10:04 AM EST - Capstone Mining Corp. : Releases positive results of an updated Technical Report for its Santo Domingo Iron Oxide-Copper-Gold project in Region III, Chile and announces the start of a strategic process for the Project. The strategic process will explore several alternatives, including selling a portion of the Project. Santo Domingo is owned 70% by Capstone and 30% by Korea Resources Corporation. The Technical Report updates project economics, which benefits from significantly lower power costs and several engineering changes, including the use of desalinated water in lieu of seawater; the report also includes the addition of cobalt to the mineral resources. Capstone Mining Corp.
shares T.CS are trading unchanged at $0.60.
