SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : TIOMIN brightens your teeth as it whitens your paint
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fred J Bealle who wrote (2)3/17/1997 6:19:00 PM
From: Lloyd McGregor   of 62
 
Here is todays News Release for TIO.
Any body else watching this stock? Sure is quite on here.

Cerro Colorado full feasibility study proceeding

Tiomin Resources Inc
TIO
Shares issued 34200000
1997-03-14 close $4.2
Monday Mar 17 1997
News Release
Mr J.C. Potvin reports
The prefeasibility study on the Cerro Colorado copper project in
Panama has been completed and Tiomin is now proceeding with
the full feasibility study. The feasibility study for this open-pittable
ore body will address both the SX-EW (heap-leaching) operation
and the conventional milling operation.
In accordance with the terms of the contract to develop Cerro
Colorado, Tiomin presented the government of Panama with a
US$3 million progress payment on March 15 1997. Cerro
Colorado is widely recognized as the twelfth largest porphyry
copper deposit in the world today with a resource base estimated to
contain over 40 billion pounds of copper.
The prefeasibility study was based on the production, using
SX-EW technology, of 50 million to 60 million pounds of cathode
copper per year at an average cash cost of $0.47 per pound. This
would be followed by a conventional milling operation which
currently contemplates production of ore at 50,000 tonnes per day,
yielding 300 million pounds of copper in concentrate annually at
an average cash cost of less than $0.30 per pound. The
comprehensive feasibility study will be completed by March 1998.
In other developments, exploration drilling on the Annic project, a
nickel/copper/cobalt joint venture with SOQUEM, is set to
commence in the week of March 24 1997. As well, a
comprehensive drilling program and a prefeasibility study are
under way on Tiomin's Kenyan titanium mineral sands project.
(c) Copyright 1997 Canjex Publishing Ltd.
canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News