Since closing the acquisition of its high grade copper-zinc project in northern British Columbia in December 2017, Kutcho Copper (TSXV: KC; US-OTC: KCCFF) has completed a full field season of data collection and drilling, and published a resource update.
The company says it is on track to complete a feasibility study on Kutcho before the end of September, and, if everything goes according to plan, president and CEO Vince Sorace says the project should be fully permitted and shovel-ready in the second quarter of 2022, with production beginning in mid-2023.
That timeline should serve its shareholders well, the mining executive says, with the looming supply deficit many analysts and industry watchers predict for copper in the mid-2020s.
“Our strategy has always been the shortest path to feasibility and permitting,” Sorace says. “We do think the project will get larger — there’s more resource drilling we can do — but, for now, all the data we’ve got is going to move towards completing the feasibility study.”