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:
http://abnnewswire.net/alnk/U1GG0KXZ
Listen to the Audio stream and view the announcement for Copper Strike Limited (ASX: CSE) below.
http://abnnewswire.net/vlnk/KB8U3M62
Contact
Ph 03 96400955
Fax 03 96420698
email tom@copperstrike.com.au
www.copperstrike.com.au
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