Millstream Mines Resource Estimates.
No limit W MinW2.0 M MinW2.5M MinW3.0M
Zone INF Eq Cu INF Eq Cu INF Eq Cu INF Eq Cu TONS
% TONS % TONS % TONS %
A 758,044 1.01 716,716 1.04 619,418 0.72 610,981 0.72
B 122,400 1.76 109,726 1.95 80,483 2.16 80,483 2.16
C 2,275,808 1.93 2,261,635 1.94 1,993,570 2.15 1,761,504 2.39
D 923,650 2.06 871,312 2.05 835,853 2.12 822,546 2.14
E 619,967 1.49 557,039 1.62 235,040 3.50 235,040 3.50
F 1,144,806 1.25 1,139,738 1.25 992,212 1.37 903,874 1.44
Y 590,755 1.01 542,317 1.08 483,892 1.14 469,334 1.15
Tot 6,435,430 1.59 6,198,483 1.62 5,240,468 1.79 4,883,762 1.89
Only comment I have, is that while the tonnage is large, the grade is a tad low. They are calculating the "copper equivalence" as copper-zn (equiv Cu= wt Cu% + 0.42 wt Zn%)
Three lbs copper per ton will barely mine and mill underground these days. Mine and mill has to be 80 dollars per ton. However cobalt is high, and silver is not included in these figures either. Cobalt alone could be 100 dollars per ton.
It is a large ore body by Ontario standards. There are very few sulfide finds more than one million tons in Ontario, other than in Sudbury, Manitouwadge and Timmins.
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