Development Strategy
Phased Development Approach
Our development strategy forPribrezhniy focuses onoptimizing project value through a flexible, two-track approach:
Near-Term Oxide Opportunity
- Stand-alone SX/EW operation producing 20,000 tonnes of copper cathode annually
- Low initial capital requirements for fast-track development
- Early cash flow generation potential
- Leverages existing regional infrastructure
- Processing of 31.5 Mt of oxide resources at 0.39% Cu
Large-Scale Sulfide Development
- Two production scenarios under evaluation:
- 28 MTPA processing operation
- 40 MTPA processing operation
- Conventional flotation producing copper and molybdenum concentrates
- Significant economies of scale
- Long-life operation with substantial resource base
Project Economics
PEA highlights demonstrate robust project economics across multiple development scenarios:
Oxide-Only Scenario:
- Rapid development timeline
- Lower initial capital investment
- Strong cash flow generation potential
- 9-year mine life
Combined Development Scenarios:
- Enhanced project NPV through increased production
- Significant operational synergies
- Extended mine life of 20-24 years
- Additional upside from molybdenum and silver credits
Development Timeline
Near-term milestones:
- Completion of additional metallurgical testing
- Environmental and social baseline studies
- Pre-feasibility study initiation
- Continued resource expansion drilling
- Advancement of key permits and approval
Infrastructure Development
Strategic approach to infrastructure development:
- Utilization of existing regional infrastructure
- Staged construction to optimize capital efficiency
- Rail connection already in place
- Established power and water infrastructure
- Proximity to processing facilities
Path to Production
Our systematic approach to development includes:
- Resource optimization and expansion
- Advanced technical studies
- Environmental and social impact assessments
- Strategic partnership opportunities
- Project financing alternatives