| Vancouver, B.C., October 12, 2021. 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 info@kutcho.ca or visit our website at www.kutcho.ca. |
