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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 JoeStockIQon Nov 25, 2021 9:13pm
171 Views
Post# 34167202

RE:RE:Q3 financials soon

RE:RE:Q3 financials soon
TELEMARKER wrote: Processing Plant
The mill ran for 21 days in the quarter due to planned mill downtime. The grinding, flotation, thickening, and concentrate filtration circuits performed well mechanically. During Q3 2021, 60,208 tons of ore was processed with an average feed grade of 0.53% copper. The processing plant achieved a recovery rate of 85% resulting in an average concentrate grade of 21.2%. While batch processing ore through the processing plant, the Company achieved an average of 4,014 tons per operating day in Q3. Approximately 1,158 tons of concentrate was sold at a 20% average copper grade for Q3 2021. In October 2021, approximately 19,570 tons at an average grade of 0.8% were processed yielding 586 tons of concentrate at an average grade of 21%, resulting in approximately 124 tons of copper production.

248,000 pounds for October? Yikes. 
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