27 weeks to Production.
(We are already pouring gold , and high-grade copper ore before Christmas.)
Welcome to Namibia next gold, and copper mine.
At 10 grams per metric ton, this is one of the highest-grade gold, and copper mines on the planet.
Phase One will produce 30 kgs of high-grade gold, and 40 metric tons of high grade copper. At an all-in cost of less than USD $1,000 per metric ton . Delivering jobs to local Namibians, Americans , Chileans , and to top it all out our tax revenue will help countries fight the COVID-19 pandemic.
Phase One construction and operational readiness is on schedule and on plan. The gold ,and copper extraction, and processing will start up on schedule. Ore has been mined and stockpiled above-ground as mill feed. Recruiting and hiring 30 miners and technical staff, most of whom live right next door in town, is well underway.
Strategy for Phase One. Our motivation for developing Phase One is simple: to create a pre-tax cash flow stream of over2 million dollars which will fund (without dilution) robust drilling and discovery work, focused along the highly prospective 7-kilometre-long Gold Trend. Our strategy is to exponentially increase our high-grade gold, and copper resource and reserve numbers, thereby transforming Copper Mountain Corp ( CMC MINING ) into Namibia next iconic gold, and copper company.
Phase Two. Our goal for the next Phase of mining is to extract high-grade ounces of gold already drilled off in the immediate area of the Phase One mine. Our strategy is to utilize the existing Copper Mountain Corp ( CMC MINING ) Namibian Mine infrastructure and mill in order to capture potentially the higher-profit margins that result from cost efficiencies and economies of scale.
Copper Mountain Corp ( CMC MINING )Bringing gold, and copper to life in 2020.