Exciting times ahead in the mining industry as copper and gold continue to attract attention!
With Panoro Minerals Ltd. (TSXV: PML) upgrading and expanding their flagship Cotabambas project in Peru, there's a buzz of anticipation. The updated resource estimate reveals a substantial increase in copper, gold, silver, and molybdenum reserves, with a notable boost in indicated resources showcasing growing confidence.
Notably, the shift towards a lower waste-to-ore ratio signals potential for improved operational efficiency, potentially leading to lower operating expenses. Moreover, the incorporation of a high-grade starter pit strategy indicates a pragmatic approach towards maximizing early-stage production while managing capital expenditure effectively.
With the project's continued exploration potential in multiple directions and at depth, Panoro Minerals is looking forward to great developments.
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