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Andover Mining

11:55 AM EST - Andover Mining : released an initial resource estimate for its SUN Project in the Ambler Mineral Belt, Alaska, one of the richest and most prospective copper mineral belts located in one of the safest geopolitical jurisdictions in the world. Using a cut-off of $75 per tonne in ground value, the combined Main SUN and Southwest SUN Deposits Indicated Resources are estimated at 2.165 Million Tonnes at 1.42% copper, 1.06% lead, 4.11% zinc, 57.6 grams per tonnes silver, and 0.21 grams per tonne gold. This is equivalent to a grade of 3.9% copper. The additional Inferred Resources are 11.648 Million Tonnes at 1.14% copper, 1.37% lead, 3.91% zinc, 76.8 grams per tonne silver and 0.24 grams per tonne gold. This also works out to a 3.9% copper equivalent. Andover Mining shares V.AOX are trading unchanged at $0.07.