Four rigs drilling at Mt. Milligan

According to Robert Dickinson, president, recent drilling is indicating that the MBX, West Breccia and 66 zones form one contiguous, blanket-shaped mineralized body 4,300-ft long, up to 3,100-ft wide and up to 880-ft thick. The company is expecting to update reserves which were last reported as well in excess of 150 million tons grading an average of 0.3% copper and 0.025 oz gold per ton.

Recent results from wide spaced drill sites in the MBX zone include: Hole Ft. %/copper oz/gold 89-126 146.1 0.23 0.010 89-128 241.7 0.32 0.018 89-129 255.8 0.32 0.015 89-131 222.4 0.28 0.011 89-135 595.7 0.49 0.026 incl. 210.0 0.74 0.045

385.7 0.35 0.015 89-136 119.7 0.31 0.019 89-138 315.9 0.28 0.010

70.9 0.31 0.026 89-140 435.6 0.45 0.012 89-144 938.7 0.36 0.010 incl. 337.8 0.54 0.016

The more significant results from wide-spaced drilling on the West Breccia copper-gold zone are: 181.7 ft of 0.37% copper and 0.008 oz gold; 239.5 ft of 0.30% copper and 0.007 oz gold. The best gold value was from a 16.4-ft intercept grading 0.26% copper and 0.367 oz gold. The more significant results from the 66 zone include: 187 ft of 0.04% copper and 0.049 oz g old; 13.1 ft of 0.09% copper and 0.210 oz gold and 19.7 ft of 0.26% copper and 0.130 oz gold.

]]>