11:43 AM EST - Capstone Mining Corp. : reported the results of a Prefeasibility Study for the Phase V expansion of its high-grade Minto copper-gold mine in the Yukon. This study recommends a ramp up in mill throughput to an average production rate of 3,750 tonnes per day throughput or 1.37 million tonnes per year processed in an optimized mill, with ore to be extracted from new mineralized areas discovered in 2009 to 2010 not considered in previous studies. The Phase V PFS targets 400 million pounds of copper in concentrate to be produced over a 10-year mine life, commencing January 2011. New deposits not considered in the Phase IV study, issued in December 2009, provided the basis to initiate the Phase V PFS. Capstone Mining Corp.
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