Currently SARCO has 130million ton of JORC indicated resource1 of high quality gibbsitic bauxite. Based on the extensive drilling by Sinomine since March 2010 we are confident of a substantial new Mineral Resource. This will further strengthen SARCO?s resolve to build a 600,000ton plus annual capacity alumina refinery
Seems strange but that gives 217 years production LOL
Seems wrong - who would want to rpoduce for 217 years ??
VAN Price at posting:
5.2¢ Sentiment: None Disclosure: Held