VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/25/12 -- Crazy Horse Resources Inc. (TSX VENTURE: CZH) (the "Company") announces that it has placed its Taysan Copper-Gold Project on a care and maintenance basis in order to minimize expenses while it continues to pursue a trade sale or joint venture. With the Company in a non-operational and cash conservation mode, Mr. Brian Lueck has agreed to resign as Chief [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/17/12 -- Crazy Horse Resources Inc. (TSX VENTURE: CZH) (the "Company") announce that it has received from the Mines and Geosciences Bureau, Regional Office IVA, Philippines, a favorable endorsement for the conversion of its Taysan Project's Exploration Permit into a FTAA (Financial or Technical Assistance Agreement).
This favorable endorsement from the regional office [...]
Crazy Horse Resources announces that its Philippine affiliate has completed the sale and assignment to a private Philippine corporation of its rights to the Asset Sale and Purchase Agreement, entered into on April 27, 2011, for the purchase of the Taysan port facility located in Batangas City, Luzon Province Philippines.
Crazy Horse Resources announces that further to its news release of April 30, 2012, it has filed on SEDAR a National Instrument 43-101 compliant pre-feasibility study report on its 100%-held Taysan Copper-Gold Project, located on Luzon Island in the Philippines. The report dated May 5, 2012 entitled "Taysan Copper-Gold Project - Prefeasibility Study for a 15 Million Tonne per Annum Mine" and authored by Barton Metals Pty [...]
Crazy Horse Resources announces that it has engaged the services of Regent Advisors LLC to advise the Company as it seeks a potential buyer or joint venture partner for its Taysan Copper-Gold Project located on Luzon Island. Under the terms of the engagement, which commenced effective April 1, 2012, the Company will pay Regent a cash success fee equal to 1.5% of the transaction value. Additionally, the Company has agreed [...]
Crazy Horse announces the completion of a pre-feasibility study, prepared by AMEC Minproc, on its 100%-held Taysan Copper-Gold Project located on Luzon Island in the Philippines. Mitch Alland, Chairman and CEO of Crazy Horse Resources commented: "We are excited about the attractiveness and the financial robustness of the Taysan Project with its estimated NPV of US$503 million and IRR of 49%, assuming a 65:35 debt to [...]
Updated resource estimate for the Taysan Project comprises 459 million tonnes (Mt) in the Measured and Indicated categories, at a 0.1% copper cut-off grade. This revised Measured and Indicated resource now allows for a longer mine life (24 years compared to 15 years previously) based on recently updated pit optimisations.
Crazy Horse is pleased to announce that new pre-feasibility metallurgical test work results received from AMEC Minproc, the lead consultant for the pre-feasibility study for the Company's Taysan Copper-Gold Porphyry Project in Batangas Province on Luzon Island in the Philippines, show average metallurgical recovery of magnetite of 91% at magnetite grades of 3.58%, which is the average grade over the 15-year mine life of [...]
Crazy Horse announces that further to its news release of November 14, it has commissioned a revised scoping study on the benefits and economic performance of a 15 Mtpa mine and process operation for its Taysan Copper Gold Project, Philippines. The Report dated December 16, 2011 and entitled "Revised Preliminary Economic Assessment For A 15 Million Tonne Per Annum Mine" was authored by Barton Metals Pty Ltd. of Australia [...]
Crazy Horse a Philippines based mineral development company, announces assays from the last 49 drill holes that completes all of the resource drilling program on its Taysan copper-gold-silver porphyry project. To date, Crazy Horse has completed 36,494 metres of drilling at the Taysan Project. The deposit is now drilled off completely to the standard required for a bankable feasibility study. The results of the drilling [...]
Crazy Horse is pleased to announce that its new management has completed a review and scoping study of the Taysan Copper-Gold Porphyry Project in Batangas Province on Luzon Island in the Philippines. The scoping study was initiated in order to lower initial capital costs, increase profitability and possibly fast track development. It uses the same resource estimate as contained in the Company's NI43-101 report dated [...]
Crazy Horse announces that further to its news release of September 8, it has completed and filed an updated NI43-101 compliant resource report on its Taysan Copper/Gold Project. The report dated October 10 and entitled "Update of the Mineral Resource Estimate and Preliminary Economic Assessment for the Taysan Project" was authored by Mining Associates Pty. Ltd. and AMEC Minproc Limited. The report updates the mineral [...]
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