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RESERVOIR MINERALS INC V.RMC

"Reservoir Minerals Inc is engaged in the acquisition, exploration and development of mineral properties in Serbia, Cameroon, Gabon, Macedonia and Romania."


TSXV:RMC - Post by User

Post by thorgb1on Aug 05, 2015 11:31pm
159 Views
Post# 23993121

From Pravda.....

From Pravda.....

Bad translation courtesy of Google, but good to see the international exposure.....


In the east 
of Serbia , near the small town of Bor, the American mining company «Freeport-McMoRan» with the assistance of Canadian partners from the «Reservoir Minerals» literally ran into record deposits of gold and copper.

Natural treasures are at a depth of 560 meters and containing 50.3 grams of gold, and 25.7% copper per ton of ore. Until that moment, the largest such deposits was considered Hollister mine in the United States , where the content of gold is a little more than 27 grams.

The cost of the Serbian "cornucopia" according to preliminary estimates - 18 billion. Dollars. At the same time, experts note that this figure is a result of further research can grow. The fact that the copper deposit is considered to be profitable, if the methane content of 1 ton of ore is 1%, while in the Serbian Bora, this figure exceeds 25%.

Guide «Freeport-McMoRan» to celebrate quickly increased financing of the project by as much as 5 million. Dollars and sent the Serbian office of his company almost entirely to local authorities for approval of details of further development of the field.

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