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Crazy Horse Resources

Mining Companies - Metals Companies

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Junior Exploration/Development Cu/Au/Ag

Crazy Horse Resources is a Canadian based mining company with corporate offices in Vancouver, British Columbia, Canada and in Manila, Philippines. Crazy Horse is an advanced explorer with focus on the development of the Taysan copper-gold project that has 100% ownership, an established resource and large exploration upside.

The Taysan Copper Gold Project hosts a large and only partly explored copper-gold porphyry deposit similar to other copper-gold porphyry deposits previously mined in the Philippines. The Taysan Copper Gold Project is located in southern Luzon, Philippines in a well-developed mining province and readily accessible by road located 20km east of the provincial capital and deep-water commercial port of Batangas City. The Company is listed on the Toronto venture exchange under (CZH) and OTCQX under (CRZHF).

Annual Trading Range .19-1.44

Trading on 2 March 2012 @ .30

Share Structure

 

Issued & Outstanding

64,483,014

Stock Options

4,325,000

Warrants

Nil

Fully Diluted

68,808,014

 

Financials

Q1 2012

Cash and Equivalents 7.5m

St Liabilities 2.6M

Cash Burn Rate 5.5M

Quarterly Loss (.09)

Projects

Taysan

The Taysan Project is located on the south western segment of the island of Luzon in the well developed industrial province of Batangas, 100km south of Manila. The Project comprises of 11,254 hectares with two known deposits: a large copper-gold porphyry deposit (the "Taysan Deposit") similar to other copper-gold porphyry deposits previously mined in the Philippines, and the Antipolo Epithermal Gold Mine.

The Taysan Copper Gold Project contains a drill defined copper-gold porphyry deposit, and is comprised of two mining exploration permits and three mining exploration permit applications (permits: EP-IVA-005 and EP-IVA-016, and permit applications: EPA-IVI-108, EPA-IVI-111 and EPA-IVA-081) over five contiguous claim blocks covering a combined total area of 11,254 hectares.

Project Summary

April 2011 - NI 43-101 Technical Report & Preliminary Economic Assessment on the Taysan Project

Resources at 0.1% Cu cut off : 411 Mt Indicated and 542 Mt Inferred

Expected Mine Life: 15 years

Estimated production LOM: 1.34Blb Cu , 0.41Moz Au, 2.72Moz Ag, 4.09Mt of Magnetite

Estimated initial Capital Costs : $510.7 million

NPV at 10% after tax : $609 million

Update:

 

Feb 29, 2012

Taysan Project Resource Estimate Increases to 459 Million Tonnes in the Measured and Indicated Categories, which Now Covers All Resources for a 24-Year Mine Life

 

Corporate

Mitch Alland, Chairman and CEO

Brian Lueck, COO & Director

Darryl Cardey, CFO & Director

Paul Reynolds, Director

AMEC, Study Management

Media

Corporate Presentation

http://crazyhorseresources.com/i/pdf/CorporatePresentation.pdf

Fact Sheet

http://crazyhorseresources.com/i/pdf/FactSheet.pdf

News Releases

 

Feb 29, 2012

Taysan Project Resource Estimate Increases to 459 Million Tonnes in the Measured and Indicated Categories, which Now Covers All Resources for a 24-Year Mine Life

Highlights ...

+View PDF...

Jan 18, 2012

Taysan Pre-Feasibility Study Update

Magnetite Recovery Improves by approximately 80% from 51% to 91% Increasing Taysan Project IRR from 29.3% to 33.6% Highlights ...

+View PDF...

Dec 19, 2011

Crazy Horse Resources Inc. Completes Updated Resource Report

Vancouver, British Columbia, December 19, 2011 - Crazy Horse Resources Inc. (TSXV: CZH) (" Crazy Horse ...

+View PDF...

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Comments (1)Add Comment
Brian Boutilier
...
written by Brian Boutilier, March 04, 2012
I'm not usually a fan of developmental level companies. They tend to drift. However, this one is cashed up for at least another season. Tight share structure, and they have done a PEA for Taysan. The infrastructure is excellent and near a port. One can picture China being interested. However I know of know such activity. Feasibility study project for Q3 2012. How will they get to production, takeover, JV, financing? Certainly unknown. This management team has sold a project before.

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