Chilean Copper Project
20 Marzo 2008 - 1:00AM
UK Regulatory
RNS Number:4402Q
Investika Ltd
20 March 2008
20 March 2008
INVESTIKA LTD
("the Company")
SRK Consulting appointed as Independent Engineers to Puquios Copper Project in
Chile
The Company is pleased to advice that SRK Consulting (SRK) has been appointed as
the Independent Engineers to undertake the independent technical review of
Investika's Puquios copper project in Chile.
Investika's financial advisor, Endeavour Financial International Corporation
(Endeavour), has appointed SRK to the role. SRK will work under a specific
mandate from Endeavour to complete a comprehensive and independent due diligence
of the Puquios project. It is currently intended that SRK's due diligence
report will be complete in September 2008. This report will enable potential
project lenders to fast-track their internal assessment processes.
SRK was selected on the basis of its depth of experience in both the role of
Independent Engineer and copper heap leaching projects with similar
characteristics to Puquios. SRK has assembled a highly experienced team of
international and Chilean personnel to undertake the assignment out of its
Santiago office.
The Puquios project is located 130km north of La Serena, in Chile's IV region.
Investika is currently planning to complete the Bankable Feasibility Study in
August 2008 for this 15,000 tonne per year copper cathode project. Following
financing, construction could then start at the end of 2008 with first copper
scheduled to be produced in the first quarter of 2010.
Enquiries to:
Chrisilios Kyriakou, Chief Executive Officer
Investika Ltd
Telephone: 020 7514 1480
James Joyce/ Sarang Shah
WH Ireland Limited
Telephone: 020 7220 1666
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCVKLBFVXBZBBQ
Investika Di (LSE:IVK)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
Investika Di (LSE:IVK)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024
Real-Time news about Investika Di (London Stock Exchange): 0 recent articles
Más de Investika Ltd Artículos de Noticias