Nevada Copper Corp 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 > What doe this sentence mean?

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Post by Notgnuon Apr 21, 2021 10:57pm

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Post# 33042634

What doe this sentence mean?

"While we are still batch processing ore through the mill, we achieved a weekly average of 4,700 tons per day (“tpd”)"

It is a bit of a confusing way to put it. Does this mean that ore was stock piled and then run for a full week at 4,700 tpd?

If so, then what does it tell us about the average mining and milling rate given the current ventilation commissioning under way. Are we running an average of 2,000 tpd or 2,500 tpd or maybe more?

The grades seem excellent and the lateral development is excellent.

No news yet on the share consolidation ration so I guess we get that at AGM time.

Overall good progress.

Cheers,
Notgnu.

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