Nevada Copper Corp NEVDQ

Metals & Mining Copper

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 > The PH site has a number of Assets:

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Comment by Notgnuon Apr 10, 2022 12:31am

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Post# 34591452

RE: The PH site has a number of Assets:

The iron would require a separate curcuit and is not likely economic at this scale. Perhaps with the open pit and perhaps with higher iron prices. Anyway, $5.00 to $6.00 copper is interesting (as per Goldman... not me.)

Let's get 5,000 tpd (and then 6,500 tpd) going = about 60 to 70 million pound copper per year.

= about $200 million in free cash flow (plus an increase in the value of the OP property :))

Rock... be kind to ole' Uncle Iorich now.

N

rockhound3 wrote:
We know about the copper and the PM
What seems to have disappeared is the very significant amount of iron/magnetite which is a by product however it isnt clear if it is being collected or if is even being separated for possible sale at a future date?
The issue is likely the cost of transportation to get this material to a steel mill? And thus does it make sense to spend the $ to even separate the material?
One of the other pluses of PH is the sunlight and thus the potential for the production of electricity!?

The unfortunate aspect is that NCU lacks the leadership to tackle any of the new opportunities with decisions coming from inexperienced PALA employees whose decisions most likely are overridden by VLAD who no doubt has personal concerns about his future in the West as he tries to keep his Russian friends happy as they hold on to their little empires which are at risk!

Do we really think that PALA will be able to hold on to NCu?

not likely and the true hope is that PALA IS working on A DATA ROOM so that the highest price can be obtained when PALA sells and VLAD retreats to Moscow.

The minority will benefit when PALA sells its control in NCU = the sooner the better!

Rock