COPPER MINING SALE - BRAZIL
ANM/RO *-*/2005, copper ore
Area of 2.500 hectares, in the current phase of the Mining Ordinance Request, with the PAE presented with the following reservations:
RESERVE MEASUREMENT RESERVE INDICATED TOTAL INFERRED RESERVE
= 79.475.566 = 90.110.235 = 128.794.050
TONS WITH AVERAGE CONTENT OF 15,92%; TONS WITH AVERAGE CONTENT OF 4,9%;
TONS WITH AVERAGE CONTENT OF 4,9%
= 298.379.851 - TONS OF COPPER ORE)
SALE VALUE U$ 100,000,000.00 (one hundred million US dollars
