Result of AGM
Halo Minerals PLC announced that all resolutions were passed at its Annual General Meeting. The company, focused on extracting critical minerals from legacy mining waste, is advancing its Playa Verde copper tailings project in Chile. This project has a JORC compliant resource of 53.4 Mt @ 0.24% Cu, including reserves of 32.2 Mt @ 0.25% Cu. Financial analysis indicates operating costs of $2.19 per pound of copper, with reserves having an NPV10 of US$154.1 million and an IRR of 50.9% after tax, based on commodity price assumptions of $5.30/lb Cu and $4,300/oz Au.
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Halo Minerals PLC (AIM: HALO), the copper development company focused on extracting critical minerals from legacy mining waste, announces that at the Annual General Meeting held earlier today all resolutions were passed.
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