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State: 17.08.2024 | 11PM
Thu, 31.10.2024       Hot Chili

 PERTH, Australia, Oct. 31, 2024 /PRNewswire/ -

Highlights

Costa Fuego Copper-Gold Project Pre-Feasibility Study Progresses

All Costa Fuego Pre-feasibility Study (PFS) workstreams planned for completion in late 2024Completion of hydrogeological drilling at the planned Tailings Storage Facility (TSF), as well as additional seawater and freshwater flotation trade-off test work has re-confirmed that optimal processing for Costa Fuego will be achieved using raw seawaterMetallurgical workstreams indicate potential improvements for both molybdenum flotation and copper oxide leach recoveries when compared to the 2023 Preliminary Economic Assessment (PEA)Concentrate market studies confirm a reduction of long-term treatment costs (TC) and refining charges (RC) assumptions, when compared to the 2023 PEAImprovement in long-term consensus commodity price forecasts for all potentially payable metals (copper, gold, molybdenum and silver), when compared to the 2023 PEA

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