Post by
Wangotango67 on May 12, 2023 2:41pm
AN IDEA...
One could explore this regeion on Colombia for another
20 yrs nd still try to decipher how it was formed.
This project has morphed into a lifestyle, of explore
while missing the copper cycle which is in full swing.
Rich grade copper at surface everywhere...
I'd be sitting down with the Colombian Gov't.
I'd discuss a profit share.
Triad.
Junior, Gov't, Indigenous.
Choose 5 zones
100 indigenous per zone
low impact, minimal machinery
100 infigenous = 100 pounds a day,
= 10,000 lbs high grade ( 30% ) con
10,000 lbs x 5 zones
22 tonnes day x 30 days
= 660 tonne 30% grade - month
x $4800/tonne
= $3,168,000 usd month
x 12 months
= 38/ mil usd - triad
This is what i would do.
Less costs
No mine build
Just simple generator ( people power ) mining
100/ lbs might be conservative.
Worker might produce 200-300 ( lbs ) day....
remember this is copper ore, not gold ore.
If one doubles this to 200 lbs day...
figures could rise to,
$76/ mil / yr
One would have to be well organized.
Always on the copper.
Vantage ?
Max + Colombian Geo's have found how many
high grade copper locations ?
Numerous, at surface.
Cheers....
Explore more and dilute shares, miss copper market ?
Or.... revamp model ?