Exploration / Development > Feasibility

Nevada Copper's Pumpkin Hollow do-over

Nevada Copper (CN:NCU) is taking another stab at developing its Pumpkin Hollow copper deposit, with a pre-feasibility study that envisions a high-grade underground mine and leaves the project’s larger open-pit deposit for another day.

Cameron French in Toronto

Exploration / Development > Feasibility

Nevada Copper's Pumpkin Hollow do-over

Nevada Copper (CN:NCU) is taking another stab at developing its Pumpkin Hollow copper deposit, with a pre-feasibility study that envisions a high-grade underground mine and leaves the project’s larger open-pit deposit for another day.

Cameron French in Toronto

Nevada Copper's Pumpkin Hollow do-over

Nevada Copper's new Pumpkin Hollow PFS envisions a 5,000tpd operation

The new study should be considerably more palatable to shareholders than Nevada Copper's last take on the Yerington, Nevada-located project, which was a 70,000 tonnes per day integrated underground/openpit operation with a US$1 billion initial price tag and an after-tax internal rate of return of 15.6%. Released in May 2015 as copper prices were in free fall, it went over like a lead balloon.