- Highland Copper Company (HI) began an infill drill program on its White Pine North projects in Michigan
- The goal of the winter drilling program is to upgrade a portion of the inferred resources into the measured and indicated category
- The initial phase of the program consists of eight holes representing 8,400 metres of core drilling.
- By the time it closed, over 4.5 billion pounds of copper had been produced from the former White Pine mine
- Highland Copper Company Inc. (HI) is unchanged, trading at C$0.08 at 10:45 am ET
Highland Copper Company (HI) began an infill drill program on its White Pine North projects in Michigan.
The goal of the winter drilling program is to upgrade a portion of the inferred resources into the measured and indicated categories. This would increase the usable resource base and mine life for future feasibility studies. The initial phase of the program consists of eight holes representing 8,400 metres of core drilling.
The company’s President and CEO, Denis Miville-Deschênes, believes the company still has value to surface from Highland’s key business assets, the White Pine North and Copperwood projects.
“We are drilling the extension of the historic White Pine mine, which had a long history of successful conversion of inferred ore. Similarly, we hope to convert a significant portion of our 97 million inferred resource tonnes. We look forward to providing updates throughout the program.”
The White Pine North Project is located in the historical copper range district of the Upper Peninsula of Michigan, U.S.A.. It is an extension of the historical White Pine mine, which operated from 1953 to 1995. By the time it closed, over 4.5 billion pounds of copper had been produced from the former White Pine mine.
Highland Copper Company Inc. is a Canadian company focused on exploring and developing copper projects in the Upper Peninsula of Michigan.
Highland Copper Company Inc. (HI) is unchanged, trading at C$0.08 at 10:45 am ET.
