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Nevada Copper Corp T.NCU

Alternate Symbol(s):  NEVDQ | T.NCU.WT.C

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.


TSX:NCU - Post by User

Post by westcoast1000on May 17, 2023 2:45pm
267 Views
Post# 35453039

May presentation

May presentationHere are some key facts from the May investor presenttation:

  • Pro forma Pala ownership: ~64%

  • Pro forma Mercuria ownership: ~24%

  •  Measured & Indicated Mineral Resources2: 1.5 Bn lbs Cu (including - 760 Mn lbs Cu in Reserves)

  •  Mill Throughput: 1.8 M st/year (5,000 st/day)

  •  Avg. Grade: 1.74% CuEq

  •  Annual Production: 53.7 M lbs Cu; 12 kozs Au; 256 kozs Ag

  •  Mine Life: 14 years

  •  Estimated Annual Revenue: $147M (at $3.14/lb Cu);

Projected $250M at $4.00/lb Cu


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