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Reservoir reveals $1bn Upper Zone value

If you've been tracking some of the stellar drill results and resource numbers coming out of the Timok JV copper-gold project in Serbia, you will have been waiting for some pretty good numbers from initial economic studies.

Gareth Tredway
Drilling at the Timok JV in Serbia

Drilling at the Timok JV in Serbia

But with an after-tax NPV of almost US$1 billion and an IRR of 84% using today's prices, the preliminary economic assessment estimates have surely surpassed most expectations. Importantly, this study...

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