Ann: EVG Updates Results from San Gerardo Ecuador, page-8

re: Ann: EVG Updates Results from San Gerardo... Bodgy/JID,

many thanks for the response.

I was having a flick through a few Mongolian presentations for some HAR research and came across this one on Oyu Tolgoi.

It outlined the mean reserve and resource grades of Cu worldwide. Note, 40% are sitting on the West coast of South America!

The other thing to take away was the substantial position that Peru has in terms of World Copper.

...how far is San Gerado from Peru :)

So as a loose indicator on economic grades, we are hunting around the 0.5% mark with the variability being made up in extraction technique, accessibility, labour etc

Cheers,

SF




http://www.riotinto.com/documents/Discover_Mongolia_Presentation_8_Sept_2011.pdf