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

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Post by rickwayne1982on Aug 31, 2024 10:28am

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Post# 36203930

Price support to backstop critical minerals projects

This Pumpkin Hollow Asset is serious business for the USA. If the Biden admin can intervene to potentially offset market price plunges for critical metals, what could they have in mind for this bidden/bidding process to ensure a US miner/entity keeps the copper in USA?

"In an effort to support US critical minerals projects, the Biden administration is considering market intervention to counter the crash in prices of lithium and other key minerals caused by overflow of supply from China, POLITICO reported this week."

https://www.mining.com/biden-administration-considering-price-support-to-backstop-critical-minerals-projects/

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