|
Address:
26 Kyle Avenue Mount Pearl, NL Canada A1N 4R5 Telephone: (709) 745-8377 Fax: (709) 747-1183 Toll Free: (877) 277-8377 |
Bobby's Pond Related News 07-15 - Cornerstone announces 4.7% Zinc intercept in drilling by Mountain Lake Resources Primary Target VMS (Base Metals) Location Bobby's Pond consists of 62 claims (15.5 km2) partially surrounding Mountain Lake Resources Bobby's Pond deposit, located 20 km west of Teck's Duck Pond mine. The property is under option to Mountain Lake. Property Information The Bobby's Pond VMS deposit is reported to contain indicated resources of 860,000 tonnes of 0.93% Cu, 0.53% Pb, 6.30% Zn, 20.0 g/t Ag and 0.24 g/t Au and inferred resources of 480,000 tonnes of 1.07% Cu, 0.38% Pb, 6.36% Zn, 15.0 g/t Ag and 0.18 g/t Au (Mountain Lake Resources, February 7, 2007 news release; NI 43-101 compliant). Cornerstone's claims cover the potential northeast and southwest strike projections of the deposit's host geology. The property covers occurrences of VMS-style alteration and anomalous base metal sulphide mineralization. Initial work on the property, by Cornerstone, consisted of a detailed compilation of historical exploration work conducted over the property. |