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China Molybdenum Company Ltd.
Summary
| Project: | Tenke Fungurume | |
|---|---|---|
| Deposit: | Tenke Fungurume | |
| Location: | Congo, Democratic Republic Of The | |
| Commodities: | Copper-Cobalt | |
| Date: | 9/8/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 8-9-2016: China Molybdenum Company Ltd. announces a Resource Estimation report for its Tenke Fungurume deposit at the Tenke Fungurume project. Updated mineral resources and ore reserves for recently acquired project. Runge, Inc. dba RungePincockMinarco (“ | |
| Resources: | (Reserve, P+P): 183.1Mt @ 2.6% Cu, 0.31% Co at project total | |
| CP/QP: | [Resources]: Esteban Acuna (RungePincockMinarco Ltd.) | |
| ABSTRACT: | Runge, Inc. dba RungePincockMinarco (“RPM”) has been engaged by CMOC Mining Pty. Ltd. on behalf of China Molybdenum Company Limited (HK:3993) jointly referred to as (“CMOC” or “the Clients”) to undertake an Independent Technical Review (“ITR”) and compile a Competent Person Report (“CPR” or the “Report”) (as defined by under Chapter 18 of the Rules Governing the Listing Rules of the Stock Exchange of Hong Kong (the “Listing Rules”) on the Tenke Fungurume Project ( “the Company” or the “Project”). The Project is currently owned (56%) and operated by Freeport-McMorRan. (the “Freeport” or the “Company”) and is a world class operating copper and cobalt mine located in the Haut-Katanga Province of the Democratic Republic of Congo, Africa. | |
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