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RUTTAN Project
RUTTAN
Country
Canada
Province
Mapids
Close to
Leaf rapids
Status
PRODUCTION
Latitude / Longitude
56 N 28 / 99 W 38
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Risk and valuation analysis of the RUTTAN Project
Status Risk : Production
Country Risk : Very Low
Resource Risk : 20.00%
In situ value
538,598,935 $
Title(s) of the RUTTAN Project
Trevali Resources Corporation
Interest: 60%
Title
Company Profile
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Kria has an option to acquire 100% of Ruttan and Bill 5025 claims subject to a 4% NSR royalty. Terms include cash payment of Canadian $350,000 and 300,000 shares of Kria. At election of optioner, a final payment of Cdn $750,000 or 750,000 Kria sh
more...
Location of the RUTTAN Project
The two Kria Ruttan properties are approximately 21 km east of the village of Leaf Rapids, which in turn is approximately 750 km north-northwest of Winnipeg, Manitoba, Canada.
History of the RUTTAN Project
The Ruttan Project, located 21 kilometres east of Leaf Rapids, Manitoba, is a copper-zinc sulphide orebody that was discovered in 1968. Production from the mine began in 1973 with continuous mine production for 29 years. Historical production from Ruttan has been reported to be approximately 55 million tonnes grading 1.23% copper and 1.41% zinc. Kria has the option to acquire 100% of Ruttan.
Geology of the RUTTAN Project
The Ruttan Mine is a bimodal-siliciclastic type of volcanogenic massive sulphide deposit (VMS) similar to those found in the Iberian Pyrite Best of Portugal and Spain and in the Bathurst district of New Brunswick.
Reserves and resources of the RUTTAN Project
Tonnage
Grade
Reserves and resources
Copper
Zinc
Copper
Zinc
%
%
lbs
lbs
Inferred
19,750,000
1.17
1.47
509 433 154
640 057 075
Total
19 750 000
509 433 154
640 057 075
Definitions
Reserves and resources of the RUTTAN Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Copper
509 433 154
509 433 154
lbs
1 596 818 220 US$
Zinc
640 057 075
640 057 075
lbs
474 218 287 US$
Exploration and drilling
12/7/2011
Increases Land Position at Ruttan Copper and Zinc Deposit in...
Location
Data last updated on : 8/17/2009
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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