Error message

Deprecated function: The each() function is deprecated. This message will be suppressed on further calls in _menu_load_objects() (line 569 of /home/richardb/public_html/sites/vw-staging/includes/menu.inc).
Deprecated function: implode(): Passing glue string after array is deprecated. Swap the parameters in drupal_get_feeds() (line 394 of /home/richardb/public_html/sites/vw-staging/includes/common.inc).

International Enexco Ltd. (IEC:CA)

Company
Discussion
Profile

*/?>

Web site:

http://www.enexco.ca

Click here to visit International Enexco homepage
International Enexco Ltd. (IEC:TSX.V; IEXCF:OTCQX; IE6: Frankfurt) is a North American exploration and development company focused on the feasibility stage Contact Copper Project in northern Nevada. The company also pursues gold and silver exploration in Idaho and Nevada, and holds interest in the Mann Lake Uranium Project in Athabasca Basin, Saskatchewan.

Projects

Contact Copper Project

Highlights

Measured & Indicated Mineral Resource of 1.06 billion pounds copper (at 0.10% Cu cut-off)
Inferred Mineral Resource of 340 million pounds copper (at 0.10% Cu cut-off)
100% owned property in northeast Nevada
Amenable to heap-leaching & SX-EW
Excellent infrastructure in roads, power, water

Project Status

Feasibility study currently underway
Metallurgy testing on key ore types

Responsibility

Concurrent reclamation of exploration disturbance
Ongoing monitoring of revegetation

Property Information

Elko County, Nevada
100% Owned by International Enexco
2,600 acres of patented claims (private)
6,800 acres of unpatented claims
Mining friendly jurisdiction

Click here for more information

Mann Lake Uranium Project
Athabasca Basin, Saskatchewan

2013 Drill Program

• $6 Million Exploration Program

• 21,000 Metre Diamond Drill Program

• 3 Drill Rigs

• Partnered with Cameco and AREVA
On November 15, 2013 International Enexco Ltd. announced that an aggressive exploration drill program will begin starting January 2013, directed by the project operator, Cameco Corporation. The proposed budget for the 2013 program will be CDN$6,000,000 with Enexco's portion being CDN$1,800,000. The primary objective of the proposed exploration program will be to drill test priority geological and geophysical targets along the C conductor trend over the entire length of the property. This will allow for the evaluation for the presence of in situ mineralization, alteration and / or geochemical halos indicative of an economic deposit on the Mann Lake project.

The Mann Lake Uranium Project is located in the heart of what is undisputedly the most prolific and highest grade uranium region in the world, the Athabasca Basin in Saskatchewan. The Project lies 25 km southwest from Cameco's McArthur River Mine and is 20 km northeast from Cameco's Millennium deposit. High-grade basement-hosted uranium mineralization was discovered at Mann Lake during a 2006 drill program. The two highest grade intervals averaged 7.12% U308 over 0.25 m and 5.53% U308 over 0.4 m at depths of just over 500 m.

"This is the largest exploration program ever proposed by the Joint-Venture" commented Arnold Armstrong, President & CEO. "With anomalous radioactivity and boron encountered in almost every previously drilled hole, we are approaching the 2013 program with great expectations."

The 2013 drill program may consist of 28 drill holes with an additional 10 contingency holes, using 3 separate drills totalling approximately 21,000 m (69,000 ft.) of drilling.

By the end of the proposed 2013 drill program, all geological and stacked resistivity and EM targets coincident with the C conductor trend will have been drill evaluated and characterized with potential detailed follow-up of positive results either undertaken or deferred to a future program.

Additional grid refurbishment and geophysical surveying is planned for the northernmost portion of the property.