Terms of Reference

• Price of Copper: $0.82 per pound

• Price of Molybdenum: $3.50 per pound

• Estimation: Inverse Distance Squared

• First Year of Production: 2007

• Life of Mine: 15 years

• Ore Tons Mined Daily: 15,000

• Stripping Ratio: 0.519:1

• Processing: Flotation and Concentration

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