From my mailbag, got this just now on Canyon Copper, tonnage and grades are impressive
Canyon Copper TSX-V: CNC - OTCBB: CNYC
Canyon Copper Corp. is a resource exploration company with significant copper oxide resources associated with large historical sulphide resources in two advanced mineral properties. Both are positioned on the prolific Walker Lane Structural Belt.
Canyon Copper has assembled a management team with a combined 100 years of real world experience in this sector.
Tony Harvey
Tony has 40+ years in the business and has built 19 mines, including bringing 4 others into production, with capital costs exceeding $400 Million. He has vast experience in this sector, and maintains a strong network worldwide.
Ben Ainsworth
40+ years in the business.
• Discovery and early development for Placer Development of Howards Pass
• Development of Huckleberry Mine
• VP Exploration for Hathor. (development of Roughrider Uranium deposit & subsequent take-over by Rio Tinto
Projects:
New York Canyon
*100% owned, 48 Km East of Hawthorne, NV (open pit)
*Copper, molybdenum
*plans to rapidly advance project towards a possible near-term production
*Hosts three mineralized zones; Longshot Ridge, Copper Queen, and Champion
*Longshot
NI-43-101 compliant resource estimate:
Cut-off Grade Resource Cu Grade Contained Copper
(0.2% Cu) Tonnage (kt) (%Cu) (millions of pounds)
Indicated 16,250 0.43 139.75
Inferred 2,900 0.31 18.21
*Remains open to the North and at depth
Copper Queen Historical drill indicated reserve (Conoco Oil – 1979)
142 million tons grading 0.35% copper, 0.015% molybdenum
*All three targets have significant expansion potential
Moonlight Copper Porphyry Property
*100% owned, 167 Km Northwest of Reno, NV (open pit)
*Copper, gold and silver
*Hosts significant copper sulphide and copper-oxide mineralization
Moonlight
NI-43-101 compliant resource estimate (2007 for Sheffield Resources)
Cut-off Grade Resource Cu Grade Au Grade Ag Grade Contained Copper
(0.2% Cu) Tonnage (kt) (% Cu) (oz/t) (oz/t) (millions of lbs)
Indicated 161,570 0.324 0.003 0.099 1,046
Inferred 88,350 0.282 0.003 0.089 498
*Remains open for expansion laterally as well as to depth
(Indicated gold 485,000 oz, inferred gold 265,000 oz)
(Indicated silver 16 million oz, inferred silver 79 million oz)
*Canyon Copper believes there is potential to at least double the current size of the resource
For More information please contact:
Trident Financial
604.681.8669
info@tridentfinancial.com
