Stock Exchange Listing: ASX:CVV
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
- 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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