NWC new world resources limited

Ann: Highly Successful Reserve Upgrade Drilling Program Completed, page-47

  1. 35,497 Posts.
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    I was not the one quoting a resource at 1% Cu eq , I was referring to cut off grade at 1% two different animals

    Want to quote figures ?
    They show vertical development of 2.8 kms in table 8.1 of the PFS for LOM .
    I am guessing the mine goes down 800 meters , (dependent on portal location in pit) so a decline would be roughly 800/0.08 = around 10,000 meters long or 10kms .
    They use a figure of 2.8kms ???? that would not even cover the distance of the main decline let alone any egress drive
    Is that one of the reasons they used $104 million as there LOM sustaining cost for mine development which seems low to me in this case ?
    I guess the DFS will clarify everything
    Last edited by plough: 10/12/24
 
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