Storm Copper Project PEA: Unveiling the Potential of a...

Storm Copper Project PEA: Unveiling the Potential of a CopperGiant!

Remember back in November 2023 when the Storm Copper Project's Preliminary Economic Assessment (PEA) was presented as being 50%completed and was looking at a mid-January release? Well, just like the unearthed even more copper riches, the PEA study's taken a detour on the road to awesome. But fret not, because all signs point to it being imminent!

Here's why the wait is about to be worth it:

• Storm's Maiden JORC resource estimate, a key ingredient for the PEA, smashed expectations, landing two months later than planned but much BIGGER at 17.5 million tonnes of high-grade copper & silver ore. This means even more copper to fuel the economic fire just as global demand is increasing.
• Early studies suggest open-pit mining is a strong possibility. Picture a massive copper treasure chest being gently pried open!
• Metallurgical tests are showing excellent copper recovery with low-cost processing methods. Imagine turning those raw chalcocite copper minerals into pure profit with ease! With no Chemicals or Legacy Tailing Dam concerns.
• While the initial cost estimates are still being refined, it is believed "Ausenco's" expertise is likely giving them a solid foundation. They're the Mineral Processing Design engineers who can map out the most efficient path to riches.

The PEA will be like a roadmap to a copper bonanza, detailing:

• How much copper is there? (We already know it's a lot, thanks to the JORC resource estimate and the prediction of it growing significantly this year with Cyclone North, Lightning Ridge & Thunder to name a few exploration targets!)
• How will they get it out? Open-pit mining seems like a clear winner! Simple drill & blast, load & haul to a crusher. Like your local road base Quarry.
• How will they separate the good stuff from the rest? Those Ore Sorting trials are pointing to a sweet, efficient process over Flotation. Although, Dense Media Separation or Jigging could be still under consideration!
• How much will it cost to get started and keep things running? Early indications suggest this could be a very profitable venture!
• How long will it take? Ausenco can provide a realistic timeline to get that copper flowing!
• What are the potential challenges? They've already identified some, but nearby mines have successfully overcome similar hurdles.

This PEA is the green light Storm needs to decide if they're sitting on a world-class sedimentary hosted copper mine. While it's not the final answer, it's the first crucial step towards making Storm a reality.

Dave O'Neill wasn't kidding – every drill core reveals even more copper riches! Imagine, vast, unexplored copper veins snaking beneath the surface, just waiting to be tapped. The PEA is like a detonator, ready to blast open the potential of this game-changing project. So, buckle up, copper investors, because the ride to Storm's potential is about to begin!