MINTO MINEMinto Mine - Yukon Copper, Gold, Silver mine.
Few years back sold for -
$20 million 2007 - 2011 Minto Stats The resource has been significantly expanded over the years. The principal resource is Minto main deposit. It lies immediately north of two deposits, Area 2 and Area 118, which are continuous and often considered as one deposit. The Minto north deposit lies about 700m north of the Minto main deposit. In 2009 the most recent resource, Minto east was discovered.
The Phase V PFS estimated the proven and probable reserves to be 12.9Mt graded at 1.53% Cu, 0.60g/t Au and 5.2g/t of Ag.
According to the August 2010 reserves estimates, the mine hosts measured and indicated reserves of 34.3Mt graded at 1.09% Cu, 0.39g/t of Au and 3.8g/t Ag. The inferred reserves are estimated at 6.5Mt graded at 0.9% Cu, 0.3g/t of Au and 3.1g/t Ag.
https://www.mining-technology.com/projects/mintomine/ Minto's up for sale Status of file as of August 28, 2023 PricewaterhouseCoopers Inc., in its capacity as Court-Appointed Receiver of Minto Metals Corp. is seeking offers for the assets, undertakings and property of Minto Metals Corp. A copy of the Sales and Investment Solicitation Process is included in the “Sales Process” tab above. All future publicly available information related to the Sales Process will be included in this area. The Receiver will be accepting indicative offers from qualified bidders until October 6, 2023. Is NCP awake ?
Imagine if a decent pfs was released creating a better valuation ?
Share $$$ purchasing power.
Too bad ncp didn't use Ausenco,Engineering.
Offers for the mine close - Oct 06 2023
Mine permits = invaluable
Timing is everything.