Faraday Copper updates mineral resource estimate for Copper Creek Cu-Mo-Ag Project
2022-07-08 14:23:39 [Print]
Canada-based Faraday Copper Corp. has announced an updated Mineral Resource Estimate ("MRE") for the Copper Creek project, located in Arizona, U.S.
Measured Mineral Resources now stand at 65.1 million tonnes at a grade of 0.61% copper, 0.011% molybdenum and 1.7 g/t silver containing 872.9 million pounds of copper, 15.7 Mlbs of molybdenum, and 3.5 million ounces of silver, or 927.3 million pounds of copper equivalent ("CuEq").
Indicated Mineral Resources amounts to 290.0 million tonnes at a grade of 0.47% copper, 0.007% molybdenum and 1.2 g/t silver, containing 3,034.2 million pounds of copper, 47.2 million pounds of molybdenum, and 11.0 million ounces of silver, or 3,199.0 million pounds of CuEq.
Measured Mineral Resources now stand at 65.1 million tonnes at a grade of 0.61% copper, 0.011% molybdenum and 1.7 g/t silver containing 872.9 million pounds of copper, 15.7 Mlbs of molybdenum, and 3.5 million ounces of silver, or 927.3 million pounds of copper equivalent ("CuEq").
Indicated Mineral Resources amounts to 290.0 million tonnes at a grade of 0.47% copper, 0.007% molybdenum and 1.2 g/t silver, containing 3,034.2 million pounds of copper, 47.2 million pounds of molybdenum, and 11.0 million ounces of silver, or 3,199.0 million pounds of CuEq.
Molybdenum Powder 99.95%min EXW China
Unit:RMB/kg
China molybdenum powder producers' inventory to production ratio statistics by province by month
Unit: %
