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That estimate showed the Copperwood Project contains 1.06 billion pounds of copper and 4.2 million ounces of silver in the measured and indicated resource category and 1.1 billion pounds of copper and 2.7 million ounces of silver in the inferred category.
The independent technical report entitled “NI 43-101 Technical Report on the Copperwood Copper Project, Michigan USA” has an effective date of April 15, 2015. It is available on SEDAR (www.sedar.com) and on the website of Highland (www.highlandcopper.com).
Highland is in the process of assessing a number of options in the development of the Copperwood, White Pine North and Keweenaw projects.
Highland officials say they want to maximize synergies among these projects, minimizing development costs and reducing overall environmental impact.
The preferred options will be detailed in a pre-feasibility study scheduled to be published later this year.
Highland also plans to conduct additional metallurgical and geotechnical work on the Copperwood deposit and drill in-fill holes in the higher-grade zones of the Satellite deposits, subject to the availability of necessary funding.
The Copperwood Project was acquired by Highland in 2014.
