Palmer Project Signing Ceremony February 1, 2013 Nobuo Yamazaki, President Dowa Metals & Mining Co., Ltd. and Garfield MacVeigh, President Constantine Metal Resources Ltd.
Constantine is a gold and copper exploration company with multiple active projects located in premier North American mining environments.
The Company's flagship Palmer VMS Project is located in a very accessible part of southeast Alaska and host to a NI 43-101 compliant 4.75 million tonne inferred resource grading 1.84% copper, 4.57% zinc, 0.28 g/t gold and 29 g/t silver (using an NSR cut-off of US$50/t; see news release dated January 20, 2010) that is open to expansion. Other major active projects include the 100% owned Timmins area Munro-Croesus Project a past-producing mine property that yielded some of the highest grade gold ever mined in Ontario and includes strategically located claims immediately along trend from the Fenn-Gib gold deposit with a NI 43-101 resource containing 1.35 million ounces indicated and 0.75 million ounces inferred, and the large Golden Mile property in the Timmins gold camp that is optioned to Teck Resources Ltd. who can earn up to 66% by spending $5M.
Constantine's Mine Finder model consists of a mix of JV's and 100% owned projects, providing shareholders maximum opportunity for success. The discovery pipeline includes a 50/50 Joint Venture with Carlin Gold Corporation exploring an approximately 800 sq. km land position in an emerging new Carlin-type gold district in Yukon and the Trapper Gold Project in northern British Columbia that is optioned to Ocean Park Ventures Ltd. who have carried out 8,500 meters of drilling and can earn 70% by spending $9.75M.
CEM Management Discusses New Dowa Agreement