Nevada Copper Corp T.NCU.WT.C

Primary Symbol: T.NCU Alternate Symbol(s): NEVDQ

Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp > Basically we have milestones some may missed

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Comment by cnynmanon Jun 16, 2024 5:12pm

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Post# 36091305

RE:RE:RE:RE:RE:Basically we have milestones some may missed

They are not 'keeping workforce on'. They are shifting to care and maintenance, which will require a handful of essential personnel. They are in the process of layoffs for 117 as a first step.The $20M is for their salaries, benefits, 401k and severance packages through the layoff process, which could stretch into August.

All of the UG miners (SMD contractors) have already been terminated and left the site.

There is no more mining operation or development ongoing or planned.

What about all of this don't you comprehend?

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