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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.


TSX:ESM - Post by User

Bullboard Posts
Comment by urai58on Apr 17, 2019 12:05pm
52 Views
Post# 29638469

RE:RE:Rating Rovina with AISC / Gross Margin and AuEq

RE:RE:Rating Rovina with AISC / Gross Margin and AuEq
CeFaci wrote:
@ urai58, be fair and calculate Rovina's copper too into your calculations.....


@CeFaci:
I'm so polite now and explain it to you: Please note, the AISC $ 752 is net of copper. This means that the sales value of copper has already been included and deducted from the AISC. With 139,000 AuEq, the AISC would be correspondingly higher. You can read this at SEDAR in the technical report at the Opereting Cost. AISC $ 752 for 108,000 ounces are correct.
 
urai58
Bullboard Posts