Log In

Don't have an account? Sign up

US Copper Corp. (USCU) Economic Study

TSXV: USCU · Copper · Advanced Exploration stage

US Copper controls approximately 10 square miles of patented and unpatented federal mining claims in the Light's Creek Copper District in Plumas County, NE California; essentially, the entire District. The District contains substantial copper sulfide and copper oxide resources in three company-owned deposits - Moonlight, Superior and Engels, as well as several partially tested and untested exploration targets. The Superior and Engels Mines operated from about 1915 to 1930 producing over 161 million pounds of copper with silver and gold credits from over 4 million tons of rock containing 2. 2% copper. The Moonlight deposit was discovered by Placer Amex during the 1960s and a resource was calculated after the drilling of over 400 holes. A development decision was made but then put on hold in 1972 when copper prices were weak. US Copper has owned the Moonlight-Superior Project since 2013 and has advanced it with three different drill programs and a number of engineering studies. US Copper recently reported an after-tax NPV of US$1. 075 billion in a Preliminary Economic Assessment ('PEA') prepared by Global Resource Engineering Ltd ('GRE') dated Dec 16, 2024 with a life of mine production of 1. 8 billion pounds of copper (See news release dated Jan 6, 2025). GRE calculated a new mineral resource for the purposes of this PEA that included all recent drill programs on the property.

US Copper Corp. economic studies

No economic study (PEA, pre-feasibility or feasibility) is on file for US Copper Corp..

Related lists

Browse MineTerminal Pro

Explore mining stocks: Gold stocks Copper stocks Silver stocks Lithium stocks Uranium stocks Nickel stocks Canada British Columbia United States Ontario Quebec Insider buying Top drill results All lists