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Sherwood Copper Corp.

Publié le 19 septembre 2007

Discovers High Grade at Airstrip & Expands High Grade at Area 2-Area 118, Mint

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Mots clés associés :   Canada | Copper | K Street |

A NORTHAIR GROUP COMPANY

SUITE 860 - 625 HOWE STREET Ÿ VANCOUVER, BC  Ÿ V6C 2T6  CANADA Ÿ TEL: (604) 687-7545  FAX: (604) 689-5041

PRESS RELEASE

FOR IMMEDIATE RELEASE

 

September 19, 2007                                                                                                             #07-26

 

Sherwood Discovers High Grade at Airstrip & Expands High Grade at Area 2-Area 118, Minto Mine

5.75% Copper over 3.1m (10.3ft) at Airstrip, 3.29% Copper over 7.6m (25ft) at Area 2

 

VANCOUVER, BRITISH COLUMBIA - Sherwood Copper Corporation (SWC: TSX-V) today announced results for a second batch of 21 exploration diamond drill holes from its Phase 2 - 2007 exploration program at the high grade Minto copper-gold mine in the Yukon. Highlights include the discovery of a new area of high grade mineralization at the Airstrip-Copper Keel prospect, expansion of the Area 2 deposit to the southwest and identification of a higher grade core at the recent Area 118 discovery.

 

The 2007 exploration program is designed to test a number of prospects outside of the main Minto pit, including ?Area 118?, ?Ridgetop? and ?Airstrip-Copper Keel?, as well as looking to expand the Area 2 resource defined in 2006.  The 2007 program has been exceptionally successful, with new zones of high grade mineralization discovered in each of the prospects tested and the mineralization at Area 2 expanded.  Highlights of the results are tabulated below, while complete results are attached.

 

Hole ID

Target

Interval ID

From

(m)

To

(m)

Interval (m)

Interval (ft)

Copper (%)

Gold (g/t)

Silver (g/t)

07SWC-199

Area 118

Area 118M

161.1

171.8

10.7

35.1

1.78

0.77

pending 

 

 

Including

161.1

169.3

8.2

26.9

2.15

0.99

pending

07SWC-200

Area 118

Area 118M

162.8

175.8

13.0

42.7

1.13

0.36

5.0

 

 

Including

162.8

166.8

4.0

13.1

2.44

0.54

9.1

07SWC-213

Airstrip

Unnamed

99.9

104.0

4.1

13.4

2.79

0.93

pending

 

 

and

186.3

189.4

3.1

10.3

5.75

1.88

pending

07SWC-216

Area 2

Interval O

199.8

207.5

7.6

25.0

3.29

1.77

pending

07SWC-217

Copper Keel

Unnamed

71.2

77.8

6.6

21.8

1.96

1.11

9.9

 

?Sherwood?s exploration team continues to deliver successes at our high grade Minto copper-gold mine in the Yukon,? said Stephen Quin, President & CEO.  ?The recent successes at Airstrip and Area 2 add to the previously reported discoveries at Ridgetop and Area 118, making four new discoveries of high grade copper-gold mineralization in 2007.  The discovery of a high grade core to the Area 118 mineralization on the Area 2-Area 118 boundary is very encouraging, while the discovery of a new zone of high grade copper-gold mineralization in the Airstrip-Copper Keel area is particularly exciting since it opens up a large area of ground previously thought to have low prospectivity.  All of these prospects remain open to expansion and drilling continues.?

 

Phase 2 ? 2007 Drill Program

The 2007 Phase 2 drill program continues at a rapid pace, with 73 exploration holes (17,558m) and 10 geotechnical holes (1,406m) completed to date.  Assay results are pending for 38 holes already completed and drilling with two rigs is still in progress.  The geotechnical holes were additions to the 2007 program and were drilled to assist in the geotechnical optimization of the main Minto pit mine and in the expanded pre-feasibility study incorporating Area 2 resources.

 

As announced March 5, 2007, the Phase 2 exploration program is the major component of 2007?s exploration activities with more than 60 drill holes (for 13,500m) budgeted.  This milestone was reached in late August but, based upon positive results, a decision was made to continue drilling until the end of September.  Phase 2 concentrated on drill testing multiple targets such as ?Ridgetop?, ?Area 118? and ?Airstrip?, where 1970?s drilling identified copper-gold mineralization with coincident geochemical/geophysical anomalies, but which were not fully evaluated.  These prospects are discussed in more detail in the March 5, 2007 news release and are identified on the accompanying maps:

http://www.sherwoodcopper.com/i/pdf/PriorityExplorationCorridor.pdf and http://www.sherwoodcopper.com/i/pdf/Detailed-Gradient-IP-Feb07.pdf).

 

This release includes exploration results for Area 2 (7 holes), Area 118 (8 holes), Airstrip SW (2 holes), Copper Keel S (1 hole), and IROD (4 holes). In addition to exploration drilling, four geotechnical holes were also completed as part of the Area 2 Pre-feasibility study. Follow this link to current drill hole locations discussed in this news release (http://www.sherwoodcopper.com/i/pdf/07Phase2DHLocationMap.pdf).

 

Drilling to date shows that Area 2 is partially open in the southwest at shallow levels and is wide open on deeper levels.  At Area 118, immediately adjacent to the Area 2 deposit, wide spaced drilling continues to delineate an aerially extensive mineralized system but more importantly has now identified a higher grade core area.  In August, drilling at ?Airstrip SW? and adjacent ?Copper Keel S? prospects discovered a new high grade system including a totally new style of copper?gold rich mineralization, as discussed below.

 

Airstrip SW ? Copper Keel

Initially this prospect was thought to comprise two separate targets but now appears to be one system that is cut by late, post mineral fault(s). Initially six drill holes were planned to test a broad, double lobed, gradient IP chargeability anomaly more that 600m wide in the east-west direction and open to the south, trending off the 2006 survey grid. The survey has since been expanded to the south to encompass a larger area.  To date, Sherwood has drilled 10 holes in this prospect but assays are only available for three. The results of these holes show a layered, stacked system of foliated (favourable host) and massive granodiorite, typical of the Minto project, but a new style of copper sulphide mineralization has also been identified.

 

Drill holes 07SWC-213 & -215 on the east flank (Airstrip SW) of this combined geophysical anomaly intersected Cretaceous age conglomerate down to 87m and 51m below surface, respectively.  The conglomerate is unconformably overlying favourable host rocks and itself contains abundant cobbles and boulders of foliated granodiorite, including some mineralized material. This relationship gives an approximate upper age to the mineralization.  The conglomerate was not intersected on the west side (Copper Keel) of the combined Airstrip SW ? Copper Keel S chargeability anomalies and is presumed to be eroded away.

 

Two markedly different styles of copper mineralization were intersected in drilling at Airstrip SW-Copper Keel. One is the chalcopyrite-bornite-magnetite-gold mineralization typically found throughout the Minto project.  The second type is coarse grained chalcocite-gold (+/- native copper) associated with mixed iron oxides including specular hematite and earthy hematite, with the latter sometimes replacing or inter-grown with magnetite. The chalcocite-rich material is found nearer the unconformity with the conglomerate, while the more typical ?Minto-style? of mineralization is deeper down.  Situated in between the two relative elevations and contrasting styles of mineralization are widespread disseminations of native copper and occasionally coarser grained native copper nuggets in veins, hosted in fresh, apparently unaltered, rock.

 

While chalcocite is locally present elsewhere on the Minto Property, it always appears to occur as secondary replacement mineral resulting from surface oxidation and typically rimming the primary copper sulphide minerals chalcopyrite and bornite. At the Airstrip and Copper Keel prospects, the chalcocite appears to be primary in nature: it is very coarse grained blebs to massive irregular stringers and is not associated with significant amounts of other secondary copper minerals, such as malachite and azurite, which is typical of secondary enrichment zones elsewhere on the property.  The presence of chalcocite could be significant from two aspects: since chalcocite is nearly 80 weight percent copper it can make a very high grade copper concentrate and, if it does prove to be primary in nature, it has genetic implications that support an ?Iron Oxide Copper Gold? deposition model for the Minto ore bodies.  This could open up further areas for exploration not previously considered.

 

In 07SWC-213 the regular chalcopyrite dominated mineralization, starting at 186.3m down the hole, graded 5.75% Cu and 1.88g/t Au over 3.1 metres and the chalcocite dominated mineralization, starting only 99.9m down the hole, graded 2.79% Cu & 0.93g/t Au over 4.2 metres.  In 07SWC-217 this chalcocite mineralization was just 71.2m down the hole, just beneath overburden, where a 6.6m interval graded 1.96% Cu and 1.1g/t Au.

 

Area 2

Exploration drilling at Area 2 in 2007 concentrated on testing (1) the north perimeter of the deposit for potential expansion at shallow depths and (2) the west perimeter for expansion of both shallow and moderately deep horizons.

 

Holes 07SWC-205; -208 and 211 tested the north perimeter; and assays for 07SWC-205 & -208 indicate that significant grade mineralization is petering out in that direction.  Weak mineralization was encountered in both holes, but is complicated by post-mineral faults.  Assay data is still pending for 07SWC-211.

 

Drilling on the west and southwest perimeter of Area 2 was successful, with hole 07SWC-214 intersecting 9.5 metres grading 1.75% copper and 0.60g/t gold, including 6.0 metres of 2.04% copper and 0.54 g/t gold. Even more encouraging is hole 07SWC-216, which stepped out 30+ metres west of two previous holes; Sherwood Copper hole 06SWC-127 and ASARCO hole A91-74.  Hole 07SWC-216 intersected high grade mineralization, grading 3.29% Cu and 1.77 g/t Au over 7.6 metres.  It is now clear that the two previous holes in this region were not deep enough to intersect this horizon, which opens up possibilities for further infill, as well as step out, potential.  More diamond drilling is planned for this region.

 

Area 118

Continuing to the southwest, drilling to date on the Area 118 prospect totals 22 exploration holes and more holes are planned. As previously reported Area 118 is a large system, measuring more than 500m by 200m in aerial extent, and is located immediately adjacent to Area 2 on its southwest margin.  Prior to Sherwood Copper, only two holes were ever drilled in this area. Both suggested that the mineralization discovered and tested by Sherwood Copper last year at Area 2 was also present at Area 118.

 

Drilling at Area 118 is targeted on a persistent, north-dipping horizon, provisionally named Area 118M.  It is situated between 160m to 215m below surface in the area tested and drilling typically intersects one or more additional mineralized intervals above the principal horizon, including some very thick intersections of nearer surface but generally more moderate grade mineralization.  The Area 118 system has been traced up to the southwest margin of Area 2, where Sherwood?s original geologic model suggested that Area 2 and Area 118 are parts of the same system, separated by either a fault or an open fold hinge.  Preliminary interpretations of drilling to date now favours a fault model in which the Area 118 mineralization is equivalent to the deeper Area 2 horizons that are now faulted upward and juxtaposed against upper Area 2 mineralization.

 

Drilling to date at Area 118 is very wide spaced, varying from approximately 60-80m centres.  Most Area 118 holes, up to and including hole 07SWC-193, concentrated on outlining the west and north perimeters of mineralization, while holes 07SWC-199 and -200 targeted southern areas.  Located southwest of ASARCO drill hole A139-74, these latter two holes indicate the presence of higher grade mineralization in that area.  Hole 07SWC-199 intersected 10.7m of 1.78% copper and 0.77g/t gold, including 8.2m of excellent grade material at 2.15% copper and 0.99g/t gold. Hole 07SWC-200 intersected 13.0m of 1.13% copper and 0.36g/t gold, including 4.0m of 2.44% copper and 0.54 g/t gold.  Based upon these encouraging results, a fence of drill holes was placed 60m to the west of the above mentioned holes and assay results are pending.  Holes 07SWC-202 and -204, located approximately 100m to the northeast and southeast respectively of 07SWC-199, both intersected wide intervals of the principal target horizon including more than 10m of good grade material in the 1% copper range (see results table below) indicating excellent infill potential in those directions.

 

IROD

Four holes were drilled at IROD to test a high amplitude IP chargeability anomaly where there was no other data available.  While multiple thick intersections of foliated granodiorite were intersected, no significant copper ? gold mineralization was encountered.  Trace amounts of chalcopyrite and pyrite were noted in drill core but are deemed insufficient to explain the Gradient IP anomaly.  The implications for this area will be considered over the winter.

 

Minto Project

The Minto Project is a high-grade copper-gold deposit located in the Yukon Territory of Canada.  The mine development is complete and first concentrates were produced at the end of May, 2007.  Commissioning and production ramp up is underway and full production is anticipated by the end of the third quarter of 2007. 

 

Sherwood

Sherwood?s successful consolidation of the ownership of the Minto Project provides a unique investment opportunity ? participation in a high-grade, open pit copper-gold mine located in Canada with tremendous exploration potential on the property.

 

Quality Assurance

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Stephen P. Quin, P. Geo., President & CEO for Sherwood Copper Corporation.  The exploration activities at the Minto project site are carried out under the supervision of Brad Mercer, P. Geol., Exploration Manager with Sherwood.

 

The analytical method for the copper, gold and silver analyses is multistage acid digestion of the samples followed by atomic absorption spectroscopy for copper and fire assay with atomic absorption spectroscopy finish for gold and silver carried out by ALS Chemex in North Vancouver.  When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and screen metallic assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database for resource calculations. Blank and standard samples are used for quality assurance and quality control, and any check samples that assay outside the expected ranges results in the entire batch being re-assayed.  After the completion of planned drill programs at Minto, random check assays will be carried out by Acme Analytical of Vancouver.

 

Assay intervals reported herein are drill core lengths unless otherwise stated.  Because the deposit is essentially flat lying and most drill holes reported to date are vertical, true widths are generally expected to be the same as reported core lengths. 

 

Additional Information

Additional information on Sherwood and its Minto Project can be obtained on Sherwood?s website at http://www.sherwoodcopper.com..

 

 


On behalf of the board of directors

SHERWOOD COPPER CORPORATION

?Stephen P. Quin?

Stephen P. Quin

President & CEO

  

 

 

For further information please contact Stephen Quin, President of Sherwood Copper Corp.

or Brad Kopp or Kristy Reynolds at (604) 687-7545 or (888) 338-2200

** INTERNET ADDRESS: www.sherwoodcopper.com **

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results.   See the Company?s filings for a more detailed discussion of factors that may impact expected results.


Details of Drill Results

To accompany Sherwood Copper News Release Dated September 19, 2007

 

Hole ID

& Target

Interval ID

From

(m)

To

(m)

Interval (m)

Interval (ft)

Copper (%)

Gold (g/t)

Silver (g/t)

07SWC-192

Interval L

60.8

64.8

4.1

13.4

1.08

0.08

2.1

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-193

 

36.4

57.4

21.0

68.9

0.88

0.08

1.1

?Area 118?

Including

36.4

39.8

3.4

11.2

2.84

0.04

2.4

 

Area 118M

167.8

179.8

12.0

39.4

0.65

0.11

2.1

 

 

257.9

261.1

3.2

10.5

1.43

0.58

11.8

 

 

 

 

 

 

 

 

 

07SWC-194

 

70.9

92.2

21.3

69.9

0.43

0.07

1.3

?Area 118?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-195

 

13.9

16.4

2.5

8.2

1.03

0.44

pending

?Area 118?

 

85.7

94.1

8.4

27.6

0.54

0.09

3.5

 

 

145.6

151.3

5.7

18.7

0.51

0.00

3.2

 

 

 

 

 

 

 

 

 

07SWC-196

Geotechnical

ASSAYS PENDING

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-197

Geotechnical

Sample collected for Bond Work Index Testing ? Area 2 Pre-feasibility

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-198

Geotechnical

Sample collected for Bond Work Index Testing ? Area 2 Pre-feasibility

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-199

Area 118M

161.1

171.8

10.7

35.1

1.78

0.77

pending 

?Area 118?

Including

161.1

169.3

8.2

26.9

2.15

0.99

pending

 

 

 

 

 

 

 

 

 

07SWC-200

 

96.1

102.7

6.6

21.7

0.75

0.10

2.4

?Area 118?

Area 118M

162.8

175.8

13.0

42.7

1.13

0.36

5.0

 

Including

162.8

166.8

4.0

13.1

2.44

0.54

9.1

 

 

 

 

 

 

 

 

 

07SWC-201

Geotechnical

ASSAYS PENDING

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-202

 

6.1

11.0

4.9

16.1

0.89

0.09

2.9

?Area 118?

Including

6.1

9.1

3.0

9.8

1.19

0.12

4.0

 

 

55.2

71.5

16.3

53.5

0.68

0.15

1.8

 

Including

55.2

62.7

7.5

24.6

0.96

0.17

2.3

 

Area 118M

172.5

187.7

15.2

49.9

0.97

0.26

3.8

 

 

 

 

 

 

 

 

 

07SWC-203

Area 118M

181.8

195.6

13.8

45.2

0.48

0.13

1.8

?Area 118?

 

211.1

217.6

6.5

21.2

0.62

0.11

1.7

 

 

 

 

 

 

 

 

 

07SWC-204

Area 118M

157.7

174.2

16.6

54.4

0.70

0.18

1.8

?Area 118?

Including

162.2

169.7

7.5

24.6

0.97

0.27

2.1

 

 

 

 

 

 

 

 

 

07SWC-205

Geochemically anomalous ? no significant intersections

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-206

Geochemically anomalous ? no significant intersections

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-207

Geochemically anomalous ? no significant intersections

?IROD?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-208

Geochemically anomalous ? no significant intersections

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-209

Geochemically anomalous ? no significant intersections

?IROD?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-210

Geochemically anomalous ? no significant intersections

?IROD?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-211

ASSAYS PENDING

?Area 2?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-212

Geochemically anomalous ? no significant intersections

?IROD?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07SWC-213

 

99.9

104.0

4.1

13.4

2.79

0.93

pending

?Airstrip SW?

 

164.0

177.9

13.9

45.7

0.50

0.08

pending

 

 

186.3

189.4

3.1

10.3

5.75

1.88

pending

 

 

 

 

 

 

 

 

 

07SWC-214

 

143.3

152.8

9.5

31.2

1.75

0.60

pending

?Area 2?

Including

146.3

152.3

6.0

19.7

2.02

0.71

pending

 

 

 

 

 

 

 

 

 

07SWC-215

 

176.7

182.6

6.0

19.6

1.00

0.13

pending

?Airstrip SW?

 

201.0

207.6

6.7

21.8

0.83

0.23

pending

 

 

226.5

230.0

3.5

11.5

0.55

0.19

pending

 

 

 

 

 

 

 

 

 

07SWC-216

 

33.0

37.5

4.5

14.6

0.94

0.10

1.4

?Area 2?

 

50.3

54.3

4.0

13.1

1.16

0.20

4.3

 

 

199.8

207.5

7.6

25.0

3.29

1.77

pending

 

Including

199.8

204.3

4.5

14.8

4.20

2.25

pending

 

 

219.4

226.1

6.7

22.0

0.50

0.08

pending

 

 

252.9

258.2

5.4

17.6

1.20

0.54

pending

 

 

294.1

316.8

22.7

74.4

0.83

0.22

pending

 

Including

306.1

315.1

9.0

29.5

1.32

0.44

pending

 

 

 

 

 

 

 

 

 

07SWC-217

 

71.2

77.8

6.6

21.8

1.96

1.11

9.9

?Copper Keel S?

Including

74.7

77.8

3.1

10.2

2.65

1.70

10.9

 

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Sherwood Copper Corp.

CODE : SWC.V
CUSIP : 82442N 103
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Sherwood Copper est une société développant des projet miniers de cuivre basée au Canada.

Sherwood Copper est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 56,5 millions CA$ (46,4 millions US$, 36,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 8,26 CA$, et son plus bas niveau récent le 21 novembre 2008 à 1,01 CA$.

Sherwood Copper possède 53 853 000 actions en circulation.

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17/06/2008(Minto Mine)Announces Significant Increase in Copper-Gold Resources at M...
17/04/2008(Minto Mine)Reports Minto Copper-Gold Mine Achieves & Exceeds Design Cap...
10/03/2008(Kutcho Creek) Completes Funding Arrangements for Kutcho Project & Begins ...
25/02/2008(Minto Mine)Reports 2007 Production Results & 2008 Production Estimate f...
13/02/2008(Minto Mine)Intersects High Grade Copper-Gold Mineralization in 4 Separa...
14/01/2008(Minto Mine)Intersects High Grade Copper-Gold Mineralization at Area 118...
18/12/2007(Minto Mine) Reports Phase 2 Mill Expansion at Minto Copper-Gold Mine Co...
12/12/2007(Minto Mine) Reports Results of Pre-feasibility Study for Expansion of M...
07/12/2007(Minto Mine)Reports Groundwork has Commenced on Carmacks to Stewart Tran...
03/12/2007(Minto Mine)Intersects High Grade Copper-Gold Mineralization at Ridgetop...
29/10/2007(Minto Mine) Intersects High Grade Copper-Gold Mineralization at Area 11...
25/10/2007(Minto Mine) Ships first Minto Mine Concentrates from Skagway
25/09/2007(Minto Mine)Receives Encouraging Results From 2007 Gradient IP Geophysic...
19/09/2007Discovers High Grade at Airstrip & Expands High Grade at Are...
05/09/2007(Minto Mine)Reports "On budget & Ahead of Schedule" Phase 1 Construction...
25/07/2007(Minto Mine)Delivers First Concentrates from Minto Mine to Port of Skagw...
15/06/2007(Minto Mine)Phase 2 Exploration Program Underway at Minto Copper-Gold Mi...
12/06/2007(Minto Mine)Reports Excellent Metallurgical Test Results from Area 2 at ...
24/05/2007(Minto Mine)Discovers High Grade Copper-Gold Mineralization in Minto 'Ga...
24/04/2007(Minto Mine)Awarded Funding from the Yukon Government to Advance Area 2 ...
12/04/2007(Minto Mine)Expands Scope of Pre-feasibility Study on Minto Copper-Gold ...
11/04/2007Accelerates Phase 2 Mill Expansion at Minto Copper-Gold Mine...
Communiqués de Presse de Sherwood Copper Corp.
23/01/2009Capstone Mining Corp. Reports Debt Repayments, Funding of De...
24/12/2008Capstone Mining Corp. Mails Offer to Purchase to its Debentu...
24/11/2008Reports Cash Flow from Mining Operations of $29.9 million in...
21/11/2008Announces Closing of Precious Metal Transaction
19/09/2008sets Shareholder Meeting Date for Capstone Combination
05/08/2008Reports Higher Copper Production Forecast for 2009 & Updated...
25/07/2008Reports Phase 3 Mill Throughput Increase to 3,200tpd Approve...
30/06/2008Finalizes Exploration Agreement with Northern Tiger Resource...
12/06/2008Reports Results of Preliminary Economic Assessment for Kutch...
05/06/2008Holds Successful Annual Meeting & Reports on Strategic Objec...
28/05/2008and Western Keltic Announce Closing of Business Combination
07/04/2008and Western Keltic Mines Inc. Announce Planned Business Comb...
06/03/2008 Increases Holdings to Approximately 93% of Western Keltic S...
03/03/2008Signs Exploration Memorandum of Understanding with Firestone...
22/02/2008Acquires 91.7% of Western Keltic Shares & Extends Offer for ...
12/02/2008Takes up 85.6% of Western Keltic Shares & Extends Offer for ...
30/01/2008Extends Offer for Western Keltic Mines to February 11, 2008
24/12/2007 Mails Offer for Western Keltic Mines
26/11/2007 Announces Agreement for Acquisition of Western Keltic Mines
29/10/2007 Appear on BNN TV
12/10/2007 Holds the Official Opening Ceremony for the Minto Mine, Yuk...
04/10/2007 Reports that Minto Mine Declares Commercial Production
17/07/2007Identifies Two Extensive Copper-Gold Systems at Minto Projec...
16/07/2007Reports Geotech Program Results in Improved Pit Slopes at Mi...
29/05/2007reports Yukon Utilities Board Approves Revised Power Purchas...
15/05/2007reports Yukon Government Support for Revamped Power Purchase...
10/05/2007Nominates Industry Leader for election to its Board of Direc...
02/05/2007Announces Yukon Utilities Board Turns Down Provisions of the...
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