RE: RE: RE: RE: 2 good projectsThe presentation is light on details but from the one illustration that shows the project, it looks like they will be open pit as they will be taking the top off a mountain, and then working down the sideslope. Hopefully the downdip is in line with the trend of the slope of the mountain instead of cutting back towards the center.
This was a particularly pleasing statement from the press release "To put this new discovery in context, the resource here is already approximatelyequivalent in value, size and scale to South American Silver's more advancedMalku Khota silver-indium project, effectively doubling the Company's in-groundresources,”
A back of the napkin calculation on 4.5B lbs of copper eq assuming even just a 40% recovery rate @ $3 per lb equates to $5.4B of metal sales. Any resource expansion, improvement in recovery and/or increase in metal prices would make for a much bigger number.
eebler