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US Copper Commences Metallurgical Studies on Its Moonlight-Superior Copper Project
Newsfileยท 2025-09-03 21:41
Core Viewpoint - US Copper Corp. has engaged Libertas Metallurgy Limited to review metallurgical work and provide recommendations for the Pre-Feasibility Study at the Moonlight-Superior Mining property in California [1][4]. Company Overview - US Copper controls approximately 10 square miles of mining claims in the Light's Creek Copper District, containing substantial copper and silver resources across three deposits: Moonlight, Superior, and Engels [7]. - The company has advanced the Moonlight project since acquiring it in 2013, conducting multiple drill programs and engineering studies [10]. Metallurgical Consulting Engagement - Libertas Metallurgy, founded in 2017, specializes in metallurgical consulting services, focusing on flotation, leaching, process design, and cost reduction [2]. - The engagement will involve reviewing existing metallurgical work, determining additional drilling needs, guiding sample selection, designing the metallurgical testwork program, and issuing RFPs to laboratories [8]. Project Development and Economic Assessment - In January 2025, US Copper released updated results from its Preliminary Economic Assessment (PEA), reporting an after-tax NPV of US$1.075 billion and a life of mine production of 1.8 billion pounds of copper [5][11]. - The PEA included a new mineral resource estimate based on recent drill programs, with indicated resources totaling 402.83 million tons at a copper grade of 0.31% [11][16]. Industry Context - The USA government recognizes copper as a critical mineral essential for various energy technologies, emphasizing the need for a strong domestic copper supply [6].