TAR 0.00% 1.0¢ taruga minerals limited

Ann: ACQUISITION OF HIGH GRADE COBALT-COPPER PROJECTS IN THE DRC, page-267

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  1. 3,403 Posts.
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    Is this the technical report you refer to?
    https://web.archive.org/web/2012042...nal/reop2006/technicalreport/techreport10.pdf

    The mining license areas range from 0.8km2 to 11.0km2. By way of example the T17 Open Pit is 1.7km2 and has indicated resource 11.7 mt @ 0.67% Co for 78,390 t contained Co. That's huge.

    Unless I am reading it wrongly, I think while 250,000 tonnes (to trigger the US$20million payment) is high,it is quite possible. In fact this technical report kind of gels with the TAR announcement in terms of ballpark expectations.
 
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