This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Capstone Adds 101 Million Pounds Of Copper In Indicated Mineral Resource And 86 Million Pounds In Inferred Mineral Resource At Minto

Mineral Resource Estimate by Class for the Inferno North Extension of the Minto North Deposit, at a 1.2% Cu COG

                                           Contained    Contained   Contained
              Tonnes  Copper Gold  Silver      Cu         Gold       Silver
             (000's)*  (%)   (g/t) (g/t)  (000's lbs)* (000's oz)* (000's oz)*
    Inferred   688     2.06  0.82   6.5      31,277       18.1        143.9

*Rounded to nearest thousand; totals may not sum exactly due to rounding.

Mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mineability, selectivity, mining loss and dilution. These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied.

Mineral Resource Estimate Methodology

The mineral resource estimate for the Fireweed and Inferno North Deposits reported herein were prepared by Garth Kirkham, P.Geo. of Kirkham Geosystems Ltd., Burnaby, BC. The estimates were completed in MineSight [ TM ] using a three dimensional block modelling (10 metres by 10 metres by 3 metres (vertical) block size). The mineralization was interpreted into six distinct domains for Fireweed and one domain for Inferno North, modelled as wireframes and used as hard boundaries to constrain estimation. Geostatistical analysis was completed on the 1.5 metre composite assay data for each of the metals, and variograms were defined for each domain of mineralization. The grades for copper, gold and silver were interpolated into the block model using inverse distance to the second power. Interpolated results are reported in indicated and inferred categories and are based on continuity of the mineralization and sample density. The 1.2% base case cut-off grade was chosen for reporting due to the fact that this is the cut-off grade current being utilized for the underground reserves at the Minto site. It is anticipated that the Fireweed and Inferno North would potentially be mined using underground methods.

About Capstone Mining Corp.

2 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.64%
FB $117.44 -0.95%
GOOG $692.33 -0.84%
TSLA $232.32 -3.92%
YHOO $36.02 -1.40%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs