Copper a Stronger AUS Export Than Gold, Silver, Iron Soon: Possibility?, page-5

@vfhnbhjvhggh

"My focus is on undeveloped Australian copper-gold projects that have JORC Ore Reserves and a PFS or Feasibility Study"

	Column 1	Column 2	Column 3	Column 4
1
2
3
4	JORC ORE RESERVES [BASED ON PUBLISHED PFS/TECHNICAL REPORTS]
5
6	Kalkaroo (Ore Reserves based)
7		Copper	Gold
8	ounces		1,407,000
9	tonnes	474,000
10	lb to tonne conversion	2204.62
11	lbs	1,044,989,880
12	US$/lb	3.04
13	US$/oz		1,362
14		USD 3,176,769,235	USD 1,916,334,000	USD 5,093,103,235
15
16
17	EVA (Ore Reserves based)
18		Copper	Gold
19	ounces		260,000
20	lbs	1,718,000,000
21	US$/lb	3.04
22	US$/oz		1,362
23		USD 5,222,720,000	USD 354,120,000	USD 5,576,840,000
24
25
26	Hillside (Ore Reserves based)
27		Copper	Gold
28	ounces		431,504
29	tonnes	509,262
30	lb to tonne conversion	2204.62
31	lbs	1,122,729,190
32	US$/lb	3.04
33	US$/oz		1,362
34		USD 3,413,096,739	USD 587,708,448	USD 4,000,805,187

Metal prices used above were based on Eva Copper Feasibility Study NI 43-101 Technical Report dated 7 May 2020:

Copper long-term price US$3.04/lb
Gold long-term price US$1,362/oz

Kalkaroo is Australia's largest undeveloped open pit copper-gold deposit (on a CuEq Ore Reserve basis).

It should be noted the Ore Reserve for the Eva Project includes the mining of seven separate open pits including the Little Eva pit and haulage to a central processing plant.

Kalkaroo is just one single continuous open pit deposit, whereas Eva is seven separate and geographically separated deposits.

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.