Nevada Copper Corp. is pleased to provide additional details on the previously announced award of a 66,000-foot underground lateral development contract with US-based Small Mine Development, LLC (“SMD”). SMD began mobilization activities on May 10, 2023.
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Base metals developer Nevada Copper has announced a significant financing package to ramp up its Pumpkin Hollow underground mine, where mining activities were suspended last year owing to liquidity challenges.
The $115-million financing package will be used to accelerate the development of the mine with the goal of achieving a nameplate production capacity of 5 000 t/d by the end of the year.