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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

Comment by nofluffon Jan 16, 2024 11:19am
89 Views
Post# 35829088

RE:NPV

RE:NPVThat is my guess as well. I would say those numbers 0.28 would be u.s. So 0.40 cad.  Some details to add to value. The recent extention of the large lode they are mining. Also the cent drill in all directions found more copper in all 6 directions.

Copper hill and dimples is huge for current mill. The drill showed deposits starts at surface and was found deep as well. Plan is to slowly mine those hi grade deposits and use it for some feed on the ug mill. 

The plan is to expand mill from 5000tpd to 6500 tpd. They think they can get the ug equipment mining and hoisting 6500 tpd. However, that would b maxing hoisting ability. With the copper hill and dimples hi grade, there would always b ample ore for mill, even if there were ug issuses. So I believe 0.40 or 0.50 cad should be doable soon. But keep heading for a dollar. OP should keep the price going north.  Higher copper prices would b nice:))

nf


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