GREY:NEVDQ - Post by User
Comment by
Notgnuon Dec 09, 2021 1:49pm
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Post# 34215364
RE:RE:update
RE:RE:updateAccess to the Sugar Cube Zone is not contingent on the second dike crossing. That crossing is for new access 70 feet below the current level.
SC zone is in the North NothEast area and is awaiting progress (in terms of feet per day) of lateral development. Lateral development rates appear to be increasing a lot but not fast enough to mine the SC zone for the christmas dinner.
GillRipper wrote: It's December 9th by my Calendar, still time to execute on time IMO but no biggie for this punter.
Second crossing is "anticipated" to occur later this year.
Dec 2021 ain't in the rear view mirror just yet NF.
Btw, Sugar Cube "planned" to be drilled in December.
More RSU's, performance units, options etc need to be allocated which AS YOU KNOW generally suggests bottom is in or damn close!
I'm hoping for a little more carpet bombing and snapping up some paper in the 40's.
Buy and hold is right IMO!
Kind Regards To All
Gilly
Nevada Copper's Pumpkin Hollow mill ops at 4,700 tpd
2021-12-09 09:57 ET - News Release
- Dike crossing completion: First crossing of the water bearing dike was completed in August 2021, and the second crossing is anticipated to occur later this year. No further crossings are required during the ramp up to 3ktpd expected in H1, 2022;
Nevada Copper to start Sugar Cube drilling in December
2021-11-30 18:48 ET - News Release
The high-grade Sugar Cube zone is planned to be drilled in December, and mining is expected to commence in early Q1 2022. This will be the first stope mined in the East North orebody, which is expected to have higher-quality ground conditions and significantly larger stope sizes.