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Constantine Metal Resources Ltd V.CEM


Primary Symbol: CNSNF

Constantine Metal Resources Ltd is a base and precious metal exploration company focused on its Alaska polymetallic project, Palmer. The company's flagship Palmer VMS Project, located near Haines in Southeast Alaska, is road-accessible and hosts two NI 43-101 compliant resources. The Palmer Project is a Joint Venture partnership between Constantine and Dowa Metals & Mining Co Ltd with the company as an operator.


OTCQX:CNSNF - Post by User

Comment by anon3on May 11, 2015 3:52pm
73 Views
Post# 23716412

RE:RE:resource update error?

RE:RE:resource update error?
Here is CEM  response......you are correct DB

Hi XXXXX,
Your email to info@ was forwarded to me. The 97% increase is based on a $75/t cut-off. The 2010 resource above $75/t totaled 4.1Mt  – 8.1Mt represents a 97% increase over this number. The 4.75Mt number you reference is based on a $50/t cutoff. To remain conservative in our modeling and resource statement for a $50/t cutoff was not tabulated for the 2015 resource.  The 4.1MT @ $75/t cutoff was included in the original 2010 resource statement as well as subsequent disclosures.
 
Trying to make sure we are comparing apples to apples.
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