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New Frontier lodges mining lease for Big One copper deposit
Copper developer New Frontier Minerals has lodged a mining lease application for the Big One copper deposit, part of its NWQ copper project in the Mount Isa copper belt of north-west Queensland. Covering 240 ha, the lease secures long-term tenure over the historical Big One workings and surrounding mineralised structures.The application is supported by an initial development plan that outlines a potential opencut copper mining operation, referencing Joint Ore Reserves Committee-compliant indicated and inferred resources of 2.1-million tonnes at 1.1% copper, and an additional 7 000 t at 1.3% copper from surface ... (full story)
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