re: Ann: Sandfire Delivers DeGrussa Definitiv... Some information from the Definitive Feasability Statement (DFS) report that I found interesting.Note this only a fraction of the information that is in the report.
Life of mine (LOM) extraction of a total 10.72 million tonne of material grading 5.1% copper, 1.79 grams per tonne gold, for 541,000 tonnes contained copper, and 599,000 ounces contained gold, to give 480,000 tonnes payable copper metal, and 270,000 ounces payable gold.
Other comments:
Metallurgical recovery 91%
LOM Project Revenue $4.2 billion
LOM Internal Rate of Return (IRR) 108%
LOM C1 Cash operating cost US$1.02/lb (when
by-product credits
included)
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