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Mining News Pro - Copper Mountain Mining Corp has filed a technical report on the feasibility study for its Eva copper project prepared in accordance with NI 43-101. The Eva Copper Technical Report is in support of the company’s October 1, 2018 news release announcing the feasibility study results on the project.
According to Mining News Pro -Copper Mountain Mining Corp has filed a technical report on the feasibility study for its Eva copper project prepared in accordance with NI 43-101. The Eva Copper Technical Report is in support of the company’s October 1, 2018 news release announcing the feasibility study results on the project.
The company has also filed a technical report on its Copper Mountain mine prepared in accordance with NI 43-101. The CMM Technical Report is in support of the company’s October 1, 2018 news release announcing an updated Mineral Reserve and Mineral Resource estimate for its CMM. The Technical Report also includes the PEA for the New Ingerbelle project. Copper Mountain has corrected the CMM Measured and Indicated Mineral Resource in the CMM Technical Report to 323 Mt grading 0.26% Cu, 1.05 g/t Ag and 0.08 g/t Au for 1,820 Mlb of copper, 10.9 Moz of silver and 0.87 Moz of. CMM’s Mineral Reserves and life of mine production plan remains unchanged.
Copper Mountain’s flagship asset is the 75% owned Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces about 90 Mlb/y of copper equivalent with a large resource that remains open laterally and at depth. Copper Mountain also has the permitted, development stage Eva copper project in Queensland, Australia and an extensive 4,000 km2 highly prospective land package in the Mount Isa area. The project is envisioned to be a conventional open pit with a conventional crush, grind, flotation circuit. The property is accessible by air and road and has sufficient water and power available through a 220 kV powerline.
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