Capital and Operating Cost Estimates
During the course of the testwork program, GeoBiotics prepares pre-feasibility level estimates of capital and operating costs of the proposed GEOCOAT® or GEOLEACH™ operation. The estimates are part of an overall Concept Design Report, which also includes preliminary process flowsheets, mass balance, design criteria, process description, site layout, equipment list with duty specifications, and quantities of utilities and process consumables. The concept report also includes analyses of various sensitivities, including metal price, mining rate, grade, and capital and operating cost.