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Demand, supply and price of copper – an exploration ... - Rio Tinto

Demand, supply and price of copper – an exploration ... - Rio Tinto

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Brownfield <strong>exploration</strong> <strong>–</strong> high potential for<br />

discovery in <strong>an</strong> established operating environment<br />

Bingham C<strong>an</strong>yon <strong>–</strong> Deep Molybdenum Zone<br />

• Deep Molybdenum Zone to date only partially<br />

delineated by drilling (D664 only recently<br />

completed)<br />

• Annular body <strong>of</strong> mineralisation extending<br />

>2,000m downwards beneath current open pit<br />

• Current Exploration Target <strong>of</strong> 500-600Mt @<br />

0.1 <strong>–</strong> 0.15% Mo (pre-D664) is likely to<br />

signific<strong>an</strong>tly exp<strong><strong>an</strong>d</strong> with further drilling<br />

<strong>Dem<strong><strong>an</strong>d</strong></strong>, <strong>supply</strong> <strong><strong>an</strong>d</strong> <strong>price</strong> <strong>of</strong> <strong>copper</strong> <strong>–</strong> <strong>an</strong> <strong>exploration</strong> perspective 16

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