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Frank A. Douglass Insurance Agency

Viable Amounts Of Copper And Silver Confirmed At White Pine North

Highland Copper Company says that recent test drilling at its White Pine North site has confirmed the results of earlier tests indicating that the area contains commercially viable amounts of copper and silver.

Highland sank 27 diamond drill holes in January and February.

That effort followed up some drilling they did last year. Highland says results are consistent with other tests done by White Pine’s previous owners.

4.5 billion pounds of copper were mined at the old White Pine Mine between 1952 and 1995.

The area Highland is exploring is immediately to the north of the old mine.

The company says it will do additional testing this summer, if funding is available.

Highland recently announced that it had raised 7.6 million dollars through a private share sale.

It also recently agreed to lease the mineral rights to approximately 1,816 acres that were not included with its pending purchase of the White Pine North site.

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