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Low-risk copper & gold growth at its mine in British Columbia
The Copper Mountain mine is the Company’s flagship asset. Further, it's located in southern British Columbia and produces approximately 90 million pounds of copper equivalent per year. With a modest mill expansion and integration of New Ingerbelle, the Copper Mountain is expected to have a 31 year mine life and produce an average of 116 million pounds of copper equivalent per year.
Additionally, the Company is on a path to more than triple its 2019 production with its Australian project. Copper Mountain has a robust development organic growth pipeline, which includes the development-ready Eva Copper Project in Queensland, Australia. Moreover, based on the 2020 Feasibility Study, Eva Copper is expected to add approximately 106 million pounds of copper equivalent per year on average over its 15 year mine life.
The project is envisioned to be a conventional open pit with a conventional crush, grind, flotation circuit. The property is also accessible by air and road and has sufficient water and power available through a 220kV powerline.
For more information on Copper Mountain Mining Corporation (TSX: CMMC, ASX: C6C) please fill out the form below.
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