A differential sulphide flotation plant and regent system, laboratories, a tailings management facility, an underground mine, connection to the hydro grid, and a water supply for operations are included.
Canadian Copper has agreed to pay approximately C$6.2 million for the fully permitted complex, consisting of a C$225,000 deposit, half of which is refundable against the purchase price. The transaction is scheduled to close next July.
Simon Quick, CEO of Canadian Copper, hailed the agreement, stating that “the proposed transaction creates important synergies for Canadian Copper.”
“By integrating our large Murray Brook deposit with an already permitted and constructed Caribou complex that operated as recently as August 2022, we aim to significantly reduce the schedule, capital cost, and permitting time required to produce copper, zinc and lead concentrate from Murray Brook,” he said.
The company has…
