USGS releases first study to assess global earthquake risk to mineral supplies
Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.
Kipoi mineral property covers 5,500 ha and is located in southern Democratic Republic of Congo. The company has the right earn a 60% interest in the property from its Congolese partners.
The conceptual exploration target is to define 1 million tones of contained copper resource which would allow the project to reach a future capacity of 100,000 tonnes per year copper metal.
Actual mineral reserves stand at 2.68 Mt at 7.0% copper, 0.2% cobalt, 4.5 g/t silver for a cut off grade of 3.25% copper….more