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Nevada Copper Corp NEVDQ

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.


GREY:NEVDQ - Post by User

Comment by Notgnuon Apr 28, 2021 2:37am
144 Views
Post# 33080555

RE:RE:RE:RE:RE:RE:RE:RE:The stock

RE:RE:RE:RE:RE:RE:RE:RE:The stock Thanks patchh this is great stuff.

I think everyone following here aught take a serious look at what patchh has put together. This implies not only expansion within NCU's current large land package but also the ability to add ore feed from other nearby sources while, importantly, having permit ease that others do not have and would find very difficult to abtain... Hudbay etc.

It does make sense in the context of the last presentation:

https://nevadacopper.com/site/assets/files/4209/2021-03-ncu-cp.pdf
  • From slide 2:...."Potential for district consolidation, opportunity to leverage Nevada Copper’s infrastructure as a processing hub"
  • Frome slide 15...."Nevada Copper holds permits and key infrastructure within the district • Nevada Copper’s processing capability and infrastructure is key to creating a regional copper hub, unlocking viability of other Yerington deposits"
  • From slide 16...."Strategic advantage in reemerging copper district with large copper endowment"
If anyone has more information please add to this discussion.

Cheers,
Notgnu

patchh wrote: Yes - re anaconda ore !  they simply lease the trak they are mining..  under 41 review - this would include brownfield extraction..  NCU has a permit to mine,,  the Anaconda MOU/ROD opens up terrain previously unmined - including land swaps...

the governing body for a no review enviromental assesment is the state of nevada under fast 41..  Fast 41 gives the state of nevada "interm status"  full authority including fines

Fast 41 is a lengthy document..  has a special provision for mines..  TRump funded this agency on the way out the door..  i.e. the rule was adopted..

covers only mines in capp of >200M$

Although FAST-41 may provide more timely Federal decision making with respect to a covered project, it
does not alter the “rigor” of any Federal agency's decision making, as some commenters suggest. Longer
permitting timeframes should not be confused with rigorous Federal agency decision making. Much of the
time savings associated with FAST-41 coverage has been achieved through coordinating interagency efforts,
eliminating needless duplication, and engaging agencies and project sponsors to foster improved
communication, and not through subverting applicable project review or decision-making procedures.

One commenter expressed concern that the application of FAST-41 may interfere with cooperation between
state and Federal officials with respect to review and authorization of covered projects. However, FAST-41
encourages Federal-state cooperation by providing states the opportunity to “opt-in” to the FAST-41 process
(42 U.S.C. 4370 (https://www.govinfo.gov/link/uscode/42/4370?type=usc&year=mostrecent&link-
type=html)m-2(c)(3)), and additionally requires Federal agencies to consult with states before taking certain
actions, such as establishing a covered project permitting timetable. 43 U.S.C. 4370



And the Juicy Stuff !   MINES Defined...

Proposed Definition of “Mine”
Two commenters recommended that the Permitting Council consider adopting the definition of “mine” from
40 CFR 440.132 (/select-citation/2021/01/08/40-CFR-440.132)(g), which includes land and property under
or above the surface of an active mining area that is used in, or results from, the work of extracting metal ore
or minerals from their natural deposits. The commenters' referenced definition also includes such lands that
are used for secondary recovery of metal ore from refuse or other storage piles, wastes, or rock dumps, and
mill tailings derived from the mining, cleaning, or concentration of metal ores.

The Permitting Council appreciates the suggestion, but for the purpose of adding a FAST-41 sector pursuant
to 42 U.S.C. 4370 (https://www.govinfo.gov/link/uscode/42/4370?type=usc&year=mostrecent&link-
2021-01-13, 10:08 p.mFederal Register :: Adding11 of 19
Mining as a Sector of Projects Eligible for Coverage U...
 https://www.federalregister.gov/documents/2021/01/08/2021-00088/adding-mini...
type=html)m(6)(A), the Permitting Council seeks to define “mining,” rather than “mine.” The Permitting
Council did not change the definition of “mining” in response to the comment, and believes that the
definition in the proposed rule is sufficiently broad to capture the range of mining activities intended (i.e.,
extracting ore, minerals, or raw materials from the ground).


 Through its vote to add mining as a FAST-41 sector, the Permitting Council has signaled its
willingness to assist covered mining project sponsors in resolving their complex project review process
challenges.






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