Assumptions used in USD for the copper equivalent calculation were metal prices of $3.00/lb. Copper, $1,700/oz Gold, $22/oz Silver, and recovery is assumed to be 100%. The following equation was used to calculate copper equivalence: CuEq = Copper (%) + (Gold (g/t) x 0.8264) + (Silver (g/t) x 0.012).
Assumptions used in USD for the copper equivalent calculation were metal prices of $3.00/lb. Copper, $1,700/oz Gold, $22/oz Silver, and recovery is assumed to be 100%. The following equation was used to calculate copper equivalence: CuEq = Copper (%) + (Gold (g/t) x 0.8264) + (Silver (g/t) x 0.012).