Yandera Feasibility Study
With the renewal of Yandera Copper Project EL 1335 through November 19, 2025, Freeport Resources has commenced its work plan to advance the Yandera Copper Project toward a Definitive Feasibility Study and Final Investment Decision. Concurrent with the Definitive Feasibility Study program, Freeport Resources has begun discussions with key international strategic investors and prospective partners for development of the Yandera Copper Project.
Internal Optimization Review
The Company has also commenced an internal optimization review of breakthrough advances in low-cost, direct sulphide leaching technologies that have been introduced since the Yandera Pre-Feasibility Study was completed in 2017.
- Direct Sulphide Leaching Technologies – New technologies allow for direct sulphide leaching at the mine site to produce a final copper cathode product, thereby eliminating the need for a costly concentrator and its attendant operating and transportation costs.
- Capex/Opex Reductions – The potential capital, operating and transportation cost savings are significant and could further strengthen the project’s economics and attractiveness to potential strategic partners.
The internal optimization review is part of Freeport Resources’ ongoing strategic review process aimed at maximizing the value of the Yandera Copper Project which the Company believes is significantly undervalued based on historical expenditures, current copper prices and the potential for resource expansion. The Company’s internal project optimization review will be led by Dr. Nathan Chutas, Senior Vice-President of Operations, who helped manage the 2017 Pre-Feasibility Study.
