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3.41
Mineral Resources and Mineral Reserves are as defined by CIM definition Standards on Mineral Resources and Mineral Reserves 2014.
Mineral Resources and Mineral Reserves are estimated as of September 30
th 2020.
Mineral Reserves are reported using an NSR breakeven cut-off value of US$104.44/t (cost basis October 2019 to September 2020) for the Zeus body.
Mineral Resources are reported based on an NSR cut-off grade of US$54.39/t (cost basis October 2019 through September 2020),
Metal prices used were US$1,543.13/troy ounce Au and US$ 3.01/t Cu.
Metallurgical recoveries are based in the historical recovery (El Roble process plant results October 2019 through September 2020): Au is 57.94% and Cu is 92.13%.
Atico Mining Corporation: Atico Updates Mineral Reserves and Resources for the El Roble Mine in Colombia
th, 2020 for the El Roble Mine located in Colombia. Our infill and mine vicinity exploration drilling at El Roble mine has partially replenished some of the mined resources since the previous reserve and resource update in 2018. The updated reserve report shows the operations ability to continue delivering robust cashflow for the Company in the years to come, especially in the current metal price environment, said Fernando E. Ganoza, CEO. We will continue looking for opportunities to further extend the life of mine at El Roble while also aggressively drilling for additional massive sulphide deposits on the contiguous 6,300 hectare land package we control.
3.41
Mineral Resources and Mineral Reserves are as defined by CIM definition Standards on Mineral Resources and Mineral Reserves 2014.
Mineral Resources and Mineral Reserves are estimated as of September 30
th 2020.
Mineral Reserves are reported using an NSR breakeven cut-off value of US$104.44/t (cost basis October 2019 to September 2020) for the Zeus body.
Mineral Resources are reported based on an NSR cut-off grade of US$54.39/t (cost basis October 2019 through September 2020),
Metal prices used were US$1,543.13/troy ounce Au and US$ 3.01/t Cu.
Metallurgical recoveries are based in the historical recovery (El Roble process plant results October 2019 through September 2020): Au is 57.94% and Cu is 92.13%.