(NewsDirect)
Idaho Copper (OTC:COPR) Chief OperatingOfficer Andrew Brodkey speaks to Thomas Warner from Proactive progresson what he describes as one of the largest undeveloped copper projectsin the Americas and the world's biggest undeveloped molybdenumproperty.
He explains that thecompany's Project is located near Boise, Idaho, a region known forits mining-friendly policies and substantial workforce. With over 4billion pounds of copper, 1.6 billion pounds of molybdenum, and 180mlnounces of silver in measured and indicated resources, the projectshows immense potential.
Furthermore, Brodkey discussed technological advancements, likeore sorting, which could significantly enhance the project'sefficiency and reduce capital costs from $3 billion to under abillion.
Brodkey anticipates a substantial increase in theproject's net present value, previously estimated at $356 millionover a 30-year mine life. The updated preliminary economic analysis,expected in mid-2024, is likely to reveal the project's enhancedvalue.
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