Redhawk Reports 60% Increase in Resources at Copper Creek to 3.4 Billion Pounds
The following corrects and replaces the release issued earlier on behalf of Redhawk Resources, Inc. Please note that the equivalent pounds of copper in the first paragraph have been changed. Also the first paragraph after the subheading "IMC Resources Summary" has been changed.
Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX VENTURE:RDK)(FRANKFURT:QF7) has received the preliminary results of an updated independent NI 43-101 compliant mineral resource estimate for its Copper Creek property, located in Pinal County, Arizona. The new estimate has increased the total equivalent pounds of copper to 0.652 billion pounds in the combined measured and indicated categories and 2.745 billion pounds in the inferred category, representing an increase of more than 60% from previous estimates.
A NI 43-101 technical report will be completed within 45 days and filed with SEDAR. A summary breakdown of the resource estimate by category is tabulated below.
- Published: 09 September 2008
- Written by Editor