Idaho Copper (NYSE American: COPR) announced results of an updated preliminary economic assessment (“PEA”) for its 100%-owned CuMo copper-molybdenum-silver project in Boise County, Idaho. The study outlines an after-tax net present value (“NPV”) of $1.88 billion at an 8% discount rate, an after-tax internal rate of return (“IRR”) of 18.5% and a payback period of 5.9 years. The project has an estimated 46-year mine life, with initial capital costs of $1.17 billion and an additional $658 million in expansion capital planned for year five. Average annual production over the first 21 years is projected at 41.6 million pounds of copper, 30.5 million pounds of molybdenum and 1.36 million ounces of silver.
The updated PEA incorporates a smaller initial processing plant, X-ray fluorescence (“XRF”) sensor-based ore sorting and a revised mine plan designed to access higher-grade material earlier, reducing upfront capital requirements and accelerating payback. At Oct. 12, 2026, spot metal prices, the study estimates an after-tax NPV of $6.24 billion, an IRR of 38.4% and a payback period of 3.4 years. Idaho Copper plans to advance pilot-scale testing to validate its ore-sorting assumptions and conduct the bulk of its prefeasibility study work in 2027, targeting completion in 2028.
To view the full press release, visit https://ibn.fm/cVHue
About Idaho Copper Corp.
Idaho Copper Corporation (NYSE American: COPR) is a critical minerals developer focused on exploring and developing the CuMo copper-molybdenum-silver project located in Boise County, Idaho. The CuMo project is one of the largest undeveloped copper deposits in the US, and the Company believes it is among the largest undeveloped molybdenum deposits in the world. CuMo contains significant amounts of silver, rhenium, and tungsten – all considered critical or of strategic importance. The project comprises approximately 2,640 acres and consists of 126 federal unpatented lode mining claims and 6 patented mining claims.
To learn more, please visit www.idaho-copper.com
About MiningNewsWire
MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers : (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact ; (4) social media distribution via IBN to millions of social media followers ; and (5) a full array of tailored corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.
MNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Austin, Texas
www.MiningNewsWire.com
512.354.7000 Office
Editor@MiningNewsWire.com
MiningNewsWire is powered by IBN
