What is the size and content of the ore body?
Exploration indicates that the ore body rests more than a mile below the surface. In May 2008, Rio Tinto, Resolution Copper’s parent company, announced that Resolution Copper had completed sufficient drilling on the deposit to report an Inferred Resource* of 1.34 billion tons containing 1.51 percent copper and 0.040 percent molybdenum. In practical terms, this ore body would be capable of producing 20 percent of expected future US copper demand over several decades.
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