Exploration, Resources and Reserves
The Kutcho Project contains a mineral reserve estimate of 10.4 million tonnes with an average grade of 2.01% copper, 3.19% zinc with an expected mine life of 12 years and an average throughput of 2,500 tonnes per day producing separate copper and zinc concentrates.
Additional information can be obtained in this new release.
With the 2011 PFS in hand, Kutcho Copper Corp. is proceeding towards submission of an Environmental Assessment Certificate (EAC) Application, currently anticipated at the end of Q2/12 and also commencing discussions with First Nations and other stakeholders. Detailed engineering could also continue in order to enhance project economics and further mitigate risk. Should the permit process, First Nations discussions and detailed engineering attain corporate objectives in a timely fashion, it is feasible that a production decision could be made in Q4/12 and assuming a positive decision this could enable construction to commence in the second half of 2013.