Ann: Presentation to Copper to the World Conference, page-2

  1. 7,456 Posts.
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    Atm cod has
    2b in copper
    490m in cobalt
    124m in silver
    50m in gold
    2.6b resources.

    with resources estimate coming in shortly with
    3 to 4xs this having a resources
    7.8 to 10.4b resources plus 2.6b
    thats a nice bankable 10.4-13b resources that includes cut of grades to mine the resources. Plus we have an iocg underlay n a big extension continuing the copper belt.

    so with a resources like this, i can easy seeing us being $3 to $5 plus respectively with the iocg. If the main structure is found we could easy start pushing into the teens.

    i love how people called this a dud at over 1% while atm oz minerals is mining copper at a % of 0.5% 950mt
    At 500m depth then drops to another 500m
    Price tag to set up to mine it 980m

    so to get near 1b in ore its about
    500m length x 300m Diameter cylinder ore body

    Very interesting seeing that 0.5% being mine in Australia at 500m to 1000m block caving.

    Good things with all these mines in south Australia you can really get a head start what the best way to mine it because there couple good examples.

 
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