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    Creston Moly Announces Preliminary Economic Assessment

    Investing News Network
    Dec. 21, 2010 11:58AM PST
    Industrial Metals

    Creston Moly Corp (CVE:CMS) announced that the complete NI 43-101 Preliminary Economic Assessmentprepared by JDS Energy & Mining Inc. has been filed on SEDAR , as well as on their website www.crestonmoly.com.

    Creston Moly Corp (TSXV:CMS) announced that the complete NI 43-101 Preliminary Economic Assessmentprepared by JDS Energy & Mining Inc. has been filed on SEDAR , as well as on their website  www.crestonmoly.com.

    The press release is quoted as saying:

    The metal prices for the base case are $15.00 per pound for molybdenum and $2.60 per pound for copper. As of December 2010 the historic 3-year trailing average prices for molybdenum and copper were $19.54 per pound and $2.95 per pound respectively. Current prices for molybdenum and copper are $16.15 per pound and $4.11 per pound respectively

    To access the full release, click here.

    creston moly corptsxv:cmscreston moly
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