Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: Agm link
Reply New Message
Prev Message Back To Forum Threaded View Next Message

To the best of my knowledge...

Copper: 

Current state (First 5 years):

133 000 tpd (92% availability) x 365 days x 2200 (conversion from kg to lb) x 0.288% (grade) x 83.1% (recovery) = 256Mlbs per year.

Possible future state?

137 000 tpd (94-95% availability) x 365 days x 2200 x 0.30% (higher grades) x 88% (higher recoveries) = 290Mlbs per year.

Conclusion:  34Mlbs additional pounds per year at minimal cost?

That's a lot more EBITDA at $3.25 US, without any consideration for gold.

MoneyK

7 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply