Ann: Becoming a substantial holder, page-23

  1. 17,345 Posts.
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    Can't stop researching the Arizona New Standard Copper Project.

    "According to reports from Mining Engineers, there is a minimum of 400,000 tons of reserves (ore value). Given assay averages taken from the entire region, this 400,000 tons will contain 13.4% Copper, 1.4 oz. Silver and .05 oz/t gold."

    https://hotcopper.com.au/data/attachments/3986/3986266-3a8449ec8fb8a1c1f22e823c27fcde12.jpg

    "The mines in the area produce native gold in quartz in pocket deposits. The mines are also known for copper deposits in the form of azurite and malachite. There are also reports of wide veins of nearly pure, deep blue copper."

    https://hotcopper.com.au/data/attachments/3986/3986268-631b52d4e2c692e5e473603b7d4dfd2c.jpg

    "The New Standard consists of a series of adits, shafts and prospects and a large milling area where substantial tailings are still visible. The mines have been well documented for mineral value but not worked since at least 1921 due to financial and legal constraints on the Arizona Standard Mining Company who held the claims for nearly 50 years. Surveyors located two accessible portals on the property and a number of other collapsed portals and small prospects."

    "The old mill contains many thousands of tons of tailings which are spread out in an easterly direction from the mill. It also lends credence to the assertions of rich gold processing without need for chemical separation."

    https://hotcopper.com.au/data/attachments/3986/3986276-8aff9bfe726d44ad4d45f818e8e66c0c.jpg

    "It is characteristic of this district that the values in Gold·, Silver and Copper increase with depth, this having held true in all the mines now producing. The altered silicified zones lying in lenses between the porphyries are apparent."

    https://minelistings.com/mines-for-sale/new-standard-mining-claims/

    "I must say that of all the properties I have visited in Arizona for surface showing this propertyhas them all surpassed, for there is not a shaft or cut anywhere over the entire area where the porphyritic sahists come to the surface that· it does not show carbonate ores. Therefore, I am more than ever convinced that underneath this entire property you will find a disseminated sulphide ore, as the entire surface is just the oxidized capping for the permanent sulphides underneath."

    https://hotcopper.com.au/data/attachments/3986/3986298-9473df8dbc6362be8f4d01dda142c5be.jpg
    https://hotcopper.com.au/data/attachments/3986/3986300-4923709c0da2e4c524cb9414d79a4498.jpg

    We await the Companies results of their 3 month due diligence.....

    http://docs.azgs.az.gov/OnlineAccessMineFiles/M-R/NewstandardmineLapaz36.pdf
 
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