Tosca CEO Provides Update on Red Hills Copper-Moly Project
Reuters reported that Dr. Sadek E. El-Alfy, CEO of Tosca Mining Corp. (TSXV:TSQ,OTCQX:TSMNF), recently spoke to James West of Midas Letter about Tosca’s Red Hills copper-molybdenum project.
Reuters reported that Dr. Sadek E. El-Alfy, CEO of Tosca Mining Corp. (TSXV:TSQ,OTCQX:TSMNF), recently spoke to James West of Midas Letter about Tosca’s Red Hills copper-molybdenum project.
El-Alfy commented:
We signed the [Red Hills] deal in March or April of 2011 and raised finance $5.5 million and within eight months we had completed the resources document. We’ve completed 80% of the metallurgy that is required for a feasibility study. And we’ve worked with consultants to look at the future permits. And basically, we just posted our resource document online and on SEDAR.