The maiden MI 43-101 indicated and inferred resource for the Alpala zone is 1.08 billion tonnes at 0.68% copper equivalent, using a 0.3% copper equivalent cut-off.
The deposit contains 5.2 million tonnes of contained copper and 12.3 million ounces of gold.
Around 40% of the resource is in the indicated category.
The maiden resource includes a higher grade core of 120Mt at 1.8% copper equivalent, using a 1.1% copper equivalent cut-off, of which 60% is indicated.
If the cut-off grade is lowered to 0.9% copper equivalent, an additional 100Mt at 1% would be added to the high-grade core.
The estimate was based on 53,616m of drilling, around 84% of the 6...