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Power Ore completes 3D block model at former producing Perry mine on Opemiska copper complex

The exploration firm created a block model that will allow the company to better evaluate the mineralization within the historic mine complex

copper
The company is preparing for a resource estimate at the Perry mine

PowerOre Inc (CVE:PORE) has wrapped up an ambitious 3D modelling program of the underground workings at the Perry mine in Quebec.

The Toronto-based exploration firm created a block model that will allow the company to better evaluate the mineralization within the historic mine complex, which also includes the former producing Springer mine.

The company said it now has block models for each of the Perry and Springer mines on the Opemiska copper mine complex.

READ: Power Ore releases new drill results from Opemiska copper project in Quebec

Power Ore told shareholders on Tuesday that it will release a more detailed plan, including an outlined drill program, at Perry shortly.

"Our team committed significant resources over the past six months to complete data entry and digitization of all historical drill data and the manual wireframing of all stopes and veins on Perry in preparation of block modelling and internal resource estimation,” Power Ore CEO Stephen Stewart told shareholders.

“Our goal is to outline an underground bulk mining scenario for Perry and this essential precondition is now complete.”

The next step is to complete a drill program to validate the historical drilling at Perry in preparation for a resource estimate that will complement ongoing work at Springer Mine, according to Stewart.

The Opemiska copper complex is within the prolific Abitibi Greenstone belt in Quebec and consists of 11 mining claims covering the past-producing Springer and Perry mines, which were once owned by Falconbridge.

Shares of Power Ore traded in Toronto at C$0.045 on Tuesday morning.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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Price: 0.065 CAD

TSX-V:PORE
Market: TSX-V
Market Cap: $2.56 m
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