1.Based on the results of a recently concluded resource estimate, the Ann Mason property’s inferred resources include 810 million tonnes of 0.40% copper and 0.004% molybdenum (0.30% copper cut-off) with higher grade zones including 221 million tonnes at 0.51% copper and 0.004% molybdenum (at a 0.43% copper cut-off), making it one of the largest undeveloped deposits of its type in the North American continent, according to Michael Clifford, managing director.
2.According to the resource estimate and report, the deposit is “open at depth” on most sections drilled to date, indicating that additional tonnes could be added by drilling beyond the limit of existing drill holes.
“Higher grade copper sulphide mineralisation at Ann Mason starts from 97 metres below surface, extends to a depth of greater than 880 metres and is continuous over 1600 metres of strike and 750 metres of width,” Clifford stated in the exchange announcement.
3.PacMag has drilled through high-grade copper mineralisation grading up to 10.5% copper in the northwest of the property, which has only been spars ely drilled. These and additional results are located in a “highly prospective zone along strike from the high-grade zone on the south flank of the deposit,” according to company information.
4.there is more to come.this will become the largest deposit in the northern hemisphere
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