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Recommendations

MPH’s recommendations for the development of the Kakanda Copper-Cobalt Properties encompass three main sets of exploration/development objectives:

  • Update the Kakanda tailings project to full feasibility study status by upgrading the measured + indicated resources to include tailings deposited since the 1997 Bateman feasibility study and by the application of current revenue/cost factors to the previous study parameters.
  • Upgrade the North Pit resources to measured + indicated status, and complete all relevant investigations required to determine the economic viability of the bedrock resources to at least pre-feasibility study level.
  • Investigate the various options and strategies for developing efficient mining/processing operations with the combined tailings and bedrock resources.

A budget of approximately US$ 4.0 million has been estimated to complete the detailed work on the Kakanda tailings and bedrock deposits. 

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