SONORA STATE, MEXICO - FRONTERA COPPER CORP. of Toronto has successfully moved local villagers and built a new town to facilitate the development of its Piedras Verdes copper mine. The original village of Piedras Verdes and it Ejido residents were moved to a new site about 6 km south of the mine site. The company has formally turned over the town that it built, including streets, power, water, sewers, schools and a medical centre.
The Piedras Verdes mine will be an open pit with run-of-mine heap leaching and solvent extraction. Production is planned for the second half of 2006 at an annual rate of 70 million lb of copper cathode. The deposit contains proven and probable minable reserves of 191 million tonnes grading 0.35% Cu.
A technical report on the project is available at www.Frontera.Pubco.net.
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