North America-focused Phoenix Copper has completed a new economic model for the Idaho-based Empire mine, which the company will now use as a basis for the feasibility study that it aims to deliver before the middle of next year.
The economic model, which was prepared by Hard Rock Consulting of Lakewood, Colorado, is based ore production of 1.6-million tons a year over an initial nine-year mine life, with a further two years of low-grade ore processing at the end of mining.