MINING
Province of PNG . As the copper apple of its eye , the company is wholly committed to advancing Yandera towards feasibility , having already drilled 575 drill holes resulting in 630 million tonnes of measured and indicated resource and 117 million tonnes of inferred resource ..
“ We ’ re planning to take Yandera into a scoping study — basically a preliminary economic study — which should be done by 2016 ,” said Pieter Britz , President and CEO of Era Resources .
“ Then we ’ ll plan another drill campaign to push the resource reserve to a billion tonnes and hopefully commence a feasibility study by the start of 2018 , and have financing underway shortly after that . By early 2019 , we ’ ll be ready to make a decision on moving forward .”
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