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Ryan Lake Property
Matachewan Ontario
(Copper, Molybdenum)
Comox drilling has outlined the SOUTH, NORTH & CLT mineralized
zones to the west of the mill buildings and Highway 566. The
Resource Estimate (N.I. 43-101 compliant) for the South Zone of
5.9 million tonnes indicated resource grading 0.34% Cu, 0.039%
Mo, 0.09g/tonne Au, and 5.0g/tonne Ag has been recently
reported. The Resource Estimate for the North and CLT zones on a
N.I. 43-101 basis is underway.
The
National Instrument 43-101 compliant resource estimate for
the South Zone of the Ryan Lake property was reported on May 29,
2008. Resource Estimate of 5.9 million tonnes grading 0.34%
copper, 0.039% molybdenum, 0.09 g/tonne gold and 5.0 g/tonne
silver as indicated resource. Mineralization is open to depth
and laterally.Separate resource estimate is being prepared on
North and CLT zones.
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