re: *** 9 million ounces of gold *** From the last quarterly the inferred resource of the Western porphyries was 729 million tonnes copper at 0.64% and 0.39g/t gold.
Throw in the copper with near surface intersections of over 100 metres at above 1% copper and you have a very viable huge resource.
Their "Starter" project with over 126 million tonnes at 0.7% copper and no gold is anticipated to have a cost of around $US 50 cents per pound. That will be confirmed in the BFS due by the middle of this year.
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tethyan copper company limited
*** $25 billion resources ***, page-21
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