https://www.miningweekly.com

Kutcho kicks off feasibility study for BC copper/zinc project

19th November 2020

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

TSX-V-listed Kutcho Copper has begun work on a feasibility study for its high-grade Kutcho copper/zinc development project, located in north-western British Columbia. 

CSA Global Consultants Canada will lead the feasibility study and will be supported by a team of resource, geotechnical, environmental, metallurgical, processing and mining consultants. 

“With a significant amount of preliminary work already completed, and now the selection of CSA Global to lead the feasibility study, we look forward to an efficient and timely process in completing the next significant milestone in the life cycle of the Kutcho project,” states president and CEO Vince Sorace.

The feasibility study should be completed in the second quarter of 2021.

Kutcho completed a prefeasibility study in 2017 that demonstrated positive economics with an aftertax net present value of C$265-million and an internal rate of return of 27.6%. The mine will operate for 12 years at a 2 500 t/d production rate for total life-of-mine payable production of 378-million pounds of copper and 473-million pounds of zinc. On average, the mine will produce 33-million pounds a year of copper and 42-million pounds a year of zinc.

The company completed the acquisition of the project in December 2017 with the support of Wheaton Precious Metals, involving a staged financing package of over $100-million.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION