Re: Silly comments about capex abound - Galore Capital Costs and Op-Ex
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by
posted on
Nov 14, 2011 03:09PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
For your information...Galore.
Any thoughts on Operating Costs as we would be processing more ore.......?
CAPITAL COSTS
Table 21-2: Restated Capital Cost Estimate
Mine $ 357
Plant $ 835
Tunnel $ 580
Total Direct Costs 2,470
Mine and Pre-production Costs $582 Indirect Costs $1,320 Owner’s Costs $111 Contingency $678. Total Capital $5,160
Note: Numbers may not sum due to rounding.
Table 21-4: Restated Operating Cost Estimate Area $ per tonne milled Mining 6.70 Process 5.76 Port 0.16 Corporate 1.56 Infrastructure 0.16 G&A 0.73 Total 15.07 http://www.gcmc.ca/upload/technical_reports/Galore_Creek_NI_43-101_2011_Final.pdf