Sydney, Dec 21, 2007 (ABN Newswire) - Copper Strike Limited (ASX: CSE) - Inferred Resource at Railway Flat and Successful Placement - Mr Tom Eadie, Executive Chairman; Copper Strike Limited (ASX: CSE) present the following audio webcast regarding "Inferred Resource at Railway Flat and Successful Placement".
Highlights:
- An initial Inferred Resource has been calculated at Railway Flat by consulting geologists Hellman & Schofield Pty Ltd: Inferred Resource - 802,000t at 0.2% Cu, 1.4% Pb, 4.3% Zn and 23 g/t Ag
- The resource is based on potential open pittable mineralisation. It is calculated down to a depth of approximately 130 metres and there is excellent potential to extend the resource both down dip and along strike.
- As the deposit is shallow and within a few kilometres of the proposed mill site at Kaiser Bill, it is expected that it will be a low capital and operating cost option in the early life of the Einasleigh Project.
- A full feasibility study incorporating resources already identified at Einasleigh, Kaiser Bill, Jackson and Chloe and now Railway Flat, is due for completion in mid 2008.
- Drilling with two rigs has been progressing at the Chloe and Jackson deposits over the last month, with the twin objectives of bringing these Broadcaster: Copper Strike Limited (ASX: CSE)
Audio webcast Link:
Listen to the Audio stream and view the announcement for Copper Strike Limited (ASX: CSE) below.
http://abnnewswire.net/vlnk/KB8U3M62
About COPPER STRIKE LIMITED
Copper Strike (ASX:CSE) is an Australian mineral exploration company focused on finding copper and other base metals in eastern Australia. The company aims to create shareholder value through the development of its advanced projects, and progression of early stage prospects.