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Gold/Mining/Energy : Copper Fox

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To: explorationguy who wrote (8836)	12/23/2014 1:17:25 AM
From: louel	Read Replies (1) of 10654

That release is nine months old. It is simply a rechecking of previous work and an attempt to optimize the project. Standard procedure to be sure nothing was over looked and it will be as efficient as possible. Similar programs were done at Relincho and Galore. The Lornex mine was optimized in 1978 again in 2003 and a mill Opp. in 2013. The studies are designed to put & keep the operations up on the latest technology and at peak performance. Tetra Tech when producing a BFS claims an accuracy record of +- 5% Subject to mineral price variations. So if an Optimization study could change that for the better by 1.5 to 2%. Makes a heck of a difference to the bottom line.

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