QUEBEC - The Quebec Ministry of Environment has issued a permit allowing CAMPBELL RESOURCES of Montreal to begin mining the Merrill Island open pit. The pit is located 5 km from the Copper Rand concentrator in Chibougamau, and treating the Merrill ore there will increase utilization of the plant.
In the initial phase of mining, approximately 150,000 tonnes will be mined beginning in September 2007 at an estimated rate of 20,000 t/month. The estimated grade and recovery rate indicate incremental monthly production of 200,000 lb of copper. Exploration continues with the goal of identifying additional potential to sustain longer term production from the Merrill Island pit. Historic (non-NI43-101-compliant) resources in the Merrill Island past-producing mine are 1.0 million t measured, grading 0.92% Cu, and 905,000 t inferred grading 0.53% Cu.
The Campbell website is at www.CampbellResources.com.