Majuba Hill Copper Corp (CSE:JUBA) was in the spotlight as the Fraser institute, an industry expert, called Nevada the “most attractive jurisdiction for mining investment globally.”
The company, in a statement, meanwhile, described the recognition as “a significant milestone to both Nevada and for Majuba”, whilst pointing to its own independent technical report, released recently, which laid out the Majuba Hill project’s significant potential.
That report outlined an exploration target of 100,000,000 tonnes with a potential to host up to 660,000,000 pounds of copper, Majuba noted, along with the possibility to expand that target remains open in all directions of the project.
Chief executive David Greenway said that the company’s “exceptional findings from Majuba Hill's drill results underscore Nevada's standing in the mining world.”
Greenway commented: “Nevada's prestigious ranking by the Fraser Institute is a testament to the promising potential and significance of the region for copper mining.
“Our recent intercepts are the longest ever for copper mineralization at Majuba, underpinning the robustness and value of this porphyry project.”
He continued: “Majuba Hill's commitment to enhancing copper supplies becomes even more critical considering the forecasted copper deficit from 2026 onward. We are proud of our contributions and excited about the positive trajectory of our endeavors in Nevada, a top-tier mining jurisdiction.”
Investors can access the Fraser Institute report here.