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Nevada Copper Corp.
Summary
| Project: | Pumpkin Hollow | |
|---|---|---|
| Deposit: | Pumpkin Hollow | |
| Location: | United States | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 4/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 16-4-2019: Nevada Copper Corp. announces a Pre-Feasibility Study report for its Pumpkin Hollow deposit at the Pumpkin Hollow project. Updated pre-feasibility study for open pit or a underground operation at Pumpkin Hollow. Substantial exploration activity | |
| Resources: | ||
| CP/QP: | [Resources]: Ronald Turner (Golder Associates) | |
| ABSTRACT: | Substantial exploration activity has been carried out on the Pumpkin Hollow Property land holdings and surrounding areas since the initial discovery by the U.S. Steel Corporation (USS) of high grade iron skarn mineralization and later copper mineralization. From 1960 to present, 1,224,253 ft has been drilled for 826 drill holes. This drilling has been undertaken by USS, Anaconda Corporation (Anaconda), Conoco Inc. (Conoco), Plexus Resources Inc. (Plexus), Cyprus Metals Exploration Corporation (Cyprus), International Taurus Resources Inc. (Taurus) and now by Nevada Copper. Nevada Copper gained ownership of the Pumpkin Hollow Property in 2006. In June 2006, a Mineral Resource estimate was disclosed for the Property. The 2006 Mineral Resource estimate was based on all drill hole and geological data collected through the year 1999. Since October 2006, Nevada Copper has drilled over 600,000 ft of resource, hydrologic and geotechnical drill holes with the objective of advancing the potential mine development options. In addition, Nevada Copper initiated a program to assay and re-assay selected historic core and drill rejects for copper, gold, silver, and molybdenum. Traditionally, previous operators had not always assayed for gold, silver and molybdenum, and some core with visible chalcopyrite had not been assayed, even when within the limits of projected mining boundaries. Nevada Copper has completed several drill programs since 2006. The drilling has been considered successful in achieving its objectives of expanding the resource base and upgrading the mineral classifications. | |
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