Mining Stock Education

QC Copper & Gold Defines 100Mt Open Pit & Identifies Expansion Targets with CEO Stephen Stewart

Informações:

Sinopsis

QC Copper and Gold CEO Stephen Stewart provides an overview of the company’s newly defined Opemiska deposit in Chibougamau, Quebec. The Opemiska Deposit consists of 81.7M tonnes @ 0.88% CuEq of pit constrained Measured and Indicated Mineral Resources and 21.3M tonnes @ 0.73% CuEq of Inferred Mineral Resources. The Mineral Resource is pit-constrained and contains more than 532,000 tonnes or 1.17 billion lbs of copper and 816,000 ounces of gold in the Measured & Indicated (M&I) classification and an additional 109,000 tonnes or 240.3 million lbs of copper and 209,000 ounces of gold in the Inferred classification. Over 82% of the total Mineral Resource reports to the M&I classification. Within the larger Mineral Resource, the Company has identified a high-grade potential starter pit of 10.6M tonnes of M&I Mineral Resources grading 1.26% CuEq. The Mineral Resources are pit constrained using pit optimization algorithms and a 0.2% CuEq cut-off, inclusive of US$3.50/lb copper and US$1,650/oz gold prices. The C