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PETAQUILLA Project
PETAQUILLA
Country
Panama
Close to
Panama city
Status
FEASIBILITY
Latitude / Longitude
8 N 51 / 80 W 41
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Risk and valuation analysis of the PETAQUILLA Project
Status Risk : Feasibility
Country Risk : Important
Resource Risk : 51.00%
In situ value
15,866,473 $
Title(s) of the PETAQUILLA Project
Inmet Mining Corp.
Joint venture: 48%
Title
Company Profile
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INMET has 48 percent interest in the property. Petaquilla Minerals holds a 52 percent interest in the property, and Teck Cominco has the right to half of Petaquilla Minerals’ 52 percent or 26 percent of the joint venture by funding all of Petaquilla Minerals’ interest. Teck Cominco is the operator of the project.
Teck Resources Limited
Joint venture: 26%
Title
Company Profile
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Petaquilla Copper Ltd.
Joint venture: 26%
Title
Company Profile
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Company website
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Location of the PETAQUILLA Project
Petaquilla is a large open-pit copper project in Panama located 120 kilometres west of Panama City, 20 kilometres from the Caribbean coast.
Reserves and resources of the PETAQUILLA Project
Tonnage
Grade
Reserves and resources
Copper
Copper
%
lbs
Measured
526,000,000
0.50
5 798 157 495
Indicated
424,000,000
0.50
4 673 799 958
Mesured and Indicated
950,000,000
0.50
10 471 957 454
Total
950 000 000
10 471 957 454
Definitions
Reserves and resources of the PETAQUILLA Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Copper
10 471 957 454
5 798 157 495
4 673 799 958
10 471 957 454
lbs
34 766 898 747 US$
Exploration and drilling
9/28/2012
(Inmet Mining)
Mails Offer to Petaquilla Minerals Shareholders
9/20/2012
(Inmet Mining)
Reiterates Intention to Make Offer to Acquire Petaquilla Min...
9/5/2012
(Inmet Mining)
Announces 37% Premium Offer for Petaquilla Minerals Ltd.
3/27/2008
(Teck)
and Inmet Mining Announce Arrangements for Proceeding With P...
3/27/2008
(Inmet Mining)
and Teck Cominco Announce Arrangements for proceeding with P...
2/1/2008
(Petaquilla Min.)
Incorporation of Petaquilla Infrastructure Ltd.
11/15/2006
(Petaquilla Min.)
Provides Update on Copper Project in Panama
10/13/2006
(Petaquilla Min.)
Update of Company Activities
Discoveries and Drilling Results
8/23/2006
(Petaquilla Min.)
Phase I Completed-Molejon Drilling Still Finding Gold
6/21/2006
(Petaquilla Min.)
Molejon Drilling Intercepts More Gold Mineralisation
Location
Data last updated on : 12/31/2008
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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