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Bullboard - Stock Discussion Forum Pacific Empire Minerals Corp V.PEMC

Alternate Symbol(s):  PEMSF

Pacific Empire Minerals Corp. is a Canada-based copper exploration company. The Company's principal business activities are the acquisition and exploration of mineral exploration properties, with a focus in British Columbia, Canada. Its flagship projects include Pinnacle and Trident. Pinnacle Project covers 15,478 hectares and is located approximately 50 km to the west of Centerra Gold's Mt... see more

TSXV:PEMC - Post Discussion

Pacific Empire Minerals Corp > MOUNT MILLIGAN ( nearby peer )
View:
Post by Wangotango67 on Apr 20, 2023 5:09pm

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
149,975 0.22 736


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...
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