For thousands of other reports visit RSC's Mineral Intellingence Map
Bezant Resources Plc
Summary
| Project: | Choco | |
|---|---|---|
| Deposit: | Choco | |
| Location: | Colombia | |
| Commodities: | Gold-Platinum | |
| Date: | 3/8/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Scoping Study | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-3-2017: Bezant Resources Plc announces a Scoping Study report for its Choco deposit at the Choco project. Scoping study results incl. post-tax NPV of $2.8M, IRR of 32%, LOM of 5 years. Bezant (AIM: BZT), the AIM quoted mineral exploration and developmen | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bernard Oliver (Internal) | |
| ABSTRACT: | Bezant (AIM: BZT), the AIM quoted mineral exploration and development company, announces that, further to its announcement of 24 January 2017, it has received from INGEX Grupo Minero SAS ("INGEX") their scoping study on the cost estimates and financial model for the Company's Choco alluvial gold-platinum project in Western Colombia (the "ChocoProject"). Commenting today, Ed Nealon, Chairman of Bezant, said: "The scoping study, with its sensitised cost analysis and financial model, confirms the low-cost platinum and gold potential for the Choco Project via a staged development approach. I believe that through this staged approach Bezant can become a significant platinum and gold producer. The estimated 5-year average production costs of approximately US$700 per ounce for both platinum and gold produced, was better than anticipated and we believe represents some of the lowest platinum production costs in the world. The study only modelled stage 1 of the project, being a single plant operation and the planned staged addition of other plants will greatly enhance our production profile." | |
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