U.S.REPORT Best grades yet at Great Lakes project

Great Lakes Minerals (TSE) has just received the best assays yet from their copper project on the Keeweenaw Peninsula in northern Michigan. Hole 9, drilled on the 543-S deposit, intersected 41.7 ft. grading 6% copper, including a 12.2-ft. section grading 10.9% copper. About 200 ft. further east, hole 7 hit 16 ft. grading 5.8% copper.

As a result of its success in outlining several high-grade zones within the previously outlined tonnage, Great Lakes and its partner, Michigan Mining and Manufacturing, have decided to proceed to the prefeasibility stage at 543-S.

The program will incorporate preliminary mine engineering, capital cost estimates, a minable reserve estimate and financial analysis. The partners have already started the permitting process for a mining facility.

The 543-S deposit is estimated to contain probable reserves of 3 million tons grading 2.9% copper, including a high-grade core of 1.3 million tons grading 4% copper.


Print


 

Republish this article

Be the first to comment on "U.S.REPORT Best grades yet at Great Lakes project"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close