Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


La Verde Project, Mexico, Preliminary Economic Assessment

TSX-V: CCY

VANCOUVER, Jan. 18, 2013 /PRNewswire/ - Catalyst Copper Corp. ("Catalyst" or "the Company") announces La Verde project's NI 43-101 Technical Report; including a Preliminary Economic Assessment Study ("PEA") completed by AMC Mining Consultants (Canada) Ltd. and effective September 2012 has been filed and can be viewed on SEDAR.  The Technical Report is based in part on a preceding document entitled "Technical Report and Resource Estimate of the La Verde Copper Project, Mexico", by Margaret Harder, M.Sc., P.Geo.  and Michael F. O'Brien, M.Sc., PrSci. Nat., GSSA, FAusIMM, FSAAIMM, both Qualified Person, of Tetra Tech Inc., dated 19 September 2012.

Catalyst invites you to attend the Vancouver Resource Investment Conference, January 20th and 21st, 2013 and visit us at Booth 1027, Vancouver Convention Centre West from 10:00AM - 5:00PM to discuss the latest project results.

Summary highlights of the PEA and 20 year Life of Mine (LOM) plan include:

    Physicals
Processing rate   30 Mtpa (80,000 tpd, nominal)
LOM tonnes processed   587Mt @ 0.37%Cu, 0.03g/t Au, and 2.3g/t Ag
LOM Concentrate production   7.17Mt@ 26.7% Cu
LOM Contained Cu in Concentrate   4.22 Billion lbs
Average Annual Production in Concentrate   211Mlbs Cu, 23.8 Koz Au, and 1.63 Moz Ag
Mine Life   20 Years
     
Economics (all figures in US$)
Mining costs   Yrs 1-7 $1.17-1.20 per tonne
$1.76 per tonne mined (avg. LOM)
Processing Costs   $5.84 per tonne milled
Roasting Cost   $30.00 per tonne concentrate
G&A   $0.35 per tonne milled
Pre Production Capital   $1,160 M
Pre Tax undiscounted cash flow **   $1,625 M
Pre tax NPV@8%   **   $617 M
Pre-tax IRR **   21.2%
  • M - Millions  Mt- millions of tonnes  Mlbs-Millions of pounds  Mtpa- millions of tonnes per year

**all calculations are to a 100% interest in the La Verde project (and after deducting a 0.5% NSR royalty). The La Verde Project PEA includes analysis at various metal prices. Base case metal prices utilized for preparation of the  Mine Plan, and in the above table, were Cu-$2.70; Au $1200/ounce ("oz"); Ag - $25/oz. Financial estimates are earnings before income tax, depreciation and amortization allowances ("EBITDA") and all dollars are US$.

The PEA is preliminary in nature and includes the scheduling of Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Measured or Indicated Resources. There is no certainty that the results of the PEA will be realized. Investors are cautioned that the La Verde project is at an early stage of development and no feasibility study has yet been undertaken. Further studies are required, but not limited to, drilling, metallurgical, geotechnical and the ability of the company to acquire surface rights, adequate waste and tailings storage areas, environmental permitting and the "Social licence" from the effected local communities to explore, develop and operate the project.

T.W. Hodson, P.Geo. is the qualified person for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators, has reviewed and accepts responsibility for the information contained in this news release.

About La Verde

La Verde is located in an area with excellent infrastructure: Power, rail and water. Lazaro Cardenas, Mexico's third largest port on the Pacific Ocean is 180 km from the site. Significant upside potential remains for the two known zones of porphyry style copper, gold and silver mineralization as drill programs have shown both deposits remain open to depth and along strike.

La Verde property is subject to an option agreement with a Mexican subsidiary of Teck Resources Limited (Teck) whereby Catalyst's 100% Mexican subsidiary, Minera Hill 29, may earn a 60% interest in La Verde by making US$10,000,000 in exploration expenditures (including 30,000 meters of drilling and 200 kilometers of IP) by December 31, 2012. Catalyst has delivered notice to Teck's Mexican subsidiary that it has met its expenditure commitments.  Upon Catalyst earning its 60% interest, Teck's subsidiary has the option, by providing notice to Catalyst by March 3, 2013, to increase its interest to 60% by incurring aggregate expenditures equal to two times the amount spent by Catalyst. Should Teck fail to exercise its option to earn a 60% interest, Catalyst can acquire a 100% interest in La Verde by paying to Teck US$20 million. The property is subject to an underlying 0.5% NSR Royalty.

ON BEHALF OF THE BOARD OF DIRECTORS OF
CATALYST COPPER CORP.

"Terence W. Hodson, P.Geo."

TERENCE HODSON, V.P. EXPLORATION

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, risks associated with mineral exploration and mining activities, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Quality Assurance: The Company employs a system of quality control for drill results which includes the use of blanks, certified reference materials (standards) and check assaying. Core is logged on site and split with a diamond saw. Samples are shipped to Acme Analytical Laboratories Ltd. for analysis. All elements with the exception of gold are analyzed by Aqua Regia digestion and ICP-ES analysis. Gold is analyzed by fire assay method.

 

 

SOURCE Catalyst Copper Corp.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
Earlier, I wrote a bit about traffic and the IoT. It's a big topic. The traffic problems of the developed and developing worlds seem so large, complex, and intractable to significant change in any reasonable timeframe. Consider Mexico City. There are more than 20 million people in ...
Is it just me, or has there been an explosion of buzz words lately? Don’t get me wrong, the IT industry innovates at a crazy pace normally, but it seems that things have been evolving faster than ever and that a fundamental change in the way things are done is underway. We can attribut...
My favorite writer, Gil Press, sums it up with, “It’s Official: The Internet Of Things Takes Over Big Data As The Most Hyped Technology” where he talks about how Gartner released its latest Hype Cycle for Emerging Technologies, and how big data has moved down the “trough of disillusion...
More and more Web sites and applications are being moved from Apache to nginx. While Apache is still the number one HTTP server with more than 60% on active Web sites, nginx has now taken over the 2nd place in the ranking and relegated Microsoft’s IIS to 3rd place. Among the top 10.000...
Getting one's arms around the Internet of Things is a daunting task. In addition to big IoT commitments from all of the big players in computing and telco, there are a number of smaller companies and startups working on devices and services to enable the future of enterprise IT and per...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE