RE: News99921 I'm sure you will find it exciting if you find todays metal prices and multiply them with the indicated and inferred tonnes. You may need a 12 digit calculator. They used some very conservative prices. Have fun !!
*All resources quoted at 0.25% CuEq cut-off
**CuEq calculated using the following metal prices: Cu US$1.20/lb, Mo US$8/lb, Au US$450/oz, Ag US$7/oz
These resources were estimated by ordinary kriging methods from 37 drill holes located within a mineralized envelope designed by SRK.
Table 2: Contained Metal Amounts Calculated from Resource Estimates:
Resource Category Tonnes Grade Contained Metal
Indicated 6,000,000 0.214% Cu 28,300,000 lbs Cu
6,000,000 0.006% Mo 780,000 lbs Mo
6,000,000 0.20 g/tonne Au 39,000 oz Au
6,000,000 0.98 g/tonne Ag 189,000 oz Ag
Inferred 141,000,000 0.234% Cu 727,600,000 lbs Cu
141,000,000 0.009% Mo 27,900,000 lbs Mo
141,000,000 0.23 g/tonne Au 1,040,000 oz Au
141,000,000 0.94 g/tonne Ag 4,260,000 oz Ag