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Virgin Metals Inc. (CVE:VGM) announced their plan and schedule for the completion and re-issuance of a pre-feasibility study for the company’s Los Verdes project.
Virgin Metals Inc. (TSXV:VGM) announced their plan and schedule for the completion and re-issuance of a pre-feasibility study for the company’s Los Verdes project.
The press release is quoted as saying:
The Los Verdes property is a historic molybdenum producer and was extensively drilled in the 1970s. Repetition and expansion of that drilling by Virgin in 2006 and 2007 resulted in the completion of a pre-feasibility study. The pre-feasibility study demonstrated in considerable detail a robust project based on molybdenum and copper recovery with reserve of 7.05 million tonnes at 0.137% Mo and 0.657% Cu.
Click here to access the entire press release