Kutcho Copper Nears Completion of the Feasibility Study on its High-Grade Copper-Zinc Project
Kutcho Copper Nears Completion of the Feasibility Study on its High-Grade
Copper-Zinc Project
VANCOUVER, British Columbia, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Kutcho Copper Corp. (TSXV: KC, OTCQX:
KCCFF) (“Kutcho Copper” or the “Company”) is pleased to provide a final progress report on the feasibility study for its high-
grade copper-zinc Project (“Project”) that is being led by CSA Global Consultants Canada Ltd. (“CSA Global”, an ERM Group
Company), expected to be completed in early November, 2021.
Kutcho Copper President & CEO, Vince Sorace, commented: “The feasibility study has advanced rapidly in the past month,
with a completion date anticipated in approximately three weeks. This study will represent the culmination of a multiyear effort
to rethink, redesign and optimize the Kutcho Project to maximize the economic returns while respecting and protecting the
environment in which the project would be developed. We look forward to the next steps in showcasing the benefits of this high
-grade project to our stakeholders in consultation with the Tahltan and Kaska First Nations and advancing the Kutcho project
through permitting and a production decision.”
The last stages of the feasibility study are focused on finalizing infrastructure engineering design, material take-offs and cost
estimation. Additional components completed in the past 30 days include:
• The open pit and underground mining plans have been finalised, and an integrated production schedule that focuses on
processing highest grade material early in mine life has been developed.
• Process engineering is at an advanced stage, with the design of a compact comminution, ore sorting and flotation
circuit. The ore sorting circuit is fully integrated into the comminution circuit and allows the pre-sorting and discarding of
approximately 600 tpd of low-grade material, thereby reducing the load into flotation circuit from a nominal 4,500 tpd
crushed to 3,900 tpd, while maintaining a metal recovery from the ore sorting in the order of 99%.
• The tailings management facility is designed as a fully-lined contact water and tailings storage facility, thus eliminating
the need for an additional contact water dam.
• All contact water will be treated prior to discharge to the environment or re-use in the process plant. A water
management plan has been devised that allows for discharge of treated water into Kutcho Creek during the high-flow
summer months.
• The mine site access road design and cost estimation has been finalised and integrated into the feasibility study
construction schedule.
Qualified Persons
The technical or scientific information in this press release has been reviewed and approved by Mr. Garth Kirkham, P. Geo.,
Technical Advisor for Kutcho Copper Corp., who serves as a Qualified Person under the definition of NI 43-101.
About Kutcho Copper Corp.
Kutcho Copper Corp. is a Canadian resource development company focused on expanding and developing the Kutcho high
grade copper-zinc project in northern British Columbia. Committed to social responsibility and the highest environmental
standards, the Company intends to progress the Kutcho Project through feasibility and permitting to a positive construction
decision.
Vince Sorace
President & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper Corp, please email [email protected] or visit our website at www.kutcho.ca.
Cautionary Note Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company
within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and
are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”,
“projects”, “potential”, “indicates”, “opportunity”, “possible” and similar expressions, or that events or conditions “will”, “would”,
“may”, “could” or “should” occur. Although Kutcho Copper believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to
risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such
material risks and uncertainties include, but are not limited to, the Company’s ability to raise sufficient capital to fund its
obligations under its property agreements going forward, to maintain its mineral tenures and concessions in good standing, to
explore and develop the Kutcho project or its other projects, to repay its debt and for general working capital purposes;
changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining
operations, future prices of copper and other metals, changes in general economic conditions, accuracy of mineral resource
and reserve estimates, the potential for new discoveries, the potential to convert inferred resources to indicated or measured
resources, the potential to optimize the mine plan, the ability of the Company to obtain the necessary permits and consents
required to explore, drill and develop the Kutcho project and if obtained, to obtain such permits and consents in a timely
fashion relative to the Company’s plans and business objectives for the projects; the general ability of the Company to
monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the
Company’s operations, compliance with environmental laws and regulations, aboriginal title claims and rights to consultation
and accommodation, dependence on key management personnel and general competition in the mining industry. Forward-
looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date
the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking
statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.