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Deep-South Resources Inc.
Summary
| Project: | Haib Copper Porphyry | |
|---|---|---|
| Deposit: | Haib Copper Porphyry | |
| Location: | Namibia | |
| Commodities: | Copper-Molybdenum | |
| Date: | 5/28/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-5-2020: Deep-South Resources Inc. announces a PEA report for its Haib Copper Porphyry deposit at the Haib Copper Porphyry project. Updated PEA results incl. post-tax NPV (7.5%) of US$611 & IRR of 22.7%. METS Engineering has carried out a Preliminary Ec | |
| Resources: | (Resources, M+I): 611.9Mt @ 0.26% Cu, 48ppm Mo | |
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | METS Engineering has carried out a Preliminary Economic Assessment (PEA) Update of the Haib Project located in Southern Namibia. The PEA update was carried out to incorporate the results from the Mintek testwork program (2019/2020) and is based on the PEA report completed by METS in February, 2018.This report presents the findings of the PEA update undertaken for the proposed development of the Haib Project, with a view that aims to maximise the positive aspects of the project and to minimise or manage any negative implications and risks. It is focussed only on the whole ore heap leaching process route. 1.2 Location The Haib copper deposit is in the extreme south of Namibia close to the border with South Africa, which is defined by the course of the Orange River (Figure 1-1). The deposit lies some 12-15 kilometres east of the main tarred interstate highway connecting South Africa and Namibia and the nearest railway station is at Grunau, which is approximately 120km north on the main highway | |
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