NORTHERN QUEBEC - The latest drilling results from the Corner Brook property belonging to Montreal's CAMPBELL RESOURCES show increased potential at depth and increased resources. Three holes drilled to depths of roughly 1,200 to 1,450 metres returned grades such as 2.79% Cu over 4.30 metres, 9.27% Cu over 7.30 metres, and 3.29% Cu over 1.95 metres.
The results suggest that the Corner Bay deposit has a potential similar to that of various other deposits found on the north side of the Dor Lake complex, says Campbell. It is, however, the first demonstration that the south side of the complex holds mineralization at depth. The heart of the Chibougamau mining camp is located on the north side of this complex.
Two resource calculations were completed on Oct. 31, 2005, for the Corner Bay deposit. Using a 3% Cu cut-off, measured resources are 642,000 tonnes at 5.19% Cu, indicated resources are 249,000 tonnes at 5.26% Cu, and inferred resources are 589,000 tonnes at 7.47% Cu. Using a 2% Cu cut-off, measured resources are 894,000 tonnes at 4.46% Cu, indicated resources are 403,000 tonnes at 4.51% Cu and inferred resources are 869,000 tonnes at 5.96% Cu.
Visit www.CampbellResources.com for a detailed discussion of the mineralization at Corner Bay.
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