Nevada Copper Corp. (TSX:NCU) reported on the status of the development and operational permits for its Pumpkin Hollow project. The Company also commented on the status of the current feasibility study engineering work.
As quoted in the press release:
Planning and permitting for both the larger Integrated Operations and Phase 1 Stand-Alone Underground Mine were submitted to the Nevada Division of Environmental Protection (“NDEP”) in July 2012. Additional information was requested by NDEP and is being developed in consultation with NDEP.
Dependent on the timing and outcome of the land legislation, Nevada Copper will be able to develop either scenario. If the land transfer is successful the company would expedite the development of the larger project. If the land transfer is delayed it would develop the smaller project entirely on private state land on a staged basis followed by the larger operation.
| Updated December 2015
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