Nevada Copper Corp NEVDQ

Industrials Conglomerates

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.

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Nevada Copper Corp

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Post by bogfiton Dec 14, 2021 1:53pm

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Post# 34229794

Filo mining should be called Fido - 'cuz it's a dog.

"The climate is cold and windy, typical of the high Andes. The exploration field season runs from October to April and requires the presence of a bulldozer all season in case of sudden snowfalls. The project could be kept open all year if 2 to 3 bulldozers were kept working, but low temperatures make it difficult to work in the winter months.

Field work is based out of a camp located approximately 20 kilometres from the project in Argentina. The camp can accommodate approximately 120 people. The site is remote and, other than road access, there is no infrastructure available.

Elevations on the property range from 3,800 to 5,400 metres above sea level. The mountains are generally not rugged and vehicle access is possible to most of the property. Vegetation is almost entirely absent in the area."

Filo Mining Corp. | Project Overview (filo-mining.com)

I estimate the property is approx. 700 miles from Chile's top copper shipping port at Mejillones, the first 100 miles in steep terraine lacking road improvements.

The project has no proven reserves and only a couple million pounds of probable according to an old tech report which they haven't updated in three years.

Poor grades!

Hole FSDH046, which confirmed strong mineralization to over 1,400m below surface and returned the longest mineralized intersection at the project to date being 1,378m at 0.71% CuEq (0.45% Cu; 0.29g/t Au; 6.1g/t Ag) from a depth of 77.7m, including 676m at 0.92% CuEq (0.57% Cu; 0.34g/t Au; 11.3g/t Ag) from a depth of 380m;
Hole FSDH049, which returned 425.3m at 1.55% CuEq (0.42% Cu; 0.44g/t Au; 91.5g/t Ag) and intersected the highest-grade silver intersection on the project to date, with 4m at 5,045.0 g/t Ag from a depth of 236m contained within a broader silver interval of 56m at 629.1 g/t Ag from a depth of 228m; and
Hole FSDH051, which was the most northerly hole drilled into the deposit to date, returned 344.0m at 0.50% CuEq (0.26% Cu; 0.21g/t Au; 9.4g/t Ag) from 246m, extending the mineralized zone by 750m to the north, bringing the north-south strike of continuous mineralization to 4,500m.

Filo Mining Reports Q3 2021 Results; Ramps up to Five Rigs at Filo del Sol | 2021-11-12 | Press Releases | Stockhouse

We have seen recently a move in Chile to conserve water and operating mines are now being required to desalinate ocean water so it is a major additional expense. Perhaps that explains why so little has been done to develop this property.

Beware those pumpers who mislead fellow investors for their own gain. You know that when anyone tells you to only beleive him, he's probably going to try to sell you something.

b.