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Article: Baja Announces Preliminary Economic Assessment for the El Boleo Project
- Article from:
- CCNMatthews Newswire
- Article date:
- September 13, 2005
CopyrightCopyright 2005 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 13, 2005) - John
Greenslade, President of Baja Mining Corp. ("Baja" or the "Company")
(TSX VENTURE:BAJ) is pleased to announce the results of a Preliminary
Economic Assessment ("PEA") for the 100% owned El Boleo copper cobalt
zinc project located at Santa Rosalia, Baja California Sur, Mexico.
All figures are in US and metric measure unless otherwise stated.
The PEA of the El Boleo project indicates that the project is
sufficiently robust that it warrants continuing development to
completion of the Definitive Feasibility Study ("DFS"), currently
scheduled for completion by June 2006.
The PEA of the El Boleo project is based upon the following: