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Nevada Copper draws down US$70M under precious stream for Pumpkin Hollow project

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Nevada Copper draws down US$70M under precious stream for Pumpkin Hollow project

Nevada Copper Corp. said Sept. 6 that it completed a US$70 million drawdown under its previously announced precious metals stream agreement, which forms part of a US$378 million funding package for its Pumpkin Hollow underground copper project in Nevada.

The drawdown follows the company's recent decision to proceed with construction at Pumpkin Hollow. It will fund development costs at the project.