Cogitore Resources Inc. (TSX VENTURE:WOO) reported the results of the first mineral resource estimate for its 100% owned Scott Lake Project near Chibougamau, Quebec.
The press release is quoted as saying:
Assumptions made by Scott Wilson RPA for the determination of the $80 NSR cut-off include a US$0.85 Canadian dollar and the following metal prices: copper – US$2.50/lb, zinc – US$1.00/lb, gold – US $950/oz, and silver – US $15/oz.
