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    THEMAC Resources Reports Prefeasibility Study Results From Copper Flat Mine

    Investing News Network
    Jul. 19, 2012 03:14PM PST
    Base Metals Investing

    THEMAC Resources Group Limited (TSXV:MAC) reported positive results from a prefeasibility study at Copper Flat Mine in New Mexico.

    THEMAC Resources Group Limited (TSXV:MAC) reported positive results from a prefeasibility study at Copper Flat Mine in New Mexico.

    As quoted in the press release:

    • US$0.79 estimated operating cost per pound of copper for the first two years at July 10th prices and after byproduct credits
    • Payable production for the first two years is forecasted to be 130.57 million pounds of copper, 2.63 million pounds of molybdenum, 24,000 ounces of gold and 1.086 million ounces of silver

    Click here to read the THEMAC Resources Group Limited (TSXV:MAC) press release.

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