Crown Mining Applies for Drill Permit at Moonlight
Copper is enjoying a bit of a run with the spot price hovering at just less than $3.00 a pound.
Copper is enjoying a bit of a run with the spot price hovering at just less than $3.00 a pound.
Over at the Visual Capitalist, Jeff Desjardins has a fact filled infographic up on copper. More specifically, the fact that copper demand is going to soar in the face of the need to build grid capacity, power electric cars and generally move towards an all electric future.
Whenever a company comes out with a PEA I always look at the CAPEX first. The fact is that, regardless of the size of the resource, the estimated mine life or the internal rate of return, the CAPEX number gives a good first approximation of whether a project is actually feasible.
Crown Mining Corp. (TSXV: CWM) (“Crown” or “the Company”) is pleased to report strong results of the Preliminary Economic Assessment (PEA) completed by Tetra Tech, regarding the Company’s Moonlight Copper Project located in Plumas County, California, USA.
Propose that I offered you an option on billions of pounds (maybe more) of copper with a delivery date six to ten years from now. What would that be worth?
Crown Mining Corp., (TSXV: CWM) (“Crown” or the “Company“) is pleased to announce that it has retained Tetra Tech to complete a Preliminary Economic Assessment (“PEA”) on its 100% controlled Moonlight-Superior Copper Project in Northeast California.