Name of the Project
Kutcho copper/zinc development project.

Location
North-west British Columbia, Canada.

Project Owner/s
Kutcho Copper.

Project Description
Kutcho is a high-margin, low-capital project with significant upside potential.

The project comprises total measured and indicated resources of 17.26-million tonnes grading 2.61% copper equivalent, 1.85% copper, 2.72% zinc, 0.49 g/t gold and 33.9 g/t silver. Inferred resources are estimated at 10.71-million tonnes grading 1.67% copper equivalent, 1.18% copper, 1.76% zinc, 0.26 g/t gold and 21.5 g/t silver.

The proposed mine will operate for 12 years at 2 500 t/d for total life-of-mine payable production of 378-million pounds of copper and 473-million pounds of zinc. On average, the mine will produce 33-million pounds a year of copper and 42-million pounds a year of zinc.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at an 8% discount rate, of C$265-million and an internal rate of return of 27.6%, with a payback of 3.6 years.

Capital Expenditure
Capital expenditure is estimated at C$220.7-million, including a 15% contingency.

Planned Start/End Date
Not stated.

Latest Developments
Kutcho Copper has begun negotiating economic partnership participation agreements with the Kaska Nation, represented by Dease River First Nation, and the Tahltan Nation, represented by the Tahltan Central Government, about the Kutcho project.

The negotiation process comes as the feasibility study is nearing completion and Kutcho is preparing to re-enter the environmental approval process.

Key Contracts, Suppliers and Consultants
CSA Global Consultants Canada (feasibility study, including mining, hydrology and site water balance work); Mineit (mining engineering, processing and recovery, reserve estimation and financial modelling); Allnorth (process plant and infrastructure design and engineering); and Piteau Associates (waste and tailings management engineering and design). Incorporated into the feasibility study team, but contracted directly to Kutcho Copper, will be SIM Geological (resource modelling and estimation), Terrane Geoscience (mining geotechnical engineering), and OnSite Engineering (main access road design and engineering).

Contact Details for Project Information
Kutcho Copper Corp, tel +1 604 628 5623 or email  info@kutcho.ca.