CuDeco advised that an updated Resource Estimate reported according to the JORC Code 2012 guidelines, has been completed. The primary focus of the resource update is to upgrade the current 30Mt copper, cobalt, gold and magnetite resource that will sustain mining operations at Rocklands at a production rate of 3Mt per annum: Measured and Indicated Resource (open pitable) of 30Mt @ 1.90% CuEq (1.3 billion pounds CuEq - using 0.80% CuCoAu cut-off). The secondary focus was to define resources with sufficient confidence that support studies into a planned Stage-2 expanded operation, producing up to 10Mt per annum: Measured and Indicated Resource (open pitable) 181Mt @ 0.8% CuEq (3.3 billion pounds CuEq). Updated Resource 2013
Its all there.
cheers.
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