Arctic open-pit mine looks positive
Assessment demonstrates robust economics for open-cast mining of copper-rich VMS deposit; NovaCopper eyes synergies with Bornite
Last updated 8/25/2013 at Noon
A new preliminary economic assessment has stripped away the idea of underground mining as the only means to recover the copper, zinc, lead, silver and gold from the volcanogenic massive sulfide deposit at the Arctic deposit. Instead, the scoping study has encouraged NovaCopper Inc. to favor an open-pit mine scenario as it advances the Northwest Alaska project towards a pre-feasibility study.