The Kope Scheelite Project is located in the Walker Lane, a structural belt which prolifically hosts many significant deposits, including Nevada Copper Corp.'s recently developed Pumpkin Hollow deposits (total Measured and Indicated copper resource of 3.1 billion kilograms (6.8 billion pounds) for the combined Western and Eastern Deposits (Western Open-Pit Deposits: 664 million tonnes, averaging 0.37% Cu with a 0.15% cutoff; and Eastern Underground Deposits: 45.9 million tonnes averaging 1.45% Cu with a 0.75% cutoff - source: Nevada Copper Corp. news release dated October 19, 2012). Infrastructure Materials Corp. believes the Pumpkin Hollow deposits are an analogue for the copper mineralization at the Company's Kope Scheelite Project. Initial exploration appears to indicate that the Kope Scheelite Project may have some higher grade gold mineralization that in places differentiates it from the mineralization style at Pumpkin Hollow. Pumpkin Hollow and the nearby Yerington mine are located approximately 100 km (60 miles) northwest of the Kope Scheelite Project. The historical Yerington mine, operated by Anaconda from 1953 to 1978, produced more than 147 million tonnes (162 million tons) of ore grading 0.6% copper.
Analytical work was conducted by the Sparks, Nevada facility of Inspectorate America Corporation, which is an ISO 9001:2008 Certified laboratory and a Bureau Veritas Group Company widely recognized for expertise in geochemical analysis and assaying. Submitted rock samples were crushed and analyzed for gold using Fire Assay with an ICP finish, a suite of 14 elements (including copper, silver and zinc) using Aqua Regia digestion followed by ICP trace level finishing. Samples containing greater than 10,000 ppm copper were re-analyzed for ore grade copper using an Aqua Regia digestion followed by Atomic Adsorption finishing. The Company has implemented a quality assurance and quality control program to ensure that sampling and analysis of all samples are conducted in accordance with the best possible practices.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts