COGITORE Resources Inc. (the "Company") (TSX VENTURE:WOO) announces that it has
filed on SEDAR a NI 43-101 compliant Technical Report on a mineral resource
estimate at the Company's 100% owned Scott Lake Project near Chibougamau,
Quebec. The resources estimate was prepared by Bernard Salmon, Eng., consulting
engineer with Roscoe Postle Associates Inc. ("RPA").


All technical parameters related to the resource estimate are fully disclosed in
the technical report. The estimate was done by block modeling techniques, using
a minimum horizontal width of 2.0 metres and a Net Smelter Return cut-off of $80
per tonne. Results were disclosed in a June 15, 2011 press release but resource
estimates have since been slightly modified by RPA in the final report following
adjustments in geological interpretation, yielding an overall increase in
tonnage of 145,000 tonnes and in copper grade from 1.1% to 1.2% Cu. Highlights
are as follows:




--  Inferred resources of 5.4 million tonnes grading 1.2% copper, 4.6% zinc,
    0.2g/t gold and 34g/t silver using a $80 NSR cut-off; assumptions made
    by RPA for the determination of the $80 NSR cut-off include an exchange
    rate of US$1.00 = CDN$1.00 and the following metal prices: copper -
    US$3.25/lb, zinc - US$1.00/lb, gold - US $1000/oz, and silver - US
    $20/oz. 
    
--  contained metal in the resources is as follows: 
    
    --  copper: 144 million pounds 
        
    --  zinc: 552 million pounds 
        
    --  silver: 6 million ounces 
        
--  nearly 50% of the mineralization is stringer-type, of which several
    large portions may be amenable to less expensive bulk mining underground
    methods; 
    
--  both massive and stringer-type copper/zinc sulphide mineralization are
    related to several lenses, some of which remain open along strike and at
    depth; 
    
--  mineralization from the historic Selco-Scott deposit (lens) is not
    included as most of the drill core from Selco's 1976 drilling is no
    longer available for independent verification. Thundermin's non-
    compliant published estimate to a depth of 375 metres is 700,000 tonnes
    grading 0.4% copper, 6.9 % zinc and 12 grams silver per tonne. 



The technical report also provides mineral resource estimates based on different
NSR cut-off scenarios, as summarized in the table below:




          NSR cut-off sensitivity Scott Lake Project         
-------------------------------------------------------------
NSR cut-off        Tonnes      %Cu      %Zn   g/t Au   g/t Ag
($C/tonne)     (inferred)                                    
-------------------------------------------------------------
$80             5,447,000      1.2      4.6      0.2       34
-------------------------------------------------------------
$100            3,860,000      1.3      5.5      0.3       38
-------------------------------------------------------------
$120            2,786,000      1.5      6.4      0.3       42
-------------------------------------------------------------



Among the several recommendations made by RPA in the report, Company management
noted the following:




--  Carry out a Preliminary Economic Assessment prior to major drilling
    programs as the mineral resources are sensitive to the cut-off grade
    used (re: above table); 
--  Additional drilling to increase mineral resources in new and existing
    zones, and more specifically to allow a NI 43-101 compliant resource
    estimate on the sub-cropping Selco- Scott lens; 
--  Additional drilling to upgrade mineral resources to the indicated
    category and to confirm interpretation of the Central Lens sector; and 
--  Metallurgical testing on diamond drill core. 



The Company has already initiated a metallurgical test on a representative
composite sample and results are expected by the end of the third quarter of
2011. A drilling program is also planned for the fourth quarter of 2011.
Finally, the Company is currently evaluating the merits of initiating a
Preliminary Economic Assessment in light of the increased resources and of
currently sustained metal prices.


The report is available at www.sedar.com, and will be posted shortly on the
Company's website at www.cogitore.com.


Work is carried out by the Company's personnel, under the supervision of Gerald
Riverin, PhD, P.Geo. He is a qualified person (as defined by National Instrument
43-101) and has more than 30 years of experience in VMS exploration.


The Company has developed a strategic focus on base metal exploration in
prospective areas that also feature infrastructure favourable for mining
development. Accordingly, it will focus its work in the Abitibi Belt of Quebec
and Ontario, and in the Central Belt of Newfoundland.


Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking
information within the meaning of securities laws. Forward-looking information
may relate to our future outlook and anticipated events or results. In some
cases, forward-looking information can be identified by terms such as "may",
"will", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "predict", "potential", "continue", "does not expect", "budget",
"scheduled", "forecast" or other similar expressions concerning matters that are
not historical facts. These statements are based on certain factors and
assumptions regarding expected developments. While we consider these assumptions
to be reasonable based on information currently available to us, they may prove
to be incorrect.


Forward looking-information involves known and unknown risks, uncertainties and
other important factors that could cause actual results, performance or
achievements of the Company to differ materially from the future results,
performance or achievements expressed or implied by such forward looking
information. Such risks, uncertainties and other important factors include,
without limitation: general economic conditions; access to skilled consultants;
the possibility that future exploration results will not be consistent with the
Company's expectations; uncertainties involved in interpreting drilling results;
unanticipated costs and expenses; timing and availability of external financing
on acceptable terms; dependence on key personnel; future prices of precious and
base metals; failure of equipment or processes to operate as anticipated; and
risks inherent in mining exploration and development including, but not limited
to, unusual or unexpected geological formations. Such factors are also described
or referred to under the headings "Property and Financial Risk Factors Affecting
Financial Instruments" and "Other Risk and Uncertainties" of the Company's
Management's Discussion and Analysis for the quarter ending September 30, 2009,
all of which are incorporated by reference herein and are available at SEDAR at
www.sedar.com. We caution that the foregoing list of important factors is not
exhaustive. Investors and others who base themselves on the Company's
forward-looking statements should carefully consider the above factors as well
as the uncertainties they represent and the risk they entail.


You should not place undue importance on forward-looking information and should
not rely upon this information as of any other date. The Company undertakes no
obligation to update publicly or release any revisions to these forward-looking
statements to reflect events or circumstances after the date of this document or
to reflect the occurrence of unanticipated events except where required by
applicable laws.


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