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CuFe Ltd (ASX:CUF)

ALERT: Price-sensitive ASX Announcement for CUF
Current share price for CUF : $0.061 0.022 (56.41%)+
Announcement
Release
6 May 2026 9:17AM
Price at Release
$0.039
Full Release
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Summary
The document describes the expanded scoping study for the Orlando Copper-Gold project, led by CuFe Ltd. The study outlines the development of a centralized processing plant with a capacity of 850 ktpa, incorporating contributions from nearby assets. The process plant remains adjacent to the Orlando Pit. Updates include modifications to the flotation circuit for the separation of bismuth, resulting in two distinct concentrates. Open pit and underground mining strategies have been detailed, with a focus on optimizing ore access and reducing costs through shared resources and infrastructure. The financial aspects include detailed capital and operating cost estimates, emphasizing cost efficiency and resource optimization. No Ore Reserve has been declared as the study is at the scoping level.
Key Points
  • Centralized 850 ktpa processing plant adjacent to Orlando Pit.
  • Modifications to flotation circuit include bismuth separation.
  • Open pit and underground mining strategies for ore access.
  • Cost optimization through shared resources and infrastructure.
  • Detailed capital and operating cost estimates.
  • No Ore Reserve declared; study at scoping level.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.