Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent en
International Enexco Announces an Increase of 49% to 1.06 Billion Pounds of Copper in Measured & Indicated Resources at Its Contact Copper Project, Nevada
Published : October 10, 2012
( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
Mots clés associés :   Copper | Report | Uranium |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 10, 2012) - International Enexco Ltd. (News - Market indicators)(OTCQX:IEXCF)(FRANKFURT:IE6) (the "Company" or "Enexco") is pleased to announce an updated mineral resource estimate has been completed for its 100%-owned Contact Copper Project in northeast Nevada. Measured plus Indicated resources contain an estimated 1.06 billion pounds of copper, an increase of 49% over the previous estimate.

Mineral Resource Estimate reported at 0.10% Copper cut-off
Category Tons Copper
Measured 58,977,000 0.26 306,680,000
Indicated 156,733,000 0.24 752,318,000
Measured + Indicated 215,710,000 0.25 1,058,998,000
Inferred 70,921,000 0.24 340,421,000
  • An increase of 49% in the Measured & Indicated copper resources to 1.06 billion pounds; and
  • An increase of 17% in the Inferred copper resource, to 329 million pounds; also at a 0.10% copper cut-off.

The updated mineral resource estimate incorporates results from 42,418 feet (12,932 meters) of drilling following a significant land acquisition from Allied Nevada Gold Corp. in 2011. The study updates a previous mineral resource estimate in the 2010 NI 43-101 Technical Report Pre-feasibility Study Update for the Contact Copper Project, Elko County, Nevada, USA. The details of updated mineral resource estimate are provided in the accompanying tables.

"The substantial increase in copper resources at our Contact Copper Project validates the work we have done in property acquisition and drilling," commented Arnold Armstrong, President & CEO of Enexco. "We are very pleased with the updated resource figures and the progress we have made in advancing the project to a feasibility study. Our drill programs have produced steady and significant increases in the resources at Contact since 2007, and we still have exploration targets on the property to test by drilling." 

Mineral Resource Estimate at selected cut-offs
Cut-off Tonnage Copper
Copper % Tons % Pounds
Measured 0.10 58,977,000 0.26 306,680,000
0.125 45,376,000 0.31 281,331,000
0.15 36,281,000 0.35 253,967,000
0.20 25,162,000 0.43 216,393,000
0.30 13,977,000 0.58 162,133,000
Indicated 0.10 156,733,000 0.24 752,318,000
0.125 118,604,000 0.29 687,903,000
0.15 92,409,000 0.33 609,899,000
0.20 58,768,000 0.42 493,651,000
0.30 28,195,000 0.61 343,979,000
Total Measured & Indicated 0.10 215,710,000 0.25 1,058,999,000
0.125 163,980,000 0.30 969,234,000
0.15 128,690,000 0.34 863,866,000
0.20 83,930,000 0.42 710,044,000
0.30 42,172,000 0.60 506,112,000
Inferred 0.10 70,921,000 0.24 340,421,000
0.125 53,680,000 0.28 300,608,000
0.15 45,842,000 0.31 284,220,000
0.20 30,506,000 0.37 225,744,000
0.30 13,296,000 0.55 146,256,000
Notes: Mineral Resources have been classified according to "CIM Standards on Mineral Resources and Reserves: Definitions and Guidelines" (December 2005). Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of Mineral Resources will be converted into Mineral Reserves. Mineral Resources cited are global totals. It cannot be assumed that all or any part of an Inferred Resource will be upgraded to an Indicated Resource, or that an Indicated Mineral Resource will be upgraded to a Measured Resource, as a result of continued exploration. Cut-offs used are not based on specific economic conditions and are for comparison only. Mineral resource tonnages and contained metal quantities have been rounded to reflect accuracy of the estimate and the numbers may not sum due to rounding.

The copper mineralization at the Contact Copper Project is comprised of multiple high grade veins within an envelope of lower grade mineralization within granodiorite. A single stage indicator approach was selected to model high grade zones. Copper grades were estimated from the drill hole data base, with assays capped at 10% Cu, using an inverse distance squared (ID-2) algorithm and dynamic anisotropy derived from geostatistical analysis. The resource was categorized into measured, indicated and inferred categories based on cumulative frequency distribution of estimation variance of the resulting block estimates. The mineral resources are global estimates and are unconstrained within the block model for the resources estimate.

The updated estimate uses results from 42,418 feet (12,932 meters) of drilling in 82 holes which commenced following the acquisition of 8,400 acres of adjoining mining claims in the district from Allied Nevada Gold Corp in 2011. The updated resource estimate is based on a database that now consists of 254,998 feet (77,743 meters) of drilling in 329 core and reverse circulation drill holes. 

A NI 43-101-compliant Technical Report detailing the Updated Resource Estimate will be filed within 45 days of the date of this release. The report will be available at www.sedar.com. This report will supersede the PFS2010 and will not be updating the sections related to an advanced mineral exploration project. Enexco is currently working towards a feasibility study for the Contact Copper Project.

William Willoughby, PhD., P.E. is the Qualified Person with Enexco responsible for the content of this news release. The Qualified Persons for the updated mineral resource estimate for the Contact Copper Project are Terre Lane, Principal Mining Engineer and QP, MMSA-QP and Zachary J. Black, E.I.T., Resource Geologist and QP SME-RM No. 4156858RM of 3L Resources, Ltd., Denver, Colorado.

About the Contact Copper Project

The Contact Copper Project is a copper oxide project located in Elko County, Nevada, that is planned to use low cost SX-EW recovery to produce copper cathode on site. Additional information is available on Enexco's website at http://www.enexco.ca and in the October, 2010 NI 43-101 Technical Report Pre-feasibility Study Update for the Contact Copper Project, Elko County, Nevada as posted on Sedar.

About International Enexco Ltd.

International Enexco Ltd. is a North American exploration and development company focused on the feasibility stage Contact Copper Project in northern Nevada. The Company also pursues gold and silver exploration in Idaho and Nevada, and is advancing the Mann Lake Uranium Project located in Saskatchewan's prolific Athabasca basin. This project is a joint venture with Cameco as operator and Areva-two of the world's largest uranium companies.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

G. Arnold Armstrong, President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

The TSX Venture Exchange or its Regulation Services Provider have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

International Enexco Limited
Spiros Cacos
604 669 8368
604 642 3691 (FAX)

International Enexco Limited

ISIN : CA45945G1072
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
de Marché
Projets & res.
de Presse
Profile actifs
Contactez la cie

International Enexco est une société développant des projet miniers de cuivre et d'uranium basée au Canada.

International Enexco détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont LOOMIS, HOT POT PROJECT, MANN LAKE, CONTACT COPPER et MANN LAKE (JV) au Canada.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
Financements de International Enexco Limited
14/02/2014Announces Non-Brokered Private Placement
Nominations de International Enexco Limited
13/07/2011Appoints Spiros Cacos
24/06/2008Appoints Two New Directors
Projets de International Enexco Limited
27/01/2014Commences $2.9 Million Drill Program on the Man Lake Uranium...
10/12/2013International Enexco Gives a Base Metal (and Uranium) Balanc...
13/11/2013(Mann Lake)Announces $2.9 Million Drill Program, on the Mann Lake Urani...
10/10/2013(Contact Copper)Files Pre-Feasibility Study for Contact Copper Project, Neva...
01/10/2013(Contact Copper)Announces Positive Pre-Feasibility Study for Contact Copper ...
25/06/2013Announces Joint Venture with Denison Mines on Bachman Lake U...
27/03/2013(Mann Lake)Reports On the Mann Lake Uranium Project, Athabasca SK
19/02/2013(Mann Lake)JV Partner Cameco Adds Third Drill Rig On the Mann Lake Uran...
08/02/2013(Mann Lake)Minesite.com Article: International Enexco Sets The Drills T...
21/01/2013International Enexco Commences $6 Million, Three Rig Drill P...
21/01/2013(Mann Lake)Commences $6 Million, Three Rig Drill Program, On the Mann L...
18/09/2012International Enexco Announces Positive Metallurgical Result...
18/09/2012(Contact Copper)Announces Positive Metallurgical Results from Contact Copper...
10/09/2012(Contact Copper)Completes Drill Program at Contact Copper Project and Report...
19/03/2012International Enexco Announces Additional Drill Results from...
24/02/2012International Enexco's Shares Power Ahead, As The Contact Co...
23/02/2012(Contact Copper)MINESITE.COM: International Enexco's Shares Power Ahead, As ...
16/01/2012(Contact Copper)Drill Program Update for Contact Copper Project, Nevada
28/11/2011(Contact Copper)Commences Drilling Contact Copper Project, Nevada
27/07/2011(Contact Copper)to Acquire Properties of Allied Nevada at Contact, Nevada
09/02/2011(Contact Copper)Rising Copper Prices Favor International Enexco
17/08/2009Positive Copper Pre-Feasibility Study Received
09/02/2009(Mann Lake)Drilling at Mann Lake Underway with Cameco as Operator
07/01/2009(Mann Lake)Cameco to Commence 3rd Enexco Drill Program at Mann Lake
29/09/2008(Contact Copper)Prepares to Drill Newly Optioned Boston Claim Group
21/08/2008(Contact Copper)Pre-Feas Study to Commence at Contact - New Resource Calcula...
Communiqués de Presse de International Enexco Limited
04/11/2013Announces Drill Results From the Bachman Lake Uranium Projec...
10/10/2013Mid=2DDay Breaking News From Zenyatta and International Enex...
09/09/2013Mid=2DDay Breaking News From International Enexco=2C Miracul...
26/08/2013Mid=2DDay Breaking News From Rango Energy and International ...
26/08/2013and Denison Mines Commence Drill Program on the Bachman Lake...
10/10/2012Mid-Day Breaking News From International Enexco, Gold Reach,...
10/10/2012(Contact Copper)Announces an Increase of 49% to 1.06 Billion Pounds of Coppe...
10/10/2012Announces an Increase of 49% to 1.06 Billion Pounds of Coppe...
27/08/2012Mid-Day Breaking News From Pelangio, International Enexco, S...
27/08/2012(Contact Copper)Confirms New Copper Target at Contact Copper Project (Nevada...
20/06/2012Todd Hilditch Joins International Enexco as Director
23/05/2012Mid-Day Breaking News From International Enexco, CardioComm,...
23/05/2012(Contact Copper)Additional Drill Results from Contact Copper Project, Nevada
26/04/2012Mid-Day Breaking News From International Enexco and Canada R...
19/03/2012(Contact Copper)Announces Additional Drill Results From Contact Copper Proje...
01/03/2012Mid-Day Breaking News From Mirasol, Novadx, Zimtu, Internati...
01/03/2012(Mann Lake)Announces Winter Geophysical Survey Planned at Mann Lake, Sa...
16/01/2012Mid-Day Breaking News From El Ni=F1o Ventures and Internatio...
28/11/2011Mid-Day Breaking News From El Nino, Millrock, Golden Touch, ...
11/07/2011Former Nevada Governor Jim Gibbons Joins International Enex...
01/12/2010President's Letter International Enexco
09/06/2009signs JV with Nevada Exploration Inc.
02/06/2009has entered into an option agreement with Fronteer Developme...
Publication de commentaires terminée
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
CA$ 0,410
10/06 15:54 -
Cours préc. Ouverture
0,410 0,440
Bas haut
0,410 0,440
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,410 -%
Volume var. 1 mois
33 100 -%
24hGold TrendPower© : 2
Recherche Copper - Gold - Uranium
Interactive chart Add to compare
Imprimer Comparer Exporter
Dernière mise à jour le : 18/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
Variation annuelle
Graphique 5 ans
Graphique 3 mois
Graphique volume 3 mois
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
announces expected non-cash impairment
7,62 AU$-0,13%Trend Power :
Oceana Gold(Au)OGC.AX
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
7,27 US$-0,68%Trend Power :
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
Reduced Funding Requirement
0,67 GBX+6,35%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+30,00%Trend Power :
Closes Bridge Loan Financing
2,13 CA$-0,47%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
9,41 CA$-3,59%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,22 CA$+0,00%Trend Power :
Q A April 2017 Quarterly Report
0,24 AU$-2,04%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,44 CA$-4,64%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
46,69 US$-0,13%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
2nd Quarter Report
0,02 AU$+0,00%Trend Power :