Anax Metals: Near-term Copper Producer Targeting Resource Growth, Regional Consolidation Strategy

The Whim Creek DFS (and leaching study) have demonstrated the opportunity for an eight-year mining operation producing copper concentrates, cathodes and valuable byproducts. The operation will generate $410 million in cash flow and deliver an NPV of $270 million with a development capex of $71 million.

Whim Creek, located 120 km from both Port Headland and Karratha on the NW Coastal Highway in the Pilbara region of Western Australia, has a long history of copper production. The project has four main deposits, namely Whim Creek, Mons Cupri, Salt Creek and Evelyn, with structurally controlled, volcanic-hosted massive sulphide style copper-zinc-lead mineralization.

This Anax Metals profile is part of a paid investor education campaign.*

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