Tosca CEO Provides Update on Red Hills Copper-Moly Project

Reuters reported that Dr. Sadek E. El-Alfy, CEO of Tosca Mining Corp. (TSXV:TSQ,OTCQX:TSMNF), recently spoke to James West of Midas Letter about Tosca’s Red Hills copper-molybdenum project.

El-Alfy commented:

We signed the [Red Hills] deal in March or April of 2011 and raised finance $5.5 million and within eight months we had completed the resources document. We’ve completed 80% of the metallurgy that is required for a feasibility study. And we’ve worked with consultants to look at the future permits. And basically, we just posted our resource document online and on SEDAR.

Click here to read the full Reuters report.