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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

Post by canoeheadon May 18, 2021 11:05am
129 Views
Post# 33221827

Processing looks good

Processing looks goodRelatively new here. Thanks to the top contributors on the board for laying out in clear terms the potential numbers for NCU at full production down the road.
I did a calculation extrapolating on what they processed in Q1 and taking the March averages as a steady state, they are now up to 6M lbs./quarter. Does that jive with others calculations?
I assume the ore they are processing is from the past mine workings and this will improve as the new ore comes on stream at 2.5% grade. Correct?
GLTA
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