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SMC drills new copper

SMC Gold says drilling has further highlighted the potential to increase the copper resources at its expanding Cinabrio mine in Chile, with the company currently canvassing financing options for a $US6-8 million expansion.

Michael Quinn
SMC drills new copper

Drilling 30-60m below the Cinabrio deposit (10.77 million tonnes grading 1.43% copper) hit 19m at 4.37% copper – including an interval of 2m at 13.91% and 7m at 2.18%. SMC said the mineralisation style...

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