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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.W.C | NEVDF

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.


TSX:NCU - Post by User

Comment by westcoast1000on Aug 13, 2022 1:03pm
145 Views
Post# 34894051

RE:RE:RE:Bankruptcy, Sale or Reboot?

RE:RE:RE:Bankruptcy, Sale or Reboot?NF,

Your comments about the sugar cube access is important. They seem to be making good lateral advances, and have crossed the dikes effectively. The latest underground problem was on the incline to the next high grade area with unstable rock. So they are making progress. Getting new contactors, and Wood engineers to address these issues will keep the process going.

In the end, the collateral is in ground and the infrastructure to extract and process the ore. They are making good progress. I think lenders will be ready, both kfw and triple flag. Pala will also get a bit more of the mine.
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