Replies to post #390 on Searchlight Resources Inc (SCLTF)

[sweetpepperjam]

Great find Rig!!! Canyon Copper Corp. is “Highly advanced, essentially pre-development stage copper project, offering the possible “Fast-Track” copper operation” (Canadian: NI 43-101 technical report). The project currently hosts a historical drill indicated reserve of 1.52 billion pounds of copper and approximately 40 million pounds of Molybdenum and is still open in all directions.

To date, Canyon Copper has completed 71 drill holes totaling 8,414 m on the Longshot Ridge oxide copper skarn deposit. As a result of Canyon Copper’s drilling program of 38 drill holes in 2004 and 2005 and historical drilling by previous operators, Canyon Copper confirmed an NI 43-101 indicated resource of 16,250,000 tons at an average grade of 0.43% Cu and an inferred resource estimate of 2,900,000 tons at an average grade of 0.31% of Cu at Longshot Ridge. This mineral resource estimate does not include 33 drill holes (7 HQ diamond drill holes and 26 reverse circular drill holes) completed by the Company in 2006. Upon completion of the companies next financing, the company plans to drill and confirm the sulphide deposit to comply with NI 43-101 requirements. Canyon is currently considering production options.

[zeptepi]

You said you were shoveling snow for many hours. How were you able to still have the energy to do a little poking?

You tenacious like bull!

[sweetpepperjam]

Canyon Copper Corp. is “Highly advanced, essentially pre-development stage copper project, offering the possible “Fast-Track” copper operation” (Canadian: NI 43-101 technical report). The project currently hosts a historical drill indicated reserve of 1.52 billion pounds of copper and approximately 40 million pounds of Molybdenum and is still open in all directions.

Anyone figure out the potential dollar amount this could mean for CNYC with just the numbers provided above? :-D