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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 nofluffon Aug 13, 2022 3:42pm
176 Views
Post# 34894253

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

RE:RE:RE:RE:RE:Bankruptcy, Sale or Reboot?A further thought. Without ore, the mill was worthless. With two drifts to sugar, they can mine and stockpile ore. Probably about 3000 tons per day. While they are doing that, they can proceed through unstable ground to east south east stopes. Once drift is past multiple stopes, they should mine 2000 tons per day.

That will give the mill 5000 ton per day ore. They should have a 20 day head start with sc stock ore. Plus they will have the development ore if they should have hold up. 

I expect mill to start at steady state a month after finance package. So mining sc sept 1. And full ramp oct 1. Not all that far off guidance.

nf


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