukon of West Vancouver has released what it calls an “impressive” increase in resources at its Storie molybdenum property, making it one of Canada’s largest moly deposits, according to the company. The Storie property is near the former Cassiar mining camp in the northwest corner of the province.
The latest measured and indicated estimate is 139.82 million tonnes grading 0.064% Mo at a cutoff of 0.030%. In addition, the 2008 drilling program identified an inferred resource of 58.39 million tonnes grading 0.059%. The estimates were made by Mintec, which also updated the 3-D model of the Storie deposit.
The 43-101-compliant report on the Storie project may be read at www.ColumbiaYukon.com.