In late 2015, Idaho CuMo Mining Corporation announced its results of an updated independent resource calculation. Most notable are a new measured category and substantial increases to the silver, copper and tungsten measured and indicated estimates. The new estimate covers only approximately 60% of the mineralizing system’s footprint identified to date.
(Source: Resource Tables in Giroux et Al’s NI 43-101 Summary Report on the CuMo Property, Boise County Idaho dated October 2015. RCV is Recovered Metal Values and is based on the prices of: Molybdenum oxide $10/lb, Copper $3.00/lb and Silver $12.50/ ounce.)
The current resources for the project can be examined interactively at various metal prices HERE.
1 For details see section on Mineral Processing and Metallurgical testing Giroux et Al’s 2015 report.