Sandfire’s sums show big copper cash flow from DeGrussa

Sandfire Resource’s NL (ASX: SFR) board today approved a definitive feasibility study (DFS) for the DeGrussa VMS copper-gold project in a remote part of the Murchison Mineral Field in Western Australia.

The company said the latest studies showed substantially increased copper production, revenue and cash flow in the first three years of operation – beginning in 2013 – and that the internal rate of return for the project would be 108%.