The Conversation (0)
Nevada Copper (TSX:NCU) has filed the NI 43-101 Technical Report Feasibility Study for its Pumpkin Hollow Copper project on SEDAR. The Feasibility Study confirmed that constructing and operating an underground Stage 1 mine development on the East deposit is financially and technically viable.
As quoted in the press release:
The Feasibility Study confirms the technical and financial viability of constructing and operating an underground Stage 1 mine development of the East deposit, with ore hoisted to surface by way of a 24 foot diameter production shaft to an associated 6,500 ton per day processing facility. The mine development footprint is confined to patented private claims and requires only Nevada State permits – no Federal permits are required. These State permits are expected to be issued in early 2013.
Click here to read the Nevada Copper (TSX:NCU) press release