The Second Mine Could be Beneficial to Copper Mountain
Copper Mountain Mining closed a deal to buy Cloncurry. They’ve delivered a feasibility study on that which has potential to double production from where it is now. Finally, a single asset company like Copper Mountain benefits from the diversification. Besides, permission could be expected by 2021.
A TSX/ASX listed copper producer, developer and explorer in world class mining jurisdictions.
Copper Mountain’s flagship asset is the 75% owned Copper Mountain mine. It is located in southern British Columbia near the town of Princeton. Furthersome, the Copper Mountain mine produces over 90 million pounds of copper. It is equivalent per year with a large resource that remains open laterally and at depth. Copper Mountain also has permitted, development stage Eva Copper Project in Queensland, Australia. An extensive 397,000 hectare highly prospective land package in the Mount Isa area.
Eva Copper Project
The permitted, development-ready Eva Copper Project is 75 kilometres from the town of Cloncurry. Even it is 95 kilometres north-east of Mt Isa in north-west Queensland, Australia. Moreover, the Project is a conventional open pit with a conventional crush. Includes grind and flotation circuit. Finally, the property is accessible by air and road. It has sufficient water and power available through a 220kV powerline.
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