Nevada Copper has shipped the first copper concentrate from it’s Pumpkin Hollow project at Yerington, Nevada. Production commenced at its processing plant on December 16 and the copper miner plans to ramp it up to full commercial production capacity by the first half of 2020.
The company recently announced that it anticipates 29,483mt of equivalent copper production with strong prospects for further expansion at the Pumpkin Hollow project. Following the increased activity, the projected all-in sustaining costs are calculated at $1.86/lb. At current reserves, Nevada Copper has projected the mine’s lifespan at 13.5 years with a further 288,485mt of inferred resources during this time period.
The Pumpkin Hollow project is located in Nevada and has substantial reserves and resources including copper, gold and silver. The mine’s two fully permitted projects include the high-grade underground mine and a large-scale open pit project which is advancing towards feasibility status.