Castillo Copper Ltd (ASX:CCZ, LSE:CCZ) managing director Dennis Jensen joins Proactive to provide the outlook on a pit optimisation study for the Big One copper deposit in Queensland. The Entech Group study has delivered an A$28 million net present value and boosts confidence in the viability of a standalone mining operation, with scope to build on the early-stage findings and advance a mining licence once CCZ brings a strategic development partner on board. Big-picture, Jensen says an initially optimised pit shell at Big One could potentially deliver up to 6,266 tonnes of copper, 4,362 ounces of silver and 1,469 tonnes of cobalt.
Castillo Copper talks Big One pit optimisation study