Freeport to Modernise Texas Copper Refinery
November 21, 2023
US copper major Freeport-McMoRan has ordered more than €10 million of Metso tankhouse material handling equipment for its El Paso electrorefinery in Texas.
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US copper major Freeport-McMoRan has ordered more than €10 million of Metso tankhouse material handling equipment for its El Paso electrorefinery in Texas.
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Ian McGavney, President & CEO of Colibri commented: We are very pleased with these new results which significantly expands the footprint of known mineralization on the Diamante II concession. We will be continuing this early stage exploration approach and anticipate that further geological mapping, prospecting, and continued evaluation of historical showings will provide the structural and alteration framework in which to interpret the extensive epithermal mineralization system evident on the property.”
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Chuck Jeannes, Chairman of the Board of Orla, commented, “On behalf of the Board, I welcome Rob to Orla Mining. He brings a wealth of experience, particularly in geology, from his over 35-year career in the natural resources sector. We look forward to Rob’s contributions as we continue to invest in our large and prospective exploration portfolio.”
The visual logging of the RC chip samples from the initial 7 holes continues to show evidence of wide zones of strongly altered rocks with porphyry style A, B, and C veinlets, similar to previously drilled zones at the Cervantes Project.
The Company is processing material that has been stockpiled at Velardeña since the mines last operated in 2015. The material was only partially processed during past operations and a gold and silver bearing pyrite concentrate has not previously been separated from the material.
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