CYM 8.16% 4.5¢ cyprium metals limited

Ann: Nanadie Well 180m Sulphide Ore Grade Cu Intercept from 10m, page-65

  1. 4,893 Posts.
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    Will be interesting to see what approach they take to Nifty, and how it differs from what MLX were intending. Since MLX gave up on Nifty the price of copper has improved, mining and labour costs have also gone up - not surprising its a full equivalent of a BFS because they are building a new plant which means big $$ spent and possibly a change of ore categories (more oxide from open pit) and cut-offs and the economics of the operation will change. Although there is a lot of existing info about the underground Nifty Sulphide operation and its manifest of problems a lot of the older heap leach met data will probably be too old/lost/irrelevant to a new heap leach operation.
 
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