A new preliminary resource estimate for International Curator Resources’ (IC-T) Boleo property in Baja California Sur, Mexico, shows a slight decrease in copper values but almost a 12% jump in cobalt.
The new estimate, based on a copper-equivalent cutoff of 1%, is 395 million tonnes grading 0.75% copper and 0.68% cobalt, or 7.6 billion contained pounds of copper and 652 million contained pounds of cobalt.
Previously, the resource was estimated to be 374 million tonnes grading 0.96% copper and 0.071% cobalt, or 7.9 billion contained pounds of copper and 584 million contained pounds of cobalt. Those figures were based on a cutoff grade of 1% copper-equivalent.
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