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Orsu Metals: Definitive Feasibility Study for the Karchiga Project
Feb. 29, 2012 11:30AM PST
Base Metals Investing
Orsu Metals Corporation (TSX:OSU) reported results of a Definitive Feasibility Study for the Karchiga Volcanogenic Massive Sulphide in Kazakhstan.
Orsu Metals Corporation (TSX:OSU) reported results of a Definitive Feasibility Study for the Karchiga Volcanogenic Massive Sulphide in Kazakhstan.
As quoted in the press release:
Highlights:
- Post-tax NPV7.5 of US$150 million, IRR of 30% (based on price of US$3.25/lb Cu);
- Initial capital expenditure of US$115 million;
- Payback period of 2.75 years (on initial capital expenditure);
Click here to read the Orsu Metals (TSX:OSU) press release.