For thousands of other reports visit RSC's Mineral Intellingence Map
Adventus Zinc Corp.
Summary
| Project: | Curipamba | |
|---|---|---|
| Deposit: | El Domo | |
| Location: | Ecuador | |
| Commodities: | Copper-Zinc-Lead-Gold-Silver | |
| Date: | 5/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-5-2019: Adventus Zinc Corp. announces a PEA report for its El Domo deposit at the Curipamba project. JV - PEA results incl. post-tax NPV of US $288M (8%), IRR of 40%, updated mineral resource. President and CEO of Adventus, Christian Kargl-Simard stated | |
| Resources: | (Resource, M+I): 8.9Mt @ 2.0% Cu, 0.28% Pb, 2.93% Zn, 2.56g/t Au, 51g/t Ag | |
| CP/QP: | [Resources]: David Ross (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | President and CEO of Adventus, Christian Kargl-Simard stated: "The positive results of the independent PEA support the significance of the El Domo deposit within the Curipamba project. El Domo’s attractive economics compare well with other copper development projects globally across valuation metrics, including cash cost, IRR and capital cost. In particular, the potential free cashflows from El Domo over the first 6 years of mine life offer compelling returns when compared with larger and more capital-intensive projects. Adventus plans to continue engineering and project development activities to further advance El Domo towards a future construction decision. In parallel, our exploration team has commenced an airborne geophysical survey over the 21,500-hectare Curipamba project for the first time and expect to actively evaluate and drill new targets in 2019. We would like to thank our partner Salazar Resources Limited, as well as the team of independent consultants who have been instrumental in our progress on El Domo and the Curipamba project to date." | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report