Idaho Copper Corp COPR

Idaho Copper Corporation is a mineral exploration and development company. The Company is focused on exploring and developing copper-molybdenum-silver deposit in Idaho (United States) (the CuMo project). The CuMo project consists of one hundred and twenty-six (126) federal unpatented lode mining claims, and six patented mining claims. In total, the project comprises approximately 2,640 acres. The unpatented lode mining claims and patented claims are situated in an unorganized mining district in Boise County, Idaho spanning Sections in Township 7N and 8N, Range 5E and 6E, Boise Meridian. The CuMo deposit is situated within the Idaho batholith and is part of a regional scale belt of porphyry and related deposits identified as the Idaho-Montana Porphyry Belt.

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Idaho Copper Corp > The resource was down graded

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Post by babymineson May 22, 2023 4:29pm

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The resource was down graded

The reSource was down graded to 385 million down from 16 billion. The mine life was reduced from 100 year mine life to 35 years. This is stated in Cumo news release. 100 million to set up mine. So 285 million over 35 years and the operating cost per is not stated.

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