Post by
KaeKam44 on Dec 17, 2014 8:35pm
MORE INFO FOR NEWCOMERS TO THIS BOARD
Kapulo Mineral Reserves confidence upgraded; 86% now in Proven category Mineral Reserves of 3.942Mt @ 3.65% Cu Mineral Reserves support a 6.3 year mine life with approximately 122,000 tonnes total recovered Cu in concentrate Average annual production of 19,400 tonnes of Cu in concentrate NPV10% US$156 million @ Cu price of US$7,100/tonne (after tax, excluding construction costs) Life of Mine C1 cash costs US1.92/lb Kapulo plant commissioning underway First copper in concentrate production expected in Q1 2015 Read more at https://www.stockhouse.com/news/press-releases/2014/12/03/mawson-west-kapulo-mineral-reserves-update#SZ3SqkrO1mtLsIKZ.99