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Adriana Resources Inc.
Summary
| Project: | Lac Otelnuk | |
|---|---|---|
| Deposit: | Lac Otelnuk | |
| Location: | Canada | |
| Commodities: | Iron | |
| Date: | 4/22/2015 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Mine Development | |
| Report details: | 22-4-2015: Adriana Resources Inc. announces a Feasibility Study report for its Lac Otelnuk deposit at the Lac Otelnuk project. After tax NPV US$5.24B, IRR 13.0%, initial capital US$9.3B, payback 7.0 yrs., 30 yr. LOM.. refer to Full Report tab | |
| Resources: | 4,993 Mt @ 28.7% Fe (head), 26.5% DTWR & 18.3% magnetic Fe, Proven + Probable Reserves. | |
| CP/QP: | [Resources]: Michael W. Kociumbas (Watts, Griffis & McOuat Ltd.) | |
| ABSTRACT: | refer to Full Report tab | |
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