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 > NCU Mining Operations - Overview Presentation

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Comment by mckayk3on Aug 22, 2023 7:22am

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Post# 35599353

RE:RE:NCU Mining Operations - Overview Presentation

Best estimate is in the PFS

NI 43-101 TECHNICAL REPORT Nevada Copper Corp., Pumpkin Hollow Project,
Open Pit and Underground Mine Prefeasibility Study Effective Date: January 21, 2019

See 21.1.7 Operating Cost Estimate

LOM Operating Cost $/st Ore Milled (Owner Miner)

Mining 27.20
Producing 12.65
General & Adminstrative 3.98
Total 43.83 $/st

Profit (Revenue - Costs)
Revenue = 5000tpd * 2000lb/ton * $3.5$/lb * 1% Cu = $350k/day * ~$127M/year.
Costs = 5000tpd * 43.83 $/st = $219k/day operating costs ~ $80M/year

Net = $47M/year

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