Historical Trends: Examination of past copper hits at successful mines, particularly those with characteristics similar to the Picha Copper Project, indicates a potential for the development of a sizable Volcanogenic Massive Sulphide (VMS) deposit.
Mining Type and Size: Trends suggest that high-grade mineralization, as seen in the early results, could lead to the establishment of a combination of small-scale underground mining and open-pit strategies, mirroring successful VMS mines. The polymetallic nature, coupled with significant copper grades, could position the deposit as a medium to large-scale operation.
Monetary Value and Life of the Mine: Based on historical copper prices and deposit sizes, the early promising results at Picha, with grades surpassing 2% Cu, suggest the potential for a deposit valued in the range to hundreds of millions of dollars. The economic viability, coupled with the polymetallic nature and ongoing exploration, may contribute to a significant mine life, potentially spanning decades, adding further value to the project.
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9.2¢ |
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Mkt cap ! $34.96M |
Open | High | Low | Value | Volume |
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2 | 75555 | 9.0¢ |
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No. | Vol. | Price($) |
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1 | 5761 | 0.088 |
1 | 6092 | 0.087 |
2 | 16844 | 0.083 |
2 | 38585 | 0.082 |
Price($) | Vol. | No. |
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0.094 | 50000 | 1 |
0.098 | 53778 | 1 |
0.100 | 6579 | 1 |
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0.125 | 34482 | 1 |
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