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Commerce Resources Corp. Announces Positive Preliminary Economic Assessment for Upper Fir Tantalum and Niobium Deposit, Blue River, B.C.
Highlights
AMEC's PEA Technical Report on the Blue River Tantalum-Niobium Project
dated 29-September-2011 will be filed shortly for public disclosure ().
Study results show a positive cash flow for a potential 7500 tonnes per
day underground operation at the Upper Fir, with cash costs of $C24.91
per kilogram of tantalum metal (net of niobium metal credits) in a
technical grade oxide product.
AMEC's economic evaluation was based on the September 29, 2011 mineral
resource base of 36.4 million tonnes of Indicated mineral resource
containing 195 ppm (gpt) Ta2O5 and 1,700 ppm (gpt) Nb2O5 plus 6.4 million tonnes of Inferred mineral resource containing 199 ppm
(gpt) Ta2O5 and 1890 ppm (gpt) Nb2O5.
T ...
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