logo-loader

ECR Minerals says copper flat feasibility study filed

Last updated: 01:48 22 Nov 2013 EST, First published: 02:48 22 Nov 2013 EST

no_picture_pai

ECR Minerals (LON:ECR) said THEMAC Resources (CVE:MAC), the Toronto listed mine developer in which it has a 15% stake, has filed the technical study for the Copper Flat project in New Mexico.

First published on October 7, the NI-43-101 report reveals the copper, molybdenum, gold and silver deposit is economically viable.

Net present values (calculated at an 8% discount rate) range from US$118mln to US$253mln based on the analysis provided, with a base case of US$187mln. The capital costs of developing Copper Flat are put at US$62.5mln.

ARway.ai announces multiple new SaaS developer contracts in both the United...

ARway.ai (CSE:ARWY, OTCQB:ARWYF) Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to announce multiple new SaaS developer sign-ups for its augmented reality experience platform, focusing on AR indoor navigation. These partnerships represent significant milestones in...

56 minutes ago