In June 2020, Idaho Copper Corporation announced its results of an updated independent resource calculation. Most notable are a new measured category and substantial increases to the silver, copper and tungsten measured and indicated estimates. The new estimate covers only approximately 60% of the mineralizing system’s footprint identified to date.
(Source: Resource Tables from SRK 2020 Preliminary Econmic Assessment & Ni 43-101 Techncial Report for the CuMO Project, USA. RCV is Recovered Metal Values and is based on the prices of: Molybdenum oxide $10/lb, Copper $3.00/lb and Silver $12.50/ ounce.)
1 For details see section on mineral processing and metallurgical test SRK 2020 report.
