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Formation Metals Inc.
Summary
| Project: | Idaho Cobalt | |
|---|---|---|
| Deposit: | Idaho Cobalt | |
| Location: | United States | |
| Commodities: | Cobalt-Copper-Gold | |
| Date: | 4/22/2015 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Pre-Feasibility study | |
| Report details: | 22-4-2015: Formation Metals Inc. announces a PEA report for its Idaho Cobalt deposit at the Idaho Cobalt project. Post tax NPV(8.5%) US$113M, IRR 24.1%, initial capital of $142.95M, LOM 12.5 yrs., payback 3.7 yrs.. refer to Full Report tab | |
| Resources: | (Resource, Meas. + Ind.): 3.48Mt @ 0.55% Co, 0.75% Cu, 0.017g/t Au | |
| CP/QP: | [Resources]: Neil Prenn (Mine Development Associates) | |
| ABSTRACT: | refer to Full Report tab | |
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.
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