 |
|
Corporate Strategy
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 16 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
during the second quarter 2011.
|
|
