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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 nofluffon Oct 04, 2021 3:55pm
298 Views
Post# 33962090

longstope date

longstope dateI do not know if the top drift can longstope once they r through ore body.
I would think they can, otherwise bottom drift would habe been 1rst.

Lets say they hit guidance of 3000 tons per day hoist q4. So u have bottom low grade lateral ore mixed with se 1.5% short stope and maybe 2% longstope. So lets guess 1% ore. 3000 ton per day is 60 thousand pounds times 5 cad copper for 300 thousand dollars per day. Ten million per month.

That is profitable. So why the need for cfx interest deferal?? They want ncu to get satelites and open pit going.

This is no small calc.

nf
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