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News Breaks February 5, 2013 07:12 EDT NCQ NovaCopper adds infrerred resources containing 2.4B pounds of copper at UKMP NovaCopper announced the release of an initial National Instrument 43-101, or NI 43-101, compliant mineral resource estimate for the South Reef zone of the Bornite Project for its Upper Kobuk Mineral Projects, or UKMP, located in the highly prospective Ambler mining district in northwestern Alaska. At the base case 1.0% copper cutoff grade, the South Reef zone is estimated to contain an Inferred Resource of 43.1M tonnes at 2.54% copper or 2.4 billion pounds of contained copper. This is the second resource estimate for the Bornite Project. On July 18, 2012, the company released an initial resource estimate for the Ruby Creek zone of the Bornite Project announcing an Indicated Mineral Resource of 6.8M tonnes at 1.19% Cu and an Inferred Resource of 47.7M tonnes at 0.84% Cu at a 0.5% Cu cut-off grade. The South Reef zone is located approximately 500 metres southeast of the Ruby Creek zone. An updated National Instrument 43-101 compliant technical report for the Bornite Project will be filed later this month. News For NCQ From The Last 14 Days Check below for free stories on NCQ the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. There are no results for NCQ Sign up for a free trial to see the rest of the stories you've been missing.