Redhawk Resources has concluded that while both open pit and underground development plans may be viable, the much smaller capital costs, shorter development time, and lower additional development costs to production for a large scale underground mine were determined to be more suitable for potential development of the Copper Creek copper-molybdenum project in San Manuel, Arizona.
Joe Sandberg, President and CEO commented: “We are fortunate to have the choice between two potentially viable mining approaches, however proceeding with the large scale underground scenario versus open pit is the correct path to production for our Copper Creek project based on the current realities in the mining industry.”
The mine site is located in the Galiuro Mountain area, about 15 miles northeast of San Manuel. The property is in the southwest US porphyry copper belt at the projected intersection of a major northwest belt of porphyry copper deposits or mines (Ray, Miami/Globe, Superior/Resolution, Johnson Camp) and a major east-northeast belt of porphyry deposits (San Manuel/Kalamazoo, Silver Bell, Lakeshore, Safford, Morenci) according to the company.
The property is within sight of the former BHP Kalamazoo/San Manuel copper smelter and mine and within 30 miles of an existing operating copper mill and smelter.
Redhawk expects to employ between 100 and 400 people. San Manuel is home to many mining families.