Our corporate
strategy is to reactivate mining and
leaching operations at the Johnson
Camp Mine with a view to producing
approximately 25,000,000 pounds of
copper per year. We believe that we
have the following business
strengths that will enable us to
achieve our objectives;
The Johnson
Camp Mine is expected to have a
mine life of 13 years and
is capable of producing
approximately 25,000,000 pounds
of copper per year;
Direct
cathode production with no
exposure to smelting and
refining costs, and reduced
transportation costs;
Our company
has a strong, experienced and
proven management team;
A strong
global copper market which is
currently experiencing a deficit
in domestic copper production;
Mining
operations in the US, and in
Arizona in particular, have a
stable political base; and
Production of copper from new ore mined at a rate of approximately 25 million pounds per annum 90 days after completion of refinancing.
