OTCPK:CPPMF - Post by User
Post by
downwithdotcom1on Dec 17, 2021 3:24pm
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Post# 34241839
How about fast-tracking their New Ingerbelle project???
How about fast-tracking their New Ingerbelle project???Why not fast track New Ingerbelle?? dwdc
This deposit is situated one kilometre from the main active mining area of the Copper Mountain Mine, located in southern British Columbia , near the town of Princeton.
New Ingerbelle is a past-producing open-pit mine discovered and developed in the late 1960s, with mining occurring between 1972 and 1996. Copper Mountain renewed exploration drilling in 2017 and 2018.
latest quote from the CEO sept 2021 see below...
Copper Mountain Announces Continued Positive Drill Results at New Ingerbelle, Doubles Vertical Extent of Mineralization
These results confirm our view on New Ingerbelle that there is huge reserve growth potential,” commented Gil Clausen , Copper Mountain’s President and CEO. “The deposit continues to get bigger and better with drilling. We have already doubled the depth of the mineralization and extended it along strike, yet the deposit remains open. The results validate our belief that there is a high potential to substantially increase the Mineral Resources and Mineral Reserves at our BC operation. More drilling remains to be done at New Ingerbelle, the north pit, and the main pit, and the Company plans to continue to drill for the remainder of this year and into 2022.”