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Copper Mountain Mining Corp.
Summary
| Project: | Eva | |
|---|---|---|
| Deposit: | Eva | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 5/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 7-5-2020: Copper Mountain Mining Corp. announces a Feasibility Study report for its Eva deposit at the Eva project. Feasibility Study results incl. post-tax NPV (8%). The Eva Copper Project (the Project) is 100% owned by Copper Mountain Mining Corporation | |
| Resources: | (Reserve, P+P): 171Mt @ 0.46% Cu, 0.05g/t Au | |
| CP/QP: | [Resource]: Peter Holbek (Internal) | |
| ABSTRACT: | The Eva Copper Project (the Project) is 100% owned by Copper Mountain Mining Corporation (CMMC, or the Company) through a wholly-owned subsidiary Copper Mountain Mining Pty. Ltd. (CMMPL). The Project is in North West Queensland, approximately 76 kilometres (km) northwest of Cloncurry, and 194 km northeast of Mount Isa. The Eva Copper Project is anticipated to mine 170 million tonnes (Mt) of ore and 381 Mt of waste from seven open pit deposits, with a minimum projected mine life of 15 years. The seven deposits in order of size are Little Eva, Blackard, Scanlan, Turkey Creek, Lady Clayre, Bedford, and Ivy Ann. Mineral Reserves will be mined using conventional earthmoving equipment, and will be hauled to a processing plant by way of haul roads from each pit. Waste material will be stacked in waste dumps adjacent to each pit, except for some material that will be used to construct the tailings storage facility (TSF) and bund walls around the open pits. The processing plant will process 11.4 million tonnes per annum (Mt/a), operating at 31,200 tonnes per day (t/d), through a conventional crushing, high pressure grinding rolls (HPGR), milling, gravity, and flotation plant, for the fifteen-year life-of-mine (LOM) duration. | |
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