Niblack Mineral Development Inc. (NIB: TSX-V) is an exploration and development company where the principal asset is the Niblack advanced stage copper-gold-zinc-silver project in southeast Alaska. This project is held by Niblack Mineral Development Inc. (formerly CBR Gold Corp) and joint venture partner Heatherdale Resources Limited, a Hunter Dickinson company with the right to earn a 70% interest in the project. The property comprises a NI 43-101 compliant resource and contiguous land package comprising 3,300 acres with excellent potential to expand the current resource base. The current mineral inventory includes an Indicated Resource of 2,588,000 tonnes grading 2.33 g/t Au, 33.18 g/t silver, 1.18% copper and 2.19% zinc and an Inferred Resource of 1,712,000 tonnes grading 2.08 g/t gold, 32.56 g/t silver, 1.55% copper, and 3.17% zinc based on a US$50 NSR block cut-off. Niblack Mineral Development Inc. and joint venture partner and operator Heatherdale Resources continue the ongoing drill campaign to produce excellent results (See press release August 17, 2009, December 17, 2009 and January 18, 2010).
- 100% Niblack Mineral Development owned project
- JV partner Heatherdale Resources (a Hunter Dickinson company)
- Gold rich VMS deposit containing Au, Ag, Cu, and Zn
- Mineral inventory includes:
- Indicated Resource of 2.6Mt grading 2.33g/t Au,33.18g/t Ag, 1.18% Cu and 2.19% Zn
- Inferred Resource of 1.7Mt grading 2.08g/t Au, 32.56g/t Ag, 1.55% Cu, and 3.17% Zn.
- Near tidewater, 27 miles from Ketchikan
- Extensive site infrastructure in place to support an efficient exploration plan.
- Khayyam and Ruby Tuesday Properties 20 and 30 km NNW of Niblack Project
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