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| Index > Projects > Tampakan > Overview |
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The Tampakan Copper-Gold Project (Tampakan Project) is located approximately 50km north of General Santos City , a major growth centre on the southern Philippines island of Mindanao (Fig. 1). General Santos has a population of approximately 500,000 and is accessed by sealed highways, a major deep water port and an international standard airport with the capacity to take commercial aircraft.
With a recently updated (December 2007) measured, indicated and inferred resource estimate, of 2.2 billion tonnes at 0.6% copper and 0.2 g/t gold at a 0.3% copper cut-off grade, carried out under JORC reporting guidelines, the Tampakan deposit represents the largest undeveloped copper-gold deposit in the South East Asia - Western Pacific Region (Fig. 2). This resource contains 12.8 million tonnes of copper metal and 15.2 million ounces of gold. Significant additional mineralisation potential exists.
The Tampakan Copper-Gold Project was the subject of a Pre-Feasibility Study into mine development by Indophil. This followed the completion of a successful Scoping Study during 2004 which demonstrated that the Tampakan Project has robust economic outcomes using conservative price inputs and based on a preferred large scale open pit option producing copper concentrates with associated gold.
On 1 April 2007, Xstrata assumed the role of project manager following exercise of the option to purchase 62.5% of the share in Sagittarius Mines, Inc., the operating entity of the Tampakan Project. |
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| Disclaimer | © 2008 Indophil Resources NL |
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