When the assays do arrive, are we expecting any other metals in the sedimentary copper system to appear like what is found in the African, Kamoa Kakula sedimentary-hosted copper complex system? eg. Copper, Cobalt, Gold, Silver, Lead, Molybdenum and Zinc.
Has the metal credits associated with these other metals been accounted for in the project economics / upside?
The Kamoa Kakula sedimentary-hosted copper system is located in the DRC, and it is one of the largest copper discoveries in the world in the last few decades. The system is estimated to contain over 10 billion pounds of copper, making it a major economic resource for the DRC.The valuable elements that exist in the Kamoa Kakula sedimentary-hosted copper system include:
Copper: The system is primarily a copper deposit, and it contains over 10 billion pounds of copper.
Cobalt: The system also contains significant amounts of cobalt, with over 600 million pounds of cobalt. Cobalt is a valuable metal that is used in a variety of applications, including batteries and magnets.
Molybdenum: The system also contains molybdenum, with over 100 million pounds of molybdenum. Molybdenum is a valuable metal that is used in a variety of applications, including steelmaking and electronics.
Gold: The system also contains gold, with over 1 million ounces of gold. Gold is a valuable metal that is used in a variety of applications, including jewelry and electronics.
The Kamoa Kakula sedimentary-hosted copper system is a major economic resource for the DRC, and it is expected to play a significant role in the country's economic development.
The system is currently being developed by Ivanhoe Mines, and it is expected to start production in 2024.In addition to the valuable elements listed above, the Kamoa Kakula sedimentary-hosted copper system also contains other metals, such as silver, zinc, and lead.
These metals are not as abundant as copper, cobalt, molybdenum, and gold, but they still contribute to the value of the system.
The Kamoa Kakula sedimentary-hosted copper system is a significant economic resource for the DRC, and it is expected to play a major role in the country's economic development. The system is currently being developed, and it is expected to start production in 2024.
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