Nevada Copper Announces Positive Feasibility Study Results for Stage 1 Underground Mine
Nevada Copper Corp. (NCU.TO) has filed its National Instrument 43-101 Technical Report Feasibility Study for its 100% owned Pumpkin Hollow Copper project located near Yerington, Nevada.
Highlights of the Feasibility Study (in US$):
The project development consists of a 6,500 ton-per-day underground operation at the East deposit, feeding a single 6,500 ton-per-day concentrator located near the East shaft;
First production targeted for early 2015, with an initial mine life of 12 years;
Proven and Probable Mineral Reserves (East deposit only): 823 million pounds of copper and 220,765 ounces of gold and 4.7 million ounces of silver;
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