Stock Exchange Listing: ASX:CVV

Commodity:  Copper

Market Cap: A$5m

Stage of Production: Developer

Plans & Latest Developments:

Rapidly advancing the flagship project, Calingiri Copper-Molybdenum Project in W.A. A large resource (April 2016): Maiden JORC Mineral Resource estimate released, 1.4Mt Cu. Scoping Study released in June 2016 that confirmed potential as a low-cost mid-tier producer with low Capex and robust economics. The plant throughput will be 15 Mtpa (21 Yrs), ore treated 310mt with recoveries 92% and a strip ratio <1:1. An ideal location, close to Perth with infrastructure in place and a local workforce.

Board of Directors:

  • Marcel Hilmer
  • Peter Alexander
  • James Harris

Major shareholders:

  • Chun and Choy
  • Copulos Group
  • First Quantum Minerals (27.4%)

Why should investors invest in you?

Seeking an investment partner to initially fund Calingiri to expand resources / grade and progress from the present Scoping Study to a DFS within the next 18 months. Suitable facilities to fund construction of the mine and plant, will be considered thereafter

 

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