ABBOTSFORD, BC, Oct. 16, 2008 /PRNewswire-FirstCall/ - ICS Copper Systems Ltd. (ICX:TSX.V) is pleased to announce that the Company has obtained a NI 43-101 compliant independent Mineral Resource Technical Report on the sulphide mineralization at the Mokambo property, Zambia. This resource estimate provides a useful baseline for further exploration and development of the Mokambo property.
The following tabulation is at the 'Inferred' level of confidence, based on CIMM guidelines.
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Zone Cut-off Approx. Dimensions Tonnage Grade
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(% TCu) (m) (MT) (% TCu)
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Sulphide 0.75 1000 x 600 x 20 14.9 1.22
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The resource estimate was completed by Ms. Kathleen Body of Coffey Mining Limited, who is an independent qualified person under NI 43-101 regulations. The mineral resource estimate utilized a 3D block modelling program (Datamine V3) based on drill data consisting of the historic sulphide holes (1929 to 1970) and the twinned sulphide holes drilled by ICS in 2008. The modelling focused on defining a contiguous block of mineralization, at a high grade, to warrant additional exploration.
The specific gravity used was the historic value of 2.8. Composite samples averaging two meters in length were calculated with a cut-off grade of 0.75 % total copper. Although three mineralized zones were identified, only the middle zone was used in the estimate due to its continuous nature with respect to the wide spaced drill holes. The mineral resource envelope was based on contiguous blocks with greater than 0.5 % total copper, with a drill hole spacing of less than 200 meters.
The sulphide mineral resource defines a 20 meter wide zone of moderate to high grade material that extends to at least 600 meters and is at the 'Inferred' level of confidence, due to the wide spacing of the drill holes. This estimate is less than the historic estimates due to this hole-spacing, the estimation methodology and the selection criteria used.
The Company is confident that with an in-fill and perimeter drilling program based on a spacing grid of 50 x 50 meters, down to 350 meters, the tonnage in this area will increase.
