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Share Name | Share Symbol | Market | Type |
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TSXV:KBT | TSX Venture | Common Stock |
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Kombat Copper Inc. (TSX VENTURE:KBT) ("Kombat Copper" or the "Company") has filed a National Instrument 43-101 ("NI 43-101") compliant technical report related to its press release issued on May 20, 2014 announcing an initial Mineral Resource Estimate for the Kombat Copper Project in Namibia. The independent technical report, entitled "Technical Report and Resource Estimate on the Kombat Copper Project, Grootfontein District, Otjozondjupa Region, Namibia" (the "Technical Report"), dated June 4th, 2014, was prepared for Kombat Copper by P&E Mining Consultants Inc. The Technical Report is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.kombatcopper.com. Qualified Person F. W. Nielsen, P.Geo., President and CEO of Kombat Copper, is the Qualified Person for the Company, reviewed and approved the contents of this news release. About Kombat Copper Kombat Copper (TSX VENTURE:KBT) is a publicly traded Canadian exploration and development company with its core operations focused on copper resources in Namibia, one of the world's most prospective copper regions, where it has substantial assets in place with significant exploration upside. The Company holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia particularly known for its high-grade copper deposits. Within these licenses are three past-producing mines including the Company's flagship property: the past-producing Kombat Mine. The Kombat Mine's extensive infrastructure includes an 800m production shaft which was opened in 2006, three recently-operational shafts, ramp systems, extensive underground workings, mine buildings, a tailings facility, a mill and concentrator (replacement value est. +$100MM) all supported by the Company's local town site. The Kombat Mine is linked to vital existing infrastructure, including power, water, roads, and rail with close proximity to the port of Walvis Bay and to one of only five commercial-grade smelters in Africa located in Tsumeb, located 100 road kilometers away from the Kombat Mine. In addition to mining licenses, the Company holds an 80% interest in five Exclusive Prospecting Licenses ("EPLs") covering an area of more than 2200 km2. The EPLs are located also within the copper-rich Otavi Mountainlands and are in close proximity to Tsumeb. Cautionary Notes Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements. These statements include statements regarding the mineral resource estimate, the Company's plans for the Kombat Mine, its expectations for the Kombat Mine and the potential of the mine, and the expected effect on the Company's financial and operating results. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws. FOR FURTHER INFORMATION PLEASE CONTACT: Kombat Copper Inc. Bill Nielsen President and CEO +1 (416) 861-1685 Kombat Copper Inc. Rob Hopkins Manager, Investor Relations +1 (416) 861-5899 info@kombatcopper.com www.kombatcopper.com
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