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 > In Default

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Post by MarkAbleon Aug 08, 2022 10:21am

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Post# 34878530

In Default

Today - Nevada Copper said it has not made payments due to certain creditors and vendors while it is in default of its obligations under certain financing agreements and other contractual arrangements.

I've seen this before with other mining companies and the outcome wasn't good for investors.

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