The 2005 Bankable Feasibility Study concluded that White Range is technically feasible and can be economically developed. Since then the copper price more than doubled.The increase in the commodity price more than compensates for increases in key input costs such as fuel, power,labour and consumables, and in upfront capital costs such as steel, initial design engineering and construction costs, making the project in our view more robust.
Due to low commodity prices at the time, the original BFS did NOT attribute ANY revenue from cobalt and gold content within JORC Resources.
(Under revision)
Contained Gold 202'000 ounces.
Contained Cobalt 23.9 M lbs.
Contained Copper 247.300
The 2005 Bankable Feasibility Study concluded that White Range...
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