World Copper Ltd V.WCU

Alternate Symbol(s): WCUFF

Metals & Mining Copper

World Copper Ltd. is a Canada-based exploration stage junior mining company, which is engaged in the identification, acquisition and exploration of mineral resources in Chile and the United States. The Company has one operating segment, being the mineral resource industry with its exploration and evaluation assets in the United States and Chile. It is focused on the exploration and development of its copper porphyry projects: Escalones and Cristal in Chile, and Zonia in Arizona. The Escalones Project is a copper porphyry project comprising oxidized copper mineralization, and is located southeast of Santiago, Chile. The Cristal project is easily accessed from Arica to the west, or via highway 135 from the north or south. The project is located close to the port city of Arica, the Cristal Copper Project is situated in northernmost Chile, adjacent to the Peruvian border. The Zonia property is in the southern part of the Basin and Range Transition province of the North American Cordillera.

TSXV:WCU - Post by User

World Copper Ltd > PEA is out !! here are the highlights...

<< Previous

Bullboard Posts

Next >>

Post by KozmoTon Mar 22, 2022 2:06pm

234 Views

Post# 34535164

PEA is out !! here are the highlights...

Highlights of the PEA

$1,499.6 million post-tax NPV8 at $3.60 /lb. life-of-mine ("LOM") (20-years) copper price
$1,822.4 million post-tax NPV8 at US$4.00 /lb. LOM copper price
First 5-years average annual Copper production of 124.7 Mlbs. (56,520 tonnes); LOM average 114.9 Mlbs. (52,131 tonnes)
First 5-years average C1 (Cash Operating) costs of $1.13 /lb. Cu; LOM average C1 costs $1.19 /lb. Cu
First 5-years average annual EBITDA $290.8 million; LOM average annual EBITDA $265.1 million
Initial Capital (CAPEX) cost of $438.4 million (from construction decision)
LOM Sustaining Capital of $192.5 million
Conventional heap leach, SX-EW processing facilities, targeting 50,000 tonnes of heap leach tonnes placed per day