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    EMED Mining sets out drilling plans for Rio Tinto Copper Mine

    Wed, 01/19/2011 - 04:02 EDT - http://www.stockopedia.co.uk
    • RDF10

    Emed Mining (LON:EMED) , the mining exploration and development company with a portfolio of projects in Europe, announced today plans for drilling at its flagship Rio Tinto Copper Mine in 2011. EMED is still waiting for full regulatory approval to begin work at Rio Tinto but is nevertheless keen to restart production and carry out further exploration in order to extend the base-case 14-year life of the mine.In its new plans, EMED will conduct grade control drilling within the planned open pit to improve grade distribution data and verify the location of historical underground mine workings for detailed mine planning in preparation for commencement of mining. EMED also wants to carry out drilling within and adjacent to the planned open pit that is targeted at increasing current mineral resources as well as delineating additional ore reserves. Finally, the company is planning initial scout drilling down-plunge of historical underground mine workings that is aimed at exploring untested underground potential. Drilling is planned to commence as soon as regulatory permits allow.Harry Anagnostaras-Adams, the managing director of EMED, said: “The Rio Tinto Copper Mine has substantial ore reserves based on an assumed...

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