Nevada's first copper mine in a decade is set to enter production during the final quarter of this year.
Nevada Copper Mining News
The new technical report shows improved economics, simplified build and phased expansion.
Industry analysts recommend investors buy shares of companies building new U.S. copper mines, a marked change from just 12 months ago when most recommendations were to hold.
Pumpkin Hollow goes into production next year, but the underground mine is only the first phase of a planned Nevada copper operation four times the size.
Toronto-listed company's board okays construction of Pumpkin Hollow underground mine.
Matthew Gili, CEO of Nevada Copper, speaks to Maurice Jackson of Proven and Probable about the company's plans to go into production.
Nevada copper provides positive update on drill program: intersects copper mineralization in pit extension zone
Drill hole NC18-01, located in the Northern Extension Zone, intersected multiple zones of mineralization along the hole.
The company's new strategy includes a pre-feasibility study that envisions a high-grade underground mine and puts on hold development plans for the project’s larger open-pit deposit.