Capstone Copper Corp. (“Capstone” or the “Company”)
(TSX:CS) today announced brownfield drill results from the
2021-2022 exploration program at the Cozamin mine in Mexico, and at
the Santo Domingo Project in Chile as well as greenfield results at
the Planalto Project in Brazil, and provided an update of
activities at Copper Cities in Arizona, USA.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220613005279/en/
Figure 1 – MNV West Copper Target Area
Open in Multiple Directions (Photo: Business Wire)
This press release should be read in conjunction with the June
2022 exploration update presentation available at Capstone Copper -
Exploration Excellence. To view an interactive presentation
including a 3D model of Cozamin, please visit
https://vrify.com/decks/11666?auth=6c97245b-87d3-4cb0-8354-c5483be80d0e
Brad Mercer, SVP, Exploration and Strategic Projects said, “We
have an exploration team with a proven track record of excellence
and this update highlights the exciting path forward for continued
value to be generated through the drill bit. Capstone Copper has
significant brownfield exploration potential that points to mine
life extensions and expansion opportunities, as well as greenfield
potential in Brazil within a great mining jurisdiction. Our
exploration portfolio has never been as robust as it is today which
will keep us on a sustainable growth path well into the
future”.
Cozamin – Underground Resource Expansion Update
Capstone’s 2021-2022 exploration program has focused on the Mala
Noche Vein (“MNV”) West copper target, which is located down-dip of
historical workings. Drilling in 2021 was performed from surface,
with underground drilling added following completion of the West
cross-cut in the first quarter of 2022. Since the program started
in 2021, approximately 40,000 meters (“m”) of drilling have been
completed from 47 holes from surface with an additional 9,000m from
12 holes planned for the remainder of 2022. A proposed lower
elevation mine cross-cut will allow expedited infill drilling in
2023 to support an updated resource estimate during the second
quarter of 2023. The area can be accessed by refurbishing and
deepening existing historic ramps at MNV or laterally from existing
Mala Noche Foot Wall Zone haulage ramps and levels.
The 2022 Cozamin exploration program will also include surface
drill testing of other targets along strike from San Roberto and
San Rafael mine areas at MNV Far West and MNV Far East respectively
and at the Vanadio target located north of the San Rafael mine
area. All three targets (see Figure 2 for the location of each
target) have limited to no previous drilling by Capstone. Both MNV
Far East and Vanadio will be drilled below historical workings that
mined silver-rich portions of the epithermal system. At MNV Far
West, drilling will be located in a covered plateau where the MNV
system is inferred to have been down-dropped and not exposed at
surface.
A summary of select intervals is shown in Figure 1 and
summarized in Table 1.
Table 1 – Cozamin Select Drill Holes
1
CG-21-S538
MNV West
no
992.1
993.7
1.6
1.5
0.11
0.04
0.03
11
2
CG-21-S533
MNV West
no
1072.3
1074.2
1.9
1.7
2.52
1.01
0.08
69
3
CG-21-S553
MNV West
no
no significant intercepts
4
CG-20-U514
MNV West
no
359.5
360.7
1.2
1.0
2.77
0.20
0.11
120
5
CG-21-S550
MNV West
no
1035.2
1036.7
1.5
1.4
0.35
0.02
0.01
11
6
CG-21-S541
MNV West
no
no significant intercepts
7
CG-20-U515
MNV West
no
361.8
364.2
2.4
2.1
0.71
0.11
0.08
54
8
CG-21-S535
MNV West
no
1017.0
1020.0
3.0
2.9
0.54
0.05
0.01
24
9
CG-20-U516
MNV West
no
383.8
392.6
8.8
5.1
1.12
0.05
0.01
23
and
396.5
400.6
4.1
2.4
0.87
0.07
0.01
82
10
CG-21-S567
MNV West
no
1006.3
1009.6
3.3
3.0
1.22
0.17
0.03
44
11
CG-21-S530
MNV West
no
1057.1
1057.7
0.6
0.5
2.20
0.15
0.00
26
12
CG-21-S557
MNV West
no
1003.6
1006.6
3.0
2.9
0.55
0.14
0.03
41
13
.CG-21-S561
MNV West
no
1023.9
1029.8
5.9
5.6
1.51
0.05
0.01
25
14
CG-21-S551
MNV West
no
1111.4
1115.4
4.0
3.7
0.18
0.01
0.00
3
15
CG-21-S536
MNV West
no
989.8
996.4
6.6
6.2
0.95
0.05
0.00
27
including
993.8
995.8
2.0
1.9
1.90
0.12
0.01
52
and
1006.7
1008.2
1.5
1.4
1.68
0.15
0.00
21
16
CG-21-S531
MNV West
no
1009.8
1012.7
2.9
2.6
2.00
0.14
0.02
134
17
CG-22-U517
MNV West
no
501.4
503.4
2.0
1.8
2.24
0.11
0.02
56
18
CG-22-U523
MNV West
no
assays pending
19
CG-21-S543
MNV West
no
1073.6
1077.7
4.1
3.9
0.71
0.04
0.01
30
20
CG-22-U524
MNV West
no
in progress
21
CG-21-S540
MNV West
no
951.7
955.8
4.1
4.0
0.34
0.27
0.00
8
including
951.7
952.9
1.2
1.1
0.71
0.02
0.00
17
and
1005.5
1006.2
0.7
0.6
3.89
0.07
0.01
39
22
CG-22-U520
MNV West
no
470.8
474.0
3.2
3.1
0.21
0.03
0.01
13
23
CG-21-S532
MNV West
no
1003.1
1012.6
9.5
8.5
1.54
0.08
0.02
51
including
1005.1
1009.3
4.2
3.8
2.83
0.11
0.02
75
24
CG-21-S555
MNV West
no
1023.2
1024.6
1.4
1.3
6.39
0.39
0.06
112
and
1035.5
1036.5
1.0
0.9
2.55
0.10
0.02
39
and
1043.8
1048.1
4.3
3.8
0.38
0.24
0.02
15
25
CG-22-U522
MNV West
no
assays pending
26
CG-21-S559
MNV West
no
1081.4
1085.6
4.2
3.7
1.22
0.05
0.00
21
including
1083.4
1084.0
0.6
0.5
6.08
0.20
0.01
94
27
CG-22-S571
MNV West
no
1168.6
1171.7
3.1
2.8
0.83
0.20
0.09
61
including
1168.6
1169.7
1.1
1.0
1.87
0.40
0.21
140
28
CG-22-U519
MNV West
no
486.1
492.3
6.2
5.6
2.09
0.10
0.01
33
including
486.1
489.2
3.1
2.8
3.09
0.10
0.01
41
29
CG-22-S573
MNV West
no
in progress
30
CG-22-U518
MNV West
no
537.7
543.7
6.0
4.9
1.23
0.06
0.07
27
including
539.4
542.0
2.6
2.1
2.22
0.09
0.01
45
and
546.4
550.5
4.1
3.3
2.02
0.16
0.02
35
including
546.4
547.9
1.5
1.2
4.84
0.32
0.02
77
31
CG-21-S554
MNV West
no
no significant intercepts
32
CG-21-S565
MNV West
no
1068.0
1074.9
6.9
4.9
1.23
0.10
0.01
42
including
1070.9
1073.5
2.6
1.8
2.77
0.21
0.02
89
and
1111.5
1114.2
2.7
1.9
1.24
3.19
0.01
24
including
1112.0
1113.4
1.4
1.0
2.19
6.06
0.01
42
33
CG-22-S569
MNV West
no
1111.6
1114.1
2.5
1.9
0.52
0.04
0.02
13
and
1124.3
1126.6
2.3
1.8
0.51
0.06
0.01
11
34
CG-22-U521
MNV West
no
559.8
570.0
10.2
9.0
0.56
0.02
0.01
23
including
562.2
566.3
4.1
3.6
1.00
0.04
0.01
44
35
CG-22-S572
MNV West
no
assays pending
36
CG-22-S570
MNV West
no
1029.1
1030.6
1.5
1.3
0.36
0.05
0.03
19
and
1099.5
1100
0.5
0.4
1.19
5.14
0.02
43
37
CG-21-S560
MNV West
no
no significant intercepts
38
CG-21-S556
MNV West
no
1251.2
1262.8
11.6
6.8
2.00
4.59
0.01
55
including
1253.1
1258.4
5.3
3.1
2.81
7.55
0.02
90
39
CG-21-S554
MNV West
no
no significant intercepts
Santo Domingo Exploration Program
Capstone’s 2021-2022 Santo Domingo exploration program is the
first to be undertaken at the project since 2012. To date, eight
holes have identified over 1.5 kilometers (“km”) of mineralization
at approximately 500m depth containing lower-grade copper and
high-grade cobalt associated with magnetic iron. The Company
believes that further drilling could potentially expand the
resource and join the mineralized sequence across the planned Santo
Domingo and Iris Norte pits.
Santo Domingo’s oxide mineralization (Figure 3), which is
located above the sulphide ore body and is part of the Santo
Domingo and Iris Norte’s pre-stripping material, could potentially
be processed at the Mantoverde mine’s SX-EW plant, located
approximately 35 km southwest of the project. Preliminary
metallurgical test results suggest the viability to process oxides
in Mantoverde’s existing facilities and if ongoing tests continue
to return positive results, a drill program would follow shortly
with the aim to complete Santo Domingo’s first oxide mineral
resource in the second half of 2023, to be followed by an updated
Santo Domingo Feasibility Study.
Additional near-mine brownfields targets have been identified
outside the Santo Domingo and Iris Norte current pit designs.
Table 2 – Santo Domingo Assay Intervals:
4a3-21-489DD
368.0
424.0
56.0
0.17
-
10.2
52
492.0
704.0
212.0
0.10
-
26.3
341
including
658.0
682.0
24.0
0.42
0.026
33.2
497
4a3-21-490DD
438.0
474.0
36.0
0.24
0.023
17.6
86
480.0
504.0
24.0
-
-
29.9
168
524.0
690.0
166.0
-
-
30.2
344
4a3-21-491DD
548.2
802.1
253.9
-
-
21.6
272
including
628.0
686.0
58.0
-
-
30.3
530
4a3-21-492DD
350.0
364.0
14.0
0.15
0.015
10.2
91
446.0
622.0
176.0
-
-
25.2
321
including
466.0
496.0
30.0
-
-
37.6
590
4a3-21-493
68.0
106.0
38.0
0.15
-
-
-
148.0
162.0
14.0
0.14
-
-
-
220.0
226.0
6.0
0.18
-
-
-
4a3-21-494
90.0
98.0
8.0
0.24
0.039
-
-
4a3-21-495
74.0
88.0
14.0
0.26
0.078
17.3
63
98.0
154.0
56.0
0.17
0.017
17.3
221
including
108.0
130.0
22.0
0.29
0.036
25.3
398
4a3-21-496DD
10.0
28.0
18.0
0.32
0.048
10.7
38
368.0
392.0
24.0
0.15
0.005
12.6
16
510.0
578.0
68.0
-
0.010
21.7
53
578.0
816.0
238.0
-
0.010
27.6
318
including
584.0
616.0
32.0
-
0.010
27.8
735
including
638.0
650.0
12.0
-
-
35.8
580
including
682.0
700.0
18.0
-
-
36.9
543
including
798.0
816.0
18.0
0.16
-
22.4
180
4a3-21-497
no significant mineralization
4a3-21-498
28.0
74.0
46.0
0.15
-
-
-
4a3-21-499
36.0
80.0
44.0
0.16
-
-
-
including
68.0
78.0
10.0
0.35
-
-
-
4a3-21-500DD
1.2
16.0
14.8
0.25
-
-
-
126.0
134.0
8.0
0.17
0.024
-
88
180.0
192.0
12.0
0.39
0.050
19.9
204
296.47
322.0
25.5
0.40
0.057
26.3
334
4a3-21-501
no significant mineralization
4a3-21-502DD
278
328
50.0
0.23
0.031
14.5
156
including
306
324
18.0
0.37
0.045
12.3
180
376
384
8.0
0.25
0.024
25.5
186
420.5
433.85
13.4
-
-
24.2
347
4a3-21-503DD
22
36
14.0
0.16
-
-
-
261
278
17.0
0.28
-
-
-
428
456
28.0
0.91
-
-
-
including
437.5
446
8.5
2.62
0.013
-
-
490
502
12.0
0.24
-
-
-
4a3-21-504DD
58
68
10.0
0.13
0.017
17.4
137
124
138
14.0
-
-
25.8
371
188
264
76.0
-
-
20.3
-
292
344
52.0
0.23
0.023
14.0
-
including
300
308
8.0
0.42
0.036
-
-
including
330
344
14.0
0.35
0.034
18.7
-
514
632.1
118.1
-
0.013
27.9
313
including
566.4
602
35.6
-
0.029
35.9
540
4a3-21-505DD
424.6
442
17.4
-
-
20.5
164
4a3-21-506
132
146
14.0
0.97
-
-
-
4a3-21-507
128
134
6.0
0.30
0.047
25.7
461
GREENFIELD EXPLORATION
Planalto Project (Carajás, Brazil)
Capstone optioned the Planalto project, in Northern Brazil’s
State of Pará, from Lara Exploration Ltd. (“Lara”) and the Company
has invested over $4.6 million in the property thus far. Capstone
can earn a 70% interest in Planalto by investing up to $5 million,
making an additional payment of $400,000, completing a Feasibility
Study and subsequently arranging for project financing for Lara.
Planalto is located in the Carajás mineral province, one of
Brazil’s most prolific mining belts which produces high-grade iron
ore, copper, nickel, manganese and gold. To date, 41 holes have
been drilled, with a best drill hole intercept of 341m from 13m at
0.60% copper, including 108m at 1.05% copper. PEA-level
metallurgical tests indicate +90% copper recovery to a +25% copper
concentrate using conventional flotation. In 2021, Lara and
Capstone secured options on the Tariana and Zaspir licenses,
located on adjoining lands to the north to test open
mineralization. At the Cupuzeiro target, five holes with long
intervals of over 0.2% copper and significant intervals of over
0.4% copper have been completed.
Copper Cities (Arizona, USA)
As announced on January 20, 2022, Capstone entered into an
18-month access agreement to conduct drill and metallurgical test
work at BHP Copper Inc’s Copper Cities project, located
approximately 10 km east of the Pinto Valley Mine. The two-phase
2021-2022 exploration program has been completed. Phase I,
comprising approximately 5,500m in 19 twin holes was completed in
early April; Phase II, comprising approximately 3,514m in eight
geology model confirmation holes, was completed in early May.
Assaying and Metallurgical studies are underway pointing to a
mineral resource estimate tentatively slated for late Q3 2022. To
date, the Company has spent approximately $4.3 million of the $6.7
million programmed.
FUTURE OPPORTUNITIES
Mantos Blancos District and Near Mine Exploration – Oxides
& Sulphides
The Mantos Blancos mine’s geology is well understood and
Capstone’s team has a long history of mineral resource discovery
and conversion into mineral reserves. Near-mine opportunities exist
to add additional oxides and sulphides mineral resources, as well
as to upgrade existing high-grade inferred resources through
additional drilling below the current pit limit.
In addition, many mineralized outcrops have been identified at
the Rosario prospect, approximately 15 km south of Mantos Blancos.
Exploration targets have been identified through the intersection
of faults, geological mapping, geophysics and geochemistry, but
limited drilling has been performed to date with the most recent
activity in 2017 returning the presence of sub-economic oxide
mineralization.
Mantoverde District and Near Mine Exploration – Oxides &
Sulphides
Mantoverde has a history of mineral reserves and resources
growth through successful exploration. The current mineral resource
is open at depth in multiple locations along the main Mantoverde,
Santa Clara and Montecristo faults. Future drilling programs will
focus on deeper high-grade zones and on sulphide areas in the
northern portion of the deposit near the Celso and Manto Russo
pits, which are less explored.
Mantoverde also has significant potential to develop a larger
mining district and several near-mine resource expansion
opportunities exist within the mine’s 23 km land package along the
Atacama Fault System. District targets identified to date include
the Las Animas, Paloma, Las Juntas, San Manuel and Santa Clara
targets, north of the current pit design.
METHODOLOGY
Cozamin drill core samples are analyzed at ALS in North
Vancouver, Canada after preparation at its facilities in Zacatecas,
Mexico. The entire sample is crushed to a minimum of 70% passing 2
millimetres. A 250g subsample of the crushed material is then
pulverized to 85% passing 75 microns. Copper, zinc, lead and silver
are determined by ICP analysis after 4 acid digestion of a 0.25g or
0.4g subsample of pulverized material. QAQC in each batch of 20
samples include a blank, a certified reference material and a
duplicate (one of a field, coarse reject or pulp reject).
Santo Domingo drill core and reverse circulation chip samples
are analyzed at ALS in Lima, Peru after preparation at its
facilities in Copiapó and La Serena, Chile. The entire sample is
crushed to a minimum of 70% passing 2 millimetres. A 1000g
subsample of the crushed material is then pulverized to 85% passing
75 microns. Copper, cobalt and sulphur are determined by ICP
analysis after 4 acid digestion of a 0.25g or 0.4g subsample of
pulverized material and gold is determined by fire assay fusion and
an ICP-AAS finish on a 30-gram charge. Iron is determined by
ICP-AES after sodium peroxide fusion. QAQC with each batch of 40
samples includes a blank, two to three certified reference
materials and a duplicate (one each of a field, coarse reject and
pulp reject).
Planalto drill core samples are analyzed at ALS in Lima, Peru
after preparation at its facilities in Parauapebas, Brazil. The
entire sample is crushed to a minimum of 70% passing 2 millimetres.
A 250g subsample of the crushed material is then pulverized to 85%
passing 75 microns. Copper is determined by ICP analysis after 4
acid digestion of a 0.25g or 0.4g subsample of pulverized material
and gold is determined by fire assay fusion and an ICP-AES finish
on a 30-gram charge. Blank, duplicate core or certified gold and
copper reference materials were inserted at approximately every
10th sample.
ABOUT CAPSTONE COPPER
Capstone Copper Corp. is an Americas-focused copper mining
company headquartered in Vancouver, Canada. We own and operate the
Pinto Valley copper mine located in Arizona, USA, the Cozamin
copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos
copper-silver mine located in the Antofagasta region, Chile, and
70% of the Mantoverde copper-gold mine, located in the Atacama
region, Chile. In addition, we own the fully permitted Santo
Domingo copper-gold project, located approximately 30 km northeast
of Mantoverde in the Atacama region, Chile, as well as a portfolio
of exploration properties in the Americas.
Capstone Copper’s strategy is to unlock transformational copper
production growth while executing on cost and operational
improvements through innovation, optimization and safe and
responsible production throughout our portfolio of assets. We focus
on profitability and disciplined capital allocation to surface
stakeholder value. We are committed to creating a positive impact
in the lives of our people and local communities, while delivering
compelling returns to investors by sustainably producing copper to
meet the world’s growing needs.
Further information is available at www.capstonecopper.com
COMPLIANCE WITH NI 43-101
The disclosure of Scientific and Technical Information in this
document was reviewed and approved by Brad Mercer, P. Geo., Senior
Vice President Exploration and Strategic Projects (technical
information related to mineral exploration activities and to
Mineral Resources at Cozamin), Clay Craig, P.Eng, Manager, Mining
& Evaluations (technical information related to Mineral
Reserves and Mineral Resources at Pinto Valley and Cozamin), Carlos
Guzmán, RM CMC, FAusIMM, Principal, Project Director, NCL, Gustavo
Tapia, RM CMC, Metallurgical and Process Consultant, GT Metallurgy,
and Ronald Turner, MAusIMM CP(Geo), Golder Associates (technical
information related to Mineral Reserves and Mineral Resources at
Mantos Blancos and Mantoverde), and Cashel Meagher, P.Geo.,
President and COO (technical information related to project updates
at Santo Domingo) all Qualified Persons under NI 43-101.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This document may contain “forward-looking information” within
the meaning of Canadian securities legislation and “forward-looking
statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 (collectively,
“forward-looking statements”). These forward-looking statements are
made as of the date of this document and the Company does not
intend, and does not assume any obligation, to update these
forward-looking statements, except as required under applicable
securities legislation.
Forward-looking statements relate to future events or future
performance and reflect our expectations or beliefs regarding
future events and the impacts of the ongoing and evolving COVID-19
pandemic. Forward-looking statements include, but are not limited
to, statements with respect to the estimation of Mineral Resources
and Mineral Reserves, the Company’s strategy, plans and expected
project exploration and de velopment, including exploration
drilling plans and results from the Company’s drilling and
explorations programs to potentially stend mine lives , new
signigivant near-mine areas for explorations, ability to leverage
existing infrastructure and plants, results supporting strategic
plans; future conversion of mineral resources to mineral reserves;
potential to add mineral resources at the Company’s projects; and
potential of Company’s interest in the Planalto Project., the
timing and cost of the Mantoverde Development Project,the timing
and results of the PV4 study, the timing and success of the Cobalt
Study for Santo Domingo, the timing and results of the integrated
plan for Mantoverde - Santo Domingo, the realization of Mineral
Reserve estimates, the timing and amount of estimated future
production, the costs of production and capital expenditures and
reclamation, the budgets for exploration at Cozamin, Santo Domingo,
Pinto Valley, Mantos Blancos, Mantoverde and other exploration
projects, the timing and success of the Copper Cities project, the
success of our mining operations, the continuing success of mineral
exploration, the estimations for potential quantities and grade of
inferred resources and exploration targets, our ability to fund
future exploration activities, our ability to finance the Santo
Domingo project and other current or future projects and
expansions, environmental risks, unanticipated reclamation expenses
and title disputes. The potential effects of the COVID-19 pandemic
on our business and operations are unknown at this time, including
Capstone Copper’s ability to manage challenges and restrictions
arising from COVID-19 in the communities in which Capstone Copper
operates and our ability to continue to safely operate and to
safely return our business to normal operations. The impact of
COVID-19 to Capstone Copper is dependent on a number of factors
outside of our control and knowledge, including the effectiveness
of the measures taken by public health and governmental authorities
to combat the spread of the disease, global economic uncertainties
and outlook due to the disease, supply chain delays resulting in
lack of availability of supplies, goods and equipment, and evolving
restrictions relating to mining activities and to travel in certain
jurisdictions in which we operate.
In certain cases, forward-looking statements can be identified
by the use of words such as “anticipates”, “approximately”,
“believes”, “budget”, “estimates”, expects”, “forecasts”,
“guidance”, intends”, “plans”, “scheduled”, “target”, or variations
of such words and phrases, or statements that certain actions,
events or results “be achieved”, “could”, “may”, “might”, “occur”,
“should”, “will be taken” or “would” or the negative of these terms
or comparable terminology. In this document certain forward-looking
statements are identified by words including “anticipated”,
“expected”, “guidance” and “plan”. By their very nature,
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking statements. Such factors include, amongst
others, risks related to inherent hazards associated with mining
operations and closure of mining projects, future prices of copper
and other metals, compliance with financial covenants, surety
bonding, our ability to raise capital, Capstone Copper’s ability to
acquire properties for growth, counterparty risks associated with
sales of our metals, use of financial derivative instruments and
associated counterparty risks, foreign currency exchange rate
fluctuations, market access restrictions or tariffs, changes in
general economic conditions, availability and quality of water,
accuracy of Mineral Resource and Mineral Reserve estimates,
operating in foreign jurisdictions with risk of changes to
governmental regulation, compliance with governmental regulations,
compliance with environmental laws and regulations, reliance on
approvals, licences and permits from governmental authorities and
potential legal challenges to permit applications, contractual
obligations, impact of climate change and changes to climatic
conditions at our operations and projects, changes in regulatory
requirements and policy related to climate change and greenhouse
gas ("GHG") emissions, land reclamation and mine closure
obligations, aboriginal title claims and rights to consultation and
accommodation, risks relating to widespread epidemics or pandemic
outbreak including the COVID-19 pandemic; the impact of COVID-19 on
our workforce, risks related to construction activities at our
operations and development projects, suppliers and other essential
resources and what effect those impacts, if they occur, would have
on our business, including our ability to access goods and
supplies, the ability to transport our products and impacts on
employee productivity, the risks in connection with the operations,
cash flow and results of Capstone Copper relating to the unknown
duration and impact of the COVID-19 pandemic, impacts of
geopolitical events and the effects of global supply chain
disruptions, uncertainties and risks related to the potential
development of the Santo Domingo project, factors detailed from
time to time in the Company’s interim and annual financial
statements and MD&A of those statements and Management
Information Circular, all of which are filed and available for
review under the Company’s profile on SEDAR at www.sedar.com.
Although the Company has attempted to identify important factors
that could cause our actual results, performance or achievements to
differ materially from those described in our forward-looking
statements, there may be other factors that cause our results,
performance or achievements not to be as anticipated, estimated or
intended. There can be no assurance that our forward-looking
statements will prove to be accurate, as our actual results,
performance or achievements could differ materially from those
anticipated in such statements. The forward-looking information
contained herein is presented for the purpose of assisting readers
in understanding the Company’s palsn and objectives in connection
with its exploration programs and results of exploration and may
not be appropriate for other purposes. Accordingly, readers should
not place undue reliance on our forward-looking statements.
SUPPLEMENTAL DRILL HOLE INFORMATION
Cozamin drill hole collar details:
CG-20-U514
747,061
2,524,435
1,983
302
-74
800.0
CG-20-U515
747,067
2,524,433
1,983
86
-84
570.0
CG-20-U516
747,067
2,524,431
1,984
114
-65
558.0
CG-21-S530
747,567
2,524,774
2,478
223
-66
1360.0
CG-21-S531
747,737
2,524,643
2,474
222
-65
1193.0
CG-21-S532
747,737
2,524,644
2,475
195
-66
1353.0
CG-21-S533
747,302
2,524,860
2,475
240
-66
1415.0
CG-21-S535
747,304
2,524,859
2,475
202
-66
1187.0
CG-21-S536
747,736
2,524,644
2,477
222
-60
1500.0
CG-21-S538
747,299
2,524,858
2,475
236
-55
1237.0
CG-21-S540
747,737
2,524,644
2,477
203
-59
1111.5
CG-21-S541
747,301
2,524,858
2,475
217
-74
1476.0
CG-21-S543
747,737
2,524,644
2,476
218
-73
1322.0
CG-21-S550
747,301
2,524,859
2,475
216
-69
1190.0
CG-21-S551
747,737
2,524,644
2,476
248
-70
1328.0
CG-21-S553
747,301
2,524,858
2,475
229
-62
1188.0
CG-21-S554
748,335
2,524,558
2,488
175
-80
1403.0
CG-21-S555
747,737
2,524,644
2,476
200
-72
1223.0
CG-21-S556
747,897
2,524,503
2,476
156
-80
1340.4
CG-21-S557
747,303
2,524,860
2,475
174
-52
1082.0
CG-21-S559
747,738
2,524,644
2,476
198
-75
1138.0
CG-21-S560
747,898
2,524,503
2,475
151
-72
1324.0
CG-21-S561
747,303
2,524,860
2,475
172
-60
1208.0
CG-21-S564
747,738
2,524,644
2,476
178
-68
1103.0
CG-21-S565
747,898
2,524,505
2,476
205
-78
1224.0
CG-21-S567
747,303
2,524,860
2,475
182
-63
1170.0
CG-22-S569
747,900
2,524,503
2,476
216
-83
1350.0
CG-22-S570
747,899
2,524,504
2,476
173
-73
1154.0
CG-22-S571
747,900
2,524,503
2,476
271
-78
1364.0
CG-22-S572
747,900
2,524,503
2,476
190
-72
1091.0
CG-22-S573
747,900
2,524,503
2,476
244
-80
In progress
CG-22-U517
747,524
2,524,512
1,993
182
-68
630.0
CG-22-U518
747,527
2,524,512
1,992
147
-49
621.7
CG-22-U519
747,527
2,524,512
1,992
161
-51
546.0
CG-22-U520
747,523
2,524,512
1,993
174
-58
800.0
CG-22-U521
747,525
2,524,512
1,993
151
-40
591.0
CG-22-U522
747,524
2,524,513
1,992
151
-72
598.0
CG-22-U523
747,527
2,524,512
1,992
181
-74
561.0
CG-22-U524
747,526
2,524,513
1,993
120
-82
660.0
Table Notes: Collar coordinates
are surveyed in UTM NAD27 Zone 13 with elevations in meters above
sea level.
Santo Domingo drill hole collar details:
4a3-21-489DD
399,616
7,073,286
1,099
360
-90
708.4
4a3-21-490DD
399,747
7,073,686
1,087
360
-90
692.3
4a3-21-491DD
399,670
7,073,867
1,084
360
-90
835.6
4a3-21-492DD
399,346
7,073,380
1,121
360
-90
689.2
4a3-21-493
400,089
7,074,388
1,039
360
-90
280.0
4a3-21-494
400,342
7,073,843
1,062
360
-90
150.0
4a3-21-495
400,417
7,073,215
1,101
360
-90
200.0
4a3-21-496DD
399,622
7,073,505
1,097
65
-70
846.5
4a3-21-497
400,419
7,072,894
1,132
360
-90
276.0
4a3-21-498
400,317
7,072,729
1,138
360
-90
230.0
4a3-21-499
400,139
7,074,631
1,027
360
-90
300.0
4a3-21-500DD
400,126
7,072,864
1,148
360
-90
347.4
4a3-21-501
400,692
7,073,563
1,093
360
-90
400.0
4a3-21-502DD
399,779
7,074,574
1,036
360
-90
500.4
4a3-21-503DD
399,716
7,072,350
1,168
360
-90
520.0
4a3-21-504DD
399,681
7,074,304
1,058
360
-90
632.1
4a3-21-505DD
399,752
7,073,684
1,086
65
-60
540.2
4a3-21-506
400,734
7,073,251
1,105
360
-90
200.0
4a3-21-507
400,468
7,073,460
1,085
360
-90
198.0
Table Notes: Collar coordinates
are surveyed in UTM PSAD56 19S with elevations in meters above sea
level. Holes are reverse circulation, reverse circulation
pre-collar with diamond drill tails (noted as DD) and by diamond
drill only for holes 4a3-21-500DD and 4a3-21-503DD.
Planalto drill hole collar details:
21-001
636,801
9,295,541
184
84
-61
312.80
21-002
636,952
9,295,551
181
89
-59
354.10
21-003
636,651
9,295,600
189
88
-59
404.65
21-004
636,950
9,295,450
181
97
-56
453.40
21-005
636,899
9,295,635
180
90
-60
451.80
Table Notes: Collar coordinates are
surveyed in UTM WGS84 with elevations in meters above sea
level.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220613005279/en/
Jerrold Annett, SVP, Strategy and Capital Markets 647-273-7351
jannett@capstonecopper.com
Kettina Cordero, Director Investor Relations &
Communications 604-262-9794 kcordero@capstonecopper.com
Credit Suisse (NYSE:CS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Credit Suisse (NYSE:CS)
Historical Stock Chart
From Sep 2023 to Sep 2024