Nevada Copper Announces Restart Plan And Significant Proposed Financing Package
08/26/22, 12:59 AM
Location
vancouverIndustry
food and beverage
Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is pleased to announce that it has agreed to non-binding terms with its key financing partners to provide up to US$93 million of liquidity to the Company in order to support the restart and ramp-up of the Company’s Pumpkin Hollow copper mine (the “Underground Mine”) located in Yerington, Nevada. The Company also announced the key components of its newly developed restart plan for the Underground Mine.
Company Info
Location
e pursel lane
vancouver, washington, united states
Additional Info
Nevada Copper (TSX:NCU) owns Pumpkin Hollow, a copper mine that aims to continue on commencing to full production. Located in Yerington, Nevada (USA), Pumpkin Hollow is host to an underground development and an open pit development. The project’s substantial reserves and resources include copper, gold and silver and the district of Yerington is host to multiple other, undeveloped deposits. With global mine supply declining and demand increasing, this is the right project at the right time.