Tampakan’s gold and copper deposit higher than past estimates
Filed under: Mine - Tampakan, Mineral - Copper, Mineral - Gold, Operator - Xstrata, Region 12 - Cotabato
TAMPAKAN, South Cotabato (MindaNews / December 7) – Estimate of copper and gold deposits here could actually be much higher than earlier reported, the new owner of the Tampakan exploration project said.
The Xstrata Copper posted a recent report on the Internet that said that new resource estimates for copper and gold deposits in the project pursued by Sagittarius Mines, Inc. were pegged at 2.2 billion tons, 10 percent larger than what was last reported in April 2006.
The management disclosed on Thursday that “this is the first resource estimate published by Xstrata Copper since it assumed management control of the Tampakan project in March 2007.”
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