MOUNT MILLIGAN ( nearby peer )Last report in post was an older - report. ( 2014 )
I was looking for - moly... have ot search older reports
to find the good stuf... wink.
Here's the current operator of -
Mount milligan. CENTERRA GOLD
Here's they're current gold and copper resource sizes.
Few tweaks since 2014 - size of resource grew a tad...
Only - Mount Milligan. ( they show other resources in tables )
2021 statistics - 149,000,000 tonnes
0.22 % copper
736 million pounds KILO TONNES Cu
LINK - https://www.centerragold.com/operations/reserve-and-resource-summary ROYALTY STREAM TIED TO MILLIGAN - https://royalgold.com/our-portfolio/principal-properties/mount-milligan/default.aspx The Mount Milligan Mine is a conventional truck-shovel open-pit copper and gold mine and concentrator with a
60,000 tpd capacity copper flotation processing plant.
Here's something interesting.
Milligans life of mine -
Total ore and waste will be mined at a rate of 54.3 Mt/a in 2023,
51.9 Mt/a in 2024 and decreasing to 19.6 Mt/a by 2032
with the last reclaim of 1.9 Mt from the stockpile in 2033 they have a deescalating mine plan.
Lessor tonnage mined near end of mine.
2033 - end of life mine.
By 2030 - they'll be in panic mode to find more...
resources.
I can't see them waiting that long... to find more resouces.
Which places... PEMC - in an
ideal closology play. Is this why.... this stock is hiding under the radar...lol
No website...
Limited news.
Playing with lands instead of building out - Jean Marie
Tease.
For what it's worth....
Good to know what another nearby peer has...
Yup....
Centerra most likely would want more - copper.
But.. .would they want - PEMC's ?
Cheers...