Nevada Copper Corp. (TSX: NCU) provided on Tuesday a series of operations update at its Pumpkin Hollow project. The firm affirms it is on track to advance over 1,100 lateral equivalent feet of development in December.
“The company continues to build on the operational improvements achieved over the past two quarters, providing further acceleration to the development and production ramp-up,” said CEO Randy Buffington.
At this rate, the company believes it is still on track with its plans to mine Sugar Cube in Q1 2022.
The copper firm said the development at the property “is running at the highest rate for 2021.” Two additional bolters and the final package delivery of ventilation fan infrastructure are expected to arrive in January 2022.
Nevada Copper last traded at $0.07 on the TSX.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
