Welcome to the Upper Kobuk Mineral Project
posted on
May 03, 2012 03:14PM
NovaCopper released a Preliminary Economic Assessment (PEA) of the Arctic deposit in March 2012, which yielded valuations of US$500.0 million to US$1.5 billion at a range of assumed commodity prices. The aggressive drill program at the Bornite deposit identified some of the best copper exploration holes in the world in the past 10 years. Coupled with the cooperation agreement between NovaGold and NANA, these efforts have turned UKMP into one of the most exciting copper-focused exploration districts in the world.