Josemaria Resources (TSX: JOSE) (OTC: JOSMF), a natural resources company based in Vancouver, British Columbia, recently announced positive results of a feasibility study focused on its wholly owned Josemaria Copper-Gold Project located in the San Juan Province of Argentina. The study reported a 19-year mine life and a robust, rapid pay-back, low-risk project with an open-pit operation feeding a conventional process plant at 152,000 tonnes a day. The study projected 136,000 tonnes of copper, 231,000 ounces of gold and more than a million (1,164,000) ounces of silver in average annual production. “We are extremely pleased with the results of the feasibility study at Josemaria, which indicates that this is one of the very few readily developable copper-gold projects in the world today,” said Josemaria Resources president and CEO Adam Lundin. “This study has materially de-risked the project and forecasts an attractive economic outcome, which is comparable with other large-scale copper/gold projects already being developed or in production today. We believe that Josemaria is perfectly positioned to commence production by mid-decade, meeting rising copper demand from a rapidly electrifying global economy. I believe the study results will allow us to unlock various financing opportunities as we move toward construction.”
To view the full article, visit https://nnw.fm/cjNkN
About Josemaria Resources Inc.
Josemaria Resources is a Canadian natural resources company focused on advancing the development of its wholly owned Josemaria Copper-Gold Project in San Juan Province, Argentina. The company published the results of an independent feasibility study on Oct. 19, 2020, which demonstrates a conventional, robust and rapid pay-back, open-pit copper and gold project. Josemaria is a member of the Lundin Group and a proud partner of the Lundin Foundation. Josemaria is laying the groundwork for best practice in responsible mineral development in Argentina. The company is a reporting issuer in all provinces and territories of Canada, and its corporate head office is in Vancouver, British Columbia. The company’s shares are listed on the TSX and Nasdaq Stockholm under the symbol “JOSE” and trade on the OTCQB under the symbol “JOSMF.” For more information, visit the company’s website at www.JosemariaResources.com.
NOTE TO INVESTORS: The latest news and updates relating to JOSMF are available in the company’s newsroom at http://nnw.fm/JOSMF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
