Copper Investing News » Nevada Copper Publishes PEA

Nevada Copper Publishes PEA

January 14, 2010 @ 1:25 pm In Copper Company News

Nevada Copper ^[1] (TSX: NCU) announced today that the Preliminary Economic Assessment for the Pumpkin Hollow copper project has been submitted to SEDAR. The report can also be found on the company web site ^[2].

The PEA shows a reduction of capital costs of 25% and is based on copper prices ranging from $2 to $3 per pound. Highlights include:

NPV up to $784 Million
IRR up to 60%
Cash cost of $1.06/lb net of credits

Click here for the full press release ^[3].

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URL to article: http://copperinvestingnews.com/1775/nevada-copper-publishes-pea/

URLs in this post:

[1] Nevada Copper: http://copperinvestingnews.com/155/nevada-copper-corp-%e2%80%93-developing-nevada%e2%80%99s-next-major-copper-mine/

[2] company web site: http://www.nevadacopper.com/i/pdf/Pumpkin_Updated_PEA_01_12_10.pdf

[3] Click here for the full press release: http://www.marketwire.com/press-release/Nevada-Copper-Files-NI-43-101-Preliminary-Economic-Assessment-TSX-NCU-1101669.htm