HIGHLIGHTS
Copper Hill
- Stage 1 Feasibility Study completed by NERIN
- Management team now in place, Project Manager appointed
- On-going drilling confirms and extends known mineralisation
Other Projects
- Gravity survey completed on South Australian tenements
- Cargo drilling delayed with rig retained at Copper Hill
- New VTEM interpretation for Cobar region projects
FEASIBILITY STUDIES
GCR has received, from China Automated Control Systems (CACS), the Copper Hill Feasibility Study - Stage 1 Report by China Nerin Engineering Co. Ltd entitled Copper Hill Cu-Au Mine Project - Technical and Economic Evaluation Report. The report is comprehensive, provides cost estimates of all development aspects of the project and recommends GCR proceed to produce a copper-gold sulphide concentrate on site for sale.
The consulting agreement with CACS has been concluded. GCR is now embarking on Stage 2 of the Feasibility Study and has also engaged Whittle Consulting to create an enterprise optimisation model for Copper Hill.
For further information please download PDF below:
