CSE copper strike limited

1350 gpt silver 13 per cent copper 9 pc lead, page-3

  1. 13,252 Posts.
    Rufusking hi mate always willing to help, this extract was taken from shaw stock broking report nov 2007 and gives the type of mining methodology

    Mining Methodology
    CSE plan to adopt the methodology of using a centralised treatment
    facility to truck ores in from nearby discrete mines. The concept has been
    used successfully by Queensland base metal producer Kagara Zinc
    (KZL).
    The current plan involves establishing an underground mine to produce
    high grade ore feed (4% Cu) from the Einasleigh deposit at a rate of
    100ktpa, supplemented by the lead/zinc deposit of Jackson, followed by
    Chloe at a rate of 400ktpa.
    Total production of 500ktpa could generate up to 8kt of Cu, 25ktZn and
    8ktPb in concentrates from 2010. Mining studies are presently underway,
    with the view to completing the feasibility study by Mid-2008.
    Based on our brief assessment and discussions with the company, the
    project could have an NPV in excess of A$100m, assuming the majority of
    Chloe resources are convertible to reserves and some expansion of the
    present resource base occurrs.
    Also interesting is the latest brr with the MD Tom eadie Also worth noting after 2 years another 500kpt mill is planned so to have a copper circuit and zinc lead circuit any more questions just ask
 
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