2011 - 2012 Production scenario: HudBay Cold-Lost operation to generate cash flow 2010 - 2012 Exploration in vicinity of known surface deposits within 4-km radius to test feasibility of multiple open pit operations feeding a central mill facility 2011 - 2013 Regional exploration to discover additional near surface deposits ------------------------------------------------------------------- Common Shares-Issued 18 million Warrants & Options ~2 million* Market Capitalization $ 5.5 million Working Capital $ 0.5 million Ownership Institutional 40% Management and Insiders 5% Retail 55% ------------------------------------------------------------------- HudBay currently drilling to advance metallurgical testing Decision to proceed to engineering expected January 2011 HudBay required to spend $1.35 million and pay $450,000 to earn 51% of 1.1 sq. km. HudBay can earn 60% by paying additional $2 million before December 2011 HudBay can earn additional 7.5% by paying $2.5 million prior to production Total of up to $6.3 million expenditure Halo’s portion of estimated $3 million capital costs paid out from revenue HudBay’s current work program - 100% more than their required 2010 spending |
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aus der Diskussion: | Halo Resources Kupfer-Zink-Silber-Gold Teil 2 Halo schon bald Produzierender Rohstoff Explorer |
Autor (Datum des Eintrages): | Robert023 (05.10.10 06:46:22) |
Beitrag: | 38 von 557 (ID:40263245) |
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