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Fortune Bay

Copper & Silver Mineral Exploartion Project

Commodities: Copper, Silver
Price: $10 Million
NOT AVAILABLE

Summary

Copper
  • Based on 20,000,000 tonnes of 1.5 % Copper @ $3.00 / lb.
  • 2200 lbs. / tonne X 1.5 % Cu = 33 lbs. of Cu / tonne
  • $3.00 / lb. Cu X 33lbs / tonne = $99.00 ($100.00 /tonne)
  • 20,000,000 tonnes X $100.00 = $2,000,000,000.00 ($2B)
Silver
  • Based on 20,000,000 tonnes of 2 grams /tonne Silver
  • 2 grams / tonne = 0.0705479 oz. / tonne
  • 20,000,000 X 0.0705479 = 1,410,958 oz.
  • $30.00 / oz. X 1,410,958 oz. = $42,328,740.00 ($42M)
  • Total $2,042,328,740.00 ($2B,$42M)
No Longer Available

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