Taysan Copper-Gold Project
The Taysan Project is located on the south western segment of the island of Luzon in the well-developed industrial province of Batangas, 100km south of Manila. The Project comprises 11,254 hectares of exploration tenements containing a large copper-gold porphyry deposit (the "Taysan Deposit") similar to other copper-gold porphyry deposits previously mined in the Philippines.
Project Summary
Resources at 0.1% Cu cut-off: 156 Mt Measured, 303 Mt Indicated and 509 Mt Inferred
Expected Mine Life: 24 years
Estimated Recovered Metal LOM: 1.9Blb Cu , 0.8Moz Au, 5.6Moz Ag, 11.4Mt Magnetite
Average Annual Payable Production: 76Mlbs Cu, 30Koz Au, 93Koz Ag, 0.5Mt Magnetite
Estimated Initial Capital Costs: US$521 million
NPV at 10% after tax: US$512 million
IRR after tax: 30.4%
*Figures based on prefeasibility study which uses Indicated and Inferred resources and assumes prices of $3/lb Cu, $1,000/oz Au, $26/oz Ag and $100/t magnetite. See Disclaimer page.
Project Summary
Resources at 0.1% Cu cut-off: 156 Mt Measured, 303 Mt Indicated and 509 Mt Inferred
Expected Mine Life: 24 years
Estimated Recovered Metal LOM: 1.9Blb Cu , 0.8Moz Au, 5.6Moz Ag, 11.4Mt Magnetite
Average Annual Payable Production: 76Mlbs Cu, 30Koz Au, 93Koz Ag, 0.5Mt Magnetite
Estimated Initial Capital Costs: US$521 million
NPV at 10% after tax: US$512 million
IRR after tax: 30.4%
*Figures based on prefeasibility study which uses Indicated and Inferred resources and assumes prices of $3/lb Cu, $1,000/oz Au, $26/oz Ag and $100/t magnetite. See Disclaimer page.