Business Chief APAC+ANZ Magazine February 2016 | Page 64

ERA RESOURCES
Once up and running , Britz expects the mine to produce at least 100,000 tonnes of copper in concentrate per year . With over 624 square kilometres of exploration licenses in the prospective New Guinea Copper Belt , Era Resources is poised to create significant value for shareholders in coming years .
In September 2015 , Era Resources purchased an option for the La Cobota copper project in northern Mexico — a move that will further its resource opportunities . The project , which is comprised of three contiguous mining concessions encompassing 1,800 hectares , is located in the Laramide Metallogenic Belt of southwest North America , which is home to numerous world class porphyry deposits and widespread
64 February 2016