Idaho Copper has recently hired three mining consulting and engineering firms to commence comprehensive core scanning and ore sorting programs designed to result in an updated preliminary economic assessment (PEA) for its copper-molybdenum-silver deposit in Idaho.<\/p>\n\n\n\n
\n\u201cWe are pleased to continue technical work for the CuMo project, and our goal is to have updated results to share with the public within six to nine months of commencing this work,\u201d said CEO Steven Rudofsky.<\/p>\n<\/blockquote>\n\n\n\n
Idaho Copper signed agreements with MineSense for bucket-level ore sorting testing; Veracio for core scanning; and SGS Bateman to complete metallurgical testing and to be the lead author on the PEA report update.<\/p>\n\n\n\n
COO Andrew Brodkey added, \u201c[The company] anticipates that the application and testing of the MineSense bucket level technology for material from the CuMo project will produce enhanced waste separation and allow the company to design a much smaller concentrator at a greatly reduced initial capital cost and operating cost, compared to the numbers released in our last PEA in May of 2020.\u201d<\/p>\n\n\n\n
The CuMo project currently consists of 126 federal unpatented lode mining claims, and six patented mining claims. In total, the project comprises approximately 2,640 acres in an unorganized mining district in Boise County, Idaho.<\/p>\n\n\n\n