Idaho Copper Project

In 2013, Idaho Copper (formerly CuMoCo) established an Idaho-based corporation named Idaho CuMo Mining Corporation (ICMC). The Idaho-based team is credited with successfully moving the Project through the Supplemental Environmental Assessment that concluded in October 2015 with a Finding of No Significant Impact and Decision Notice issued by the U.S. Forest Service (USFS) for its drilling permits. Idaho Copper has continued to progress the Project through several court challenges, and is currently awaiting final publication of the Record of Decision from the USFS to allow exploration drilling and other Project activities.

As the Idaho Copper Project moves forward, having Idaho-based operations and leadership will provide greater access to relevant agencies and help to build state, local and community relationships. The ongoing engagement of Idaho professionals, local labor, geologists, and mining industry experts confirms IC’s commitment to Idaho and Boise County.

The Idaho Copper exploration team maintains best management practices with respect to groundwater, hydrogeology and environmental protection in conducting its federally approved activities on private and public lands.

The Project region, Southern Idaho, is rooted in mining history and natural resource economies. A recent survey by Boise State University highlighted the overwhelming support of Idahoans for responsible mining with 80.4 percent of respondents affirming their belief that mining can be conducted without negatively impacting the environment. Local, state and federal governments have shown great interest in and are formally declaring their support for the Idaho Copper Project. Furthermore, a shift to pro-development policies within federal agencies has created momentum for strategic minerals projects.

Path to Value Creation

Step 1

Updated PEA
Focus on ore sorting evaluation and testing to eliminate waste and reduce mill size and capital and operating costs.
Learn About Ore Sorting

Step 2

Drilling / Resource Update
Upon receiving final drill permits, the potential for resource expansion via drilling in higher grade copper area to the west, plus infill drilling in the previously explored areas.

Step 3

Phase 1 Improvements
Smaller starter pit in higher-profit areas developed through ore sorting to be analyzed in order to optimize early cashflow.

Step 4

Leaching Potential
Potential to stockpile and heap leach lower-grade ore which otherwise would be sent to the concentrator, adding to cashflow.

Step 5

PFS Increases Shareholder Value
Upgraded PEA to PFS study with increased efficiencies on phase 1 development.