For thousands of other reports visit RSC's Mineral Intellingence Map
INV Metals Inc.
Summary
| Project: | Loma Larga | |
|---|---|---|
| Deposit: | Loma Larga | |
| Location: | Ecuador | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 7/14/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 14-7-2016: INV Metals Inc. announces a Pre-Feasibility Study report for its Loma Larga deposit at the Loma Larga project. Updated PFS results incl. pre-tax NPV (5%) of $489.9M, IRR of 35.7%. Roscoe Postle Associates Inc. (RPA), Samuel Engineering Inc. (Sa | |
| Resources: | (Reserve, Prob.): 11.638Mt @ 4.98g/t Au, 28.00g/t Ag, 0.29% Cu at Loma Larga | |
| CP/QP: | [Resources]: Katherine M. Masun (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA), Samuel Engineering Inc. (Samuel Engineering), and Klohn Crippen Berger Ltd. (KCB) were retained by INV Metals Inc. (INV) to prepare a PreFeasibility Study (PFS or the Study) for the Loma Larga Project (the Project), located in Ecuador. The purpose of this report is to disclose the results of the PFS. This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. RPA, KCB, and Samuel Engineering carried out a site visit from February 17 to 20, 2014. INV is a Canadian company headquartered in Toronto, with exploration properties located in Ecuador and Namibia. On November 14, 2012, INV acquired 100% of the Loma Larga Project from IAMGOLD Corporation (IAMGOLD). INV is listed on the Toronto Stock Exchange under the symbol INV. The Project is located 30 km southwest of the city of Cuenca (Ecuador’s third largest city), and consists of three mining concessions covering an area of approximately 8,000 hectares (ha). The Loma Larga deposit comprises a relatively flat-lying, north-south elongated high grade core enclosed by a larger, undulating low grade halo, dipping gently to the west and south, with the top of the deposit varying from approximately 110 m to 175 m below surface. The low grade halo is approximately 1,600 m long (north-south), 120 m to 400 m wide (east-west) and averages 50 m to 60 m thick. | |
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