For thousands of other reports visit RSC's Mineral Intellingence Map
Crown Mining Corp.
Summary
| Project: | Moonlight-Superior | |
|---|---|---|
| Deposit: | Moonlight | |
| Location: | United States | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 3/2/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-3-2018: Crown Mining Corp. announces a PEA report for its Moonlight deposit at the Moonlight-Superior project. Updated resource and PEA results incl. post-tax NPV(8%) of $179M, IRR of 14.6%. March 02, 2018 - TORONTO, ONTARIO- Crown Mining Corp. (TSX VEN | |
| Resources: | ||
| CP/QP: | [Resources]: Donald E. Cameron (Cameron Resource Consulting) | |
| ABSTRACT: | March 02, 2018 - TORONTO, ONTARIO- Crown Mining Corp. (TSX VENTURE:CWM) (“Crown” or “the Company”) is pleased to report strong results of the Preliminary Economic Assessment (PEA) completed by Tetra Tech, regarding the Company’s Moonlight Copper Project located in Plumas County, California, USA. The PEA was prepared under National Instrument 43-101 standards by independent consultant, Tetra Tech, and the full technical report will be filed on SEDAR within 45 days of this news release. The Company also engaged Cameron Resource Consulting, LLC (CRC) for the resource modeling. Crown’s President & CEO, Stephen Dunn commented: “The Company is very encouraged with the results of the PEA as they support the concept that the Moonlight Project can be developed as a profitable mining operation at current copper prices.” “The current study only focuses on the Moonlight deposit and does not factor in the other two deposits or the several untested exploration targets on our property. Additional exploration success at Moonlight and the inclusion of these other deposits could have a significant influence on the size, value and timing of the overall development plan as we move forward.” “We are also very excited with the potential for job opportunities for Plumas County and surrounding regions. The PEA estimates approximately 330 year round jobs will be created during mine operations. This will be an important economic boost for the local communities near our property that currently have limited opportunities for long term employment.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report