09:55 AM EST - Queenston Mining Inc. : announced an updated mineral resource statement for the 100% owned Upper Beaver Gold-Copper Project located in northeastern Ontario, near Kirkland Lake. Mineral resources were estimated by SRK Consulting (Canada) Inc. and are reported in accordance with Canadian Securities Administrators National Instrument 43-101. Highlights: Indicated mineral resource of 1.46 million ounces of gold and 56 million pounds of copper (1.58 million gold equivalent ounces). Inferred mineral resource of 0.71 million ounces of gold and 32 million pounds of copper (0.78 million gold equivalent ounces). Indicated and inferred resources driven by tonnage increase of 123% and 48% respectively. Queenston Mining Inc.
shares T.QMI are trading up $0.08 at $3.93.
