RE: Europa metals tweet25 Mar 2021 09:31
And keep your eye on the prize. These are massive numbers
Figures:
The deposit contains around 16 Mt of mineral.
The project foresees the extraction of 450,000 t per year of mineral as a base with the possibility of expansion.
The life of the project is estimated at 15 productive years and it will take between 2 and 3 years for its construction.
It is expected that at least 50% of the waste generated will return to the interior of the mine.
The volume of waste deposited on the surface will be about 2.6 Mm3.
In total, it is expected to extract around 16 Mt with average grades of just over 4% for Zn, almost 4% Pb and about 23 g / t of Ag.
Annual production will be 16,500 t of Zn, 15,000 t of Pb and 8,000 kg Ag.
The direct project staff is expected to be 200 people
To date, almost € 5M have been invested since 2006, of which € 1.5M have been made in the last 2 years.