Castillo Copper Ltd (ASX:CCZ) managing director Dennis Jensen joins Proactive to provide the outlook on a pit optimisation study for the Big One copper deposit in Queensland. The Entech Group study has delivered an A$28 million net present value and boosts confidence in the viability of a standalone mining operation, with scope to build on the early-stage findings and advance a mining licence once CCZ brings a strategic development partner on board. Big-picture, Jensen says an initially optimised pit shell at Big One could potentially deliver up to 6,266 tonnes of copper, 4,362 ounces of silver and 1,469 tonnes of cobalt.
#ProactiveInvestors #CastilloCopper #ASX #Optimisation #OpenPit
#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
source