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Cordoba raises $11.8m for Alacran PFS

CryptoGuru by CryptoGuru
September 27, 2021
Cordoba raises $11.8m for Alacran PFS
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The Alacran deposit is a part of the San Matias growth. The undertaking additionally hosts three satellite tv for pc deposits (Montiel West, Montiel East and Costa Azul).

Taken collectively, the 4 deposits have an indicated useful resource of 114.3 million tonnes grading 0.45% copper, 0.26 g/t gold and a couple of.42 g/t silver (0.64% copper-equivalent). The inferred useful resource is 4.8 million tonnes grading 0.26% copper, 0.2 g/t gold and 1.21 g/t silver (0.39% copper-equivalent).

In response to the 2019 preliminary financial evaluation, an open pit mining plan with standard, drill, blast, shovel loader, and truck haulage is deliberate. The concentrator design has a main crusher, SABC circuit, rougher flotation, two levels of cleaners and a scavenger circuit plus a pyrite flotation circuit.

Tailings can be saved within the Concepcion Creek Valley to the west of the Alacran pit beneath a everlasting water cowl. Preliminary capital prices for an 8,000-t/d operation could be C$161 million ($127.6m).

(This text first appeared within the Canadian Mining Journal)

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